Velocity Community
Velocity Community is a credit union based in Palm Beach Gard, Florida, established in 1958, with $498 million in total assets serving 25,149 members. By Trust Grade it ranks 4th of 107 credit unions we track in Florida. Its net worth ratio of 12.3% is stronger than 64% of similarly sized credit unions, versus a Florida median of 11.1%. It was profitable over the most recent period, with a 1.21% return on assets. No consumer complaints against Velocity Community appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Velocity Community compares to Florida peers
How we graded Velocity Community
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (12.3% capital ratio)
- Strongly profitable (ROA 1.21%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Velocity Community over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Velocity Community insured?
Yes. Velocity Community is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Velocity Community: frequently asked questions
Is Velocity Community a good credit union?
Velocity Community earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (12.3% capital ratio); Strongly profitable (ROA 1.21%).
Is Velocity Community NCUA-insured?
Yes. Velocity Community is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Velocity Community?
Velocity Community holds $498 million in total assets, ranking 4th of 107 credit unions we track in Florida. It serves 25,149 members.
Does Velocity Community have CFPB complaints?
No CFPB complaints against Velocity Community appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
