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Whether you want to save or borrow, we are your trusted source for competitive rates and outstanding service.
For details regarding our current rates, please refer to the chart below.
Product
Dividend Rate1
Annual Percentage Yield
Minimum Balance to Earn Dividend
Maximum Balance to Earn Dividend
Savings
0.10%
0.10%
$5.00 - $2,499
0.15%
0.15%
$2,500+
Money Market Account
0.00%
0.00%
$5.00 - $2,499
0.70%
0.70%
$2,500 - $9,999
0.70%
0.70%
$10,000 - $24,999
0.85%
0.85%
$25,000 - $74,999
1.24%
1.25%
$75,000 - $99,999
1.34%
1.35%
$100,000+
High Yield Savings
3.20%
3.25%
$10,000
$50,000
Holiday Club
0.10%
0.10%
$0.00 - $2,499
0.15%
0.15%
$2,500+
You Name It
0.10%
0.10%
$0.00 - $2,499
0.15%
0.15%
$2,500+
HSA Savings
1.49%
1.50%
$5.00+
1) All savings rates are quoted as annual percentage yields. Anticipated APYs are accurate as May 1, 2025. High Yield Savings accounts are available as of September 10, 2023. Rates are reviewed Monthly and are subject to change. Please speak with a member services representative for information about applicable rates and fees.
Checking Accounts
Product
Dividend Rate2
Annual Percentage Yield
Minimum Balance to Earn Dividend
Smart Choice Checking
0.00%
0.00%
$0.00 - $9,999
0.00%
0.00%
$10,000 - $49,999
0.00%
0.00%
$50,000+
HSA Checking
0.00%
0.00%
$0.00 - $9,999
0.00%
0.00%
$10,000 - $49,999
0.00%
0.00%
$50,000+
2)All checking rates are quoted as annual percentage yields. Anticipated APYs are accurate as of May 1, 2025. Rates are reviewed Monthly and are subject to change. Please speak with a member services representative for information about applicable rates and fees.
Certificates, IRAs & CESAs
Certificates & IRA Certificates
Product
Term
Dividend Rate3
Annual Percentage Yield
Minimum Balance
Member
6 Months
3.39%
3.45%
$1,000
12 Months
3.63%
3.70%
$5,000
18 Months
3.68%
3.75%
$5,000
24 Months
3.20%
3.25%
$5,000
36 Months
3.20%
3.25
$5,000
48 Months
3.20%
3.25%
$5,000
60 Months
3.20%
3.25%
$5,000
MemberPLUS
6 Months
3.44%
3.50%
$1,000
12 Months
3.68%
3.75%
$5,000
18 Months
3.73%
3.80%
$5,000
24 Months
3.25%
3.30%
$5,000
36 Months
3.25%
3.30%
$5,000
48 Months
3.25%
3.30%
$5,000
60 Months
3.25%
3.30%
$5,000
Bump-Up
24 Months
3.20%
3.25%
$5,000
Youth
6 Months
3.39%
3.45%
$250
12 Months
3.63%
3.70%
$250
3)The rates quoted above are accurate and effective for the above accounts as of the effective date indicated. Certificate rates remain fixed for the term of the certificate. Fees or other conditions could reduce the earnings on the account. A penalty may be imposed for withdrawals before maturity. Please speak with a member services representative for information about applicable rates and fees. Certificate rates are accurate as of May 1, 2025.
IRA and CESA
Account
Dividend Rate4
Annual Percentage Yield
Minimum Balance to Earn Dividend
Traditional, ROTH, & SEP IRAs
0.00%
0.00%
$0 - $2,499
0.70%
0.70%
$2,500 - $9,999
0.70%
0.70%
$10,000 - $24,999
0.85%
0.85%
$25,000 - $74,999
1.24%
1.25%
$75,000 - $99,999
1.34%
1.35%
$100,000+
Coverdell Education Savings Accounts
0.00%
0.00%
$0 - $2,499
0.70%
0.70%
$2,500 - $9,999
0.70%
0.70%
$10,000 - $24,999
0.85%
0.85%
$25,000 - $74,999
1.24%
1.25%
$75,000 - $99,999
1.34%
1.35%
$100,000+
4) All IRA and CESA rates are quoted as annual percentage yields. Anticipated APYs are accurate as of May 1, 2025. Rates are reviewed Monthly and are subject to change. Please speak with a member services representative for information about applicable rates and fees.
