Our Rates

Savings Accounts

Start your account today with our online application! In three easy steps, you can complete the requested information online. We will follow up with you as soon as possible to complete your account. To get started, click here.

For details regarding our current rates, please refer to the chart below.

ProductDividend Rate*Annual Percentage YieldMinimum Balance to Earn Dividend
Savings0.10%0.10%$5.00 - $2,499
0.15%0.15%$2,500+
Money Market Account0.00%0.00%$5.00 - $2,499
0.15%0.15%$2,500 - $9,999
0.15%0.15%$10,000 - $24,999
0.15%0.15%$25,000 - $74,999
0.25%0.25%$75,000 - $99,999
0.25%0.25%$100,000+
Holiday Club0.10%0.10%$0.00 - $2,499
0.15%0.15%$2,500+
You Name It0.10%0.10%$0.00 - $2,499
0.15%0.15%$2,500+
HSA Savings1.50%1.50%$5.00+

* All savings rates are quoted as annual percentage yields. Anticipated APYs are accurate as of December 1, 2021. 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

ProductDividend Rate*Annual Percentage YieldMinimum Balance to Earn Dividend
Smart Choice Checking0.00%0.00%$0.00 - $9,999
0.00%0.00%$10,000 - $49,999
0.00%0.00%$50,000+
HSA Checking0.00%0.00%$0.00 - $9,999
0.00%0.00%$10,000 - $49,999
0.00%0.00%$50,000+

* All checking rates are quoted as annual percentage yields. Anticipated APYs are accurate as of December 1, 2021. 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

ProductTermDividend Rate*Annual Percentage YieldMinimum Balance
Member6-11 Months0.15%0.15%$1,000
12-17 Months0.30%0.30%$1,000
18-23 Months0.30%0.30%$1,000
24-35 Months0.35%0.35%$5,000
36-47 Months0.45%0.45%$5,000
48-59 Months0.50%0.50%$5,000
60 Months