Velocity Credit Union is a full-service financial institution that provides our community unique value through a personalized local banking alternative.
The credit union was originally chartered in 1947 as Austin Municipal Federal Credit Union to serve City of Austin employees. In 1998, we moved from a federal to a state charter, and renamed ourselves 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 took all the good things about AMFCU and added a more open membership to create a credit union with new energy and purpose. You can count on us to continually provide you with a full array of financial products and services to meet your needs now, and in the coming years as your needs change.
Today, we’re one of the largest and strongest credit unions in the state of Texas. We have over $922 million in assets, and serve more than 88, 000 members.
Our community charter is open to anyone that lives or works in the five county area (Travis, Hays, Williamson, Bastrop, Caldwell).
Furthermore, we are 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. We count on our members to be active participants in the cooperative. And we will remain dedicated to meeting these needs for decades to come.
Changes to the Property Value could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
You can change the property value by moving the Property Value slider up or down or by entering a new Property Value manually in the Property Value box.
When you change the Property Value, only the LTV will change, and the Loan Amount will remain the same Loan Amount.
Other advanced sliders’ options are available with Lendersa® Advanced Calculator
CloseChanges to the loan amount, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
CloseLTV is the abbreviation of Loan To Value, and it is the ratio between the Loan Amount and the Property Value. The formula to calculate LTV is Loan Amount divided by the property value. 
Example: Loan Amount $300,000, Property value $400,000 
Changes to the LTV, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
Close
The drum of the realization of the promise is beating, we are sweeping the road to the sky. Your joy is here today, what remains for tomorrow? The armies of the day have chased the army of the night...
NMLS 1795154