5) APR = Annual Percentage Rate. Rates are quoted as ranges and your rate will be determined by your ability to repay, creditworthiness, risk score, and the terms of the loan. Not everyone will qualify for the lowest rate. A down payment may be required. Value for used vehicles will be determined by NADA. Membership and credit requirements apply. Contact the Credit Union for complete details. Maximum amount is $100,000 and maximum rate is 17.50%. The interest rate charged and the annual percentage rate are constant for the life of the loan. Assuming a $20,000 loan amount, a 3-year term, and a 4.75% APR, you would make 36 monthly payments of $598.20. Not all terms are available, depending on the age of the vehicle and the individual’s creditworthiness. Please call for a quote.
While every effort has been made to ensure that this website contains accurate and current information regarding rates and other terms, errors may occur. Rates quoted are subject to correction and change by Velocity Community Credit Union.
Please visit our Mortgage Center for information about Purchases and Refinances. Rates are subject to change daily.
Mortgage Loans
Conventional and FHA
APR6
Terms from 10 to 30 Years
Fixed rate products including Primary, Vacation, and Investment Homes
Call for a quote!
EZ Refinance
Rate
APR6
5 Year Term
Alternative Refinance - fast, easy, and no closing costs1
5.500%
5.500%
10 Year Term
Alternative Refinance - fast, easy, and no closing costs1
5.750%
5.750%
15 Year Term
Alternative Refinance - fast, easy, and no closing costs1
6.000%
6.000%
Home Equity Loans
Home Equity Line of Credit (HELOC)
APR6
10 Year Draw
No closing costs7
Prime8
Fixed Home Equity
APR6
5 - 15 Year Terms
No closing costs1
as low as 6.25%
6) APR=Annual Percentage Rate. Rates subject to change without notice. Velocity reserves the right to restrict LTV limits. Individual rates will be determined by creditworthiness, ability to repay, loan to value (LTV), property type, and term. Contact the Credit Union for complete details. 7) The Credit Union may pay closing costs to third parties when the loan closes and disburses. Should the loan application be canceled by the member, declined, or credit cannot be granted, the member will be responsible for reimbursement to the Credit Union of all expenses incurred by the Credit Union on the member’s behalf prior to the point of cancellation. If your loan requires an appraisal, you will be responsible for this fee. EZ Refi loans may require reimbursement of all closing costs if paid off within 36 months of closing. Should evidence of possible termites and/or termite damage be found during the appraisal inspection, the member will be responsible for the payment of all termite inspection, treatment, and/or repairs recommended prior to closing and funding the loan. 8) Prime Rate as published in the Wall Street Journal and adjusted monthly. The Floor rate is 4.00% APR and Life Cap is 16.00% APR.
No Annual Fee. Get 1.5 points for all transactions, plus bonus points on gas & grocery purchases!
15.75% - 18.00%
New Cardholders
0% Introductory Rate for 12 Months on balance transfers made within 90 days of account opening with no balance transfer fee.
after which the standard variable rate will be:
No Annual Fee. Get 1.5 points for all transactions, plus bonus points on gas & grocery purchases!
15.75% - 18.00%
Platinum Low-Rate VISA Credit Card
Variable APR11
Current Cardholders
No Annual Fee
13.75% - 18.00%
New Cardholders
0% Introductory Rate for 12 Months on balance transfers made within 90 days of account opening with no balance transfer fee.
after which the standard variable rate will be:
No annual fee
13.75% - 18.00%
VISA Secured Credit Cards
Variable APR11
Platinum Rewards Secured VISA
Terms as noted above for respective card type.
18.00%
Low-Rate Platinum Secured VISA
Terms as noted above for respective card type.
18.00%
Click here to view a copy of our Credit Card Disclosure (also known as a Schumer Box) for more detailed rate and disclosure information.
11) APR=Annual Percentage Rate. Variable-rate is based on the Prime Rate as published in The Wall Street Journal, currently 7.50% APR plus margin, as of April 8, 2025. Contact Velocity Community Credit Union for complete details. Annual Percentage Rate will not exceed 18.00% APR. Rates are quoted as ranges and your rate will be determined by your creditworthiness.
While every effort has been made to ensure that this website contains accurate and current information regarding rates and other terms, errors may occur. Rates quoted are subject to correction and change by Velocity Community Credit Union.
