Velocity Community Credit Union

Velocity Community Credit Union is a Florida-based financial institution that has been serving its members since 1958. Originally established to cater to the financial needs of Pratt & Whitney Aircraft employees and their immediate family members, the credit union has since evolved to include the wider community of Palm Beach County, FL. With assets totaling over $280M, Velocity Community Credit Union prides itself on providing professional and friendly financial services for over 55 years. As a not-for-profit cooperative, it upholds the ethos of prioritizing members' financial well-being and offers above-average dividends on share and share draft accounts, regardless of account balance. The credit union's history traces back to the formation of credit societies in Germany in 1840, where farmers banded together to provide accessible and reasonably priced borrowing options, countering the exclusionary practices of traditional banks. Velocity Community Credit Union embraces the same cooperative model, aiming to improve the lives and circumstances of its members through superior financial and member service. As a staunch proponent of the credit union motto, "Not for profit, not for charity, but for service," it continues to uphold its founding principles in its operations. Specializing in the Financial Services and Banking industries, Velocity Community Credit Union expands its reach beyond its initial charter to serve a diverse and growing community. As the institution continues to evolve in a dynamic financial landscape, its commitment to promoting thrift, providing competitive rates, and supporting its members remains the cornerstone of its operations.