Velocity Credit Union Revenue and Competitors

Austin, TX USA

Location

N/A

Total Funding

Banking

Industry

Estimated Revenue & Valuation

  • Velocity Credit Union's estimated annual revenue is currently $36M per year.(i)
  • Velocity Credit Union's estimated revenue per employee is $231,000

Employee Data

  • Velocity Credit Union has 156 Employees.(i)
  • Velocity Credit Union grew their employee count by -1% last year.

Velocity Credit Union's People

NameTitleEmail/Phone
1
Sr VP - Digital and Remote StrategyReveal Email/Phone
2
Sr. VP Accounting and FinanceReveal Email/Phone
3
Mortgage Loan OfficerReveal Email/Phone
4
AVP, Business IntelligenceReveal Email/Phone
5
SVP LendingReveal Email/Phone
6
AVP NetworkingReveal Email/Phone
7
SVP Human ResourcesReveal Email/Phone
8
VP Information TechnologyReveal Email/Phone
9
SVP Retail DeliveryReveal Email/Phone
10
SVP OperationsReveal Email/Phone
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$12.3M65-6%N/AN/A
#2
$19.3M926%N/AN/A
#3
$407.8M13871%N/AN/A
#4
$27.1M12928%N/AN/A
#5
$168.5M8165%N/AN/A
#6
$55.2M239-42%N/AN/A
#7
$6.7M405%N/AN/A
#8
$95.6M36414%N/AN/A
#9
$49.2M2133%N/AN/A
#10
$337.5M11485%N/AN/A
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What Is Velocity Credit Union?

Velocity Credit Union was originally chartered in 1947 to serve the City of Austin employees, and was originally known as Austin Municipal Federal Credit Union. In 1998, we changed from a federal to a state charter, and changed our name to Austin Metropolitan Financial Credit Union (AMFCU) to better reflect the changes in our membership. In January 2003, we changed our name to Velocity Credit Union. We've taken all the good things about AMFCU and added new and exciting services to create a credit union with new energy and determination. You can count on us to continually provide you with the best financial tools and products to meet your needs today and tomorrow. Today, Velocity Credit Union is one of the largest and strongest financial institutions in the state of Texas. We have over $464 million in assets, and serve over 75,000 members and 280 sponsor groups, including employers, associations and communities. Velocity Credit Union remains committed to the long-established ideals of the Credit Union Movement: cooperation, self-help, independence, and non-profit operation. These ideals are put into action in many ways, every business day, to meet the wants and needs of today's Credit Union members. And Velocity Credit Union is dedicated to meeting these needs for decades to come.

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N/A

Total Funding

156

Number of Employees

$36M

Revenue (est)

-1%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Velocity Credit Union News

2022-04-17 - Police Incidents

Velocity Investments v. Kathy McCarthy ... Midland Credit Management v. Carrie Fuhr ... Elements Financial Federal Credit Union v.

2022-03-22 - Rise in Cybercrime Calls for Global Shared Intelligence: Report

She also served as a communications specialist for Xceed Financial Credit Union (now Kinecta FCU) in Los Angeles from 2013-2015, and as a CU...

2022-03-22 - Solutions for Banks Confronting the Loss of Overdraft Fees

“In the early 2000s, overdraft was kind of the Wild West of revenue for banks and credit unions,” observes Velocity's EVP of Sales Steve...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$51.7M15632%$119M
#2
$25M157-25%N/A
#3
$42.3M157-3%N/A
#4
$57M157-1%N/A
#5
$7.5M157-1%N/A