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Velocity Community Credit Union


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/19/2025
4.54%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/19/2025
4.20%
Our Rating
3.6  / 5
Jenius Bank
Jenius Savings Account
See Offer
Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/19/2025
3.80%
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/19/2025
4.46%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/19/2025
3.70%
Our Rating
4.3  / 5
American Express®
High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/19/2025
4.50%
Our Rating
4.1  / 5
BrioDirect
High-Yield Savings
See Offer
Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/19/2025
4.30%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/19/2025
4.39%
Our Rating
3.6  / 5
Valley National Bank
High-Yield Savings Account Via Raisin
See Offer
Sponsored Note: Valley National Bank, Member FDIC. $1 minimum, with no fees to open and maintain through Raisin. $250 bonus for new customers with a minimum deposit of $25,000 with promo code GET250.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/19/2025
4.25%
Our Rating
3.7  / 5
Sallie Mae Bank
14 Month High-Yield CD Via Raisin
See Offer
Sponsored Note: Sallie Mae Bank, Member FDIC. $1 minimum, with no fees to open and maintain through Raisin. $250 bonus for new customers with a minimum deposit of $25,000 with promo code GET250.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Overview / Commentary
www.velocitycommunity.org
561-775-2525
2801 Pga Blvd Ste 120
Palm Beach Gardens, FL 33410

Velocity Community Credit Union is headquartered in PALM BEACH GARDENS and is the 39th largest credit union in the state of Florida. It is also the 753rd largest credit union in the nation. It was established in 1958 and as of December of 2024, it had grown to 84 employees and 24,818 members at 3 locations. Velocity Community Credit Union's savings rates are 7X the national average, and it has an A health rating.

Field of Membership Restrictions

Membership in Velocity Community Credit Union is open to those who live, work, worship, volunteer, or attend school in Palm Beach County, Florida or have family members who are eligible for membership.
See current membership details

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Health
A

Data as of Q4 2024

Learn why bank health matters

Health Grade Components

Overall
NCUA #12458
Year Chartered1958
Employees84
Primary Regulator
Profit Margin
Return on Assets - YTD1.11%
Return on Equity - YTD9.34%
Annual Interest Income$21.7MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$480.9MM$488MM
LoansQ4 2024vs Q4 2023$307.7MM$297.5MM
DepositsQ4 2024vs Q4 2023$417.4MM$413.9MM
Equity CapitalQ4 2024vs Q4 2023$57.8MM$52.4MM
Loan Loss AllowanceQ4 2024vs Q4 2023$1.7MM$1.5MM
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$1.1MM$908K
Real Estate OwnedQ4 2024vs Q4 2023$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/19/2025
4.54%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/19/2025
4.20%
Our Rating
3.6  / 5
Jenius Bank
Jenius Savings Account
See Offer
Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/19/2025
3.80%
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/19/2025
4.46%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/19/2025
3.70%
Our Rating
4.3  / 5
American Express®
High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/19/2025
4.50%
Our Rating
4.1  / 5
BrioDirect
High-Yield Savings
See Offer
Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/19/2025
4.30%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/19/2025
4.39%
Our Rating
3.6  / 5
Valley National Bank
High-Yield Savings Account Via Raisin
See Offer
Sponsored Note: Valley National Bank, Member FDIC. $1 minimum, with no fees to open and maintain through Raisin. $250 bonus for new customers with a minimum deposit of $25,000 with promo code GET250.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/19/2025
4.25%
Our Rating
3.7  / 5
Sallie Mae Bank
14 Month High-Yield CD Via Raisin
See Offer
Sponsored Note: Sallie Mae Bank, Member FDIC. $1 minimum, with no fees to open and maintain through Raisin. $250 bonus for new customers with a minimum deposit of $25,000 with promo code GET250.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Velocity Community Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.50%$10k$50kHigh Yield Savings
1.50%$5-Health Savings Accounts
1.35%*$100k*-Coverdell Education Savings Account
OTHER TIERS: 0.85% → $2.5k - $75k | 1.25% → $75k - $100k
0.15%*$2.5k*-Savings
OTHER TIERS: 0.10% → $5 - $2.5k
0.15%*$2.5k*-Holiday Club Account
OTHER TIERS: 0.10% → $0 - $2.5k
0.15%*$2.5k*-"You name It" Account
OTHER TIERS: 0.10% → $0 - $2.5k

Velocity Community Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.35%*$100k*-Money Market Share Account
OTHER TIERS: 0.70% → $2.5k - $25k | 0.85% → $25k - $75k | 1.25% → $75k - $100k

Velocity Community Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.05%$1k-12 Month MemberPLUS CD
4.00%$1k-12 Month Member CD
4.00%$250-12 Month Youth CD
3.80%$1k-6 Month MemberPLUS CD
3.80%$1k-18 Month MemberPLUS CD
3.75%$1k-6 Month Member CD
3.75%$1k-18 Month Member CD
3.75%$250-6 Month Youth CD
3.55%$5k-24 Month MemberPLUS CD
3.55%$5k-36 Month MemberPLUS CD
3.55%$5k-48 Month MemberPLUS CD
3.55%$5k-60 Month MemberPLUS CD
3.50%$5k-24 Month Member CD
3.50%$5k-36 Month Member CD
3.50%$5k-48 Month Member CD
3.50%$5k-60 Month Member CD
3.50%$5k-24 Month Bump-Up Member CD

Velocity Community Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.05%$1k-12 Month MemberPLUS IRA
4.00%$1k-12 Month Member IRA
3.80%$1k-6 Month MemberPLUS IRA
3.80%$1k-18 Month MemberPLUS IRA
3.75%$1k-6 Month Member IRA
3.75%$1k-18 Month Member IRA
3.55%$5k-24 Month MemberPLUS IRA
3.55%$5k-36 Month MemberPLUS IRA
3.55%$5k-48 Month MemberPLUS IRA
3.55%$5k-60 Month MemberPLUS IRA
3.50%$5k-24 Month Member IRA
3.50%$5k-36 Month Member IRA
3.50%$5k-48 Month Member IRA
3.50%$5k-60 Month Member IRA
3.50%$5k-24 Month Bump-Up Member IRA
1.35%*$100k*-IRA
OTHER TIERS: 0.85% → $2.5k - $75k | 1.25% → $75k - $100k
Locations


Velocity Community Credit Union Locations
Branch Office563 N State Road 7Royal Palm Beach, FL 33411-3524
Branch Office2801 PGA BLVD STE 120PALM BEACH GARDENS, FL 33410
Branch Office6779 W Indiantown RdJupiter, FL 33458-4654

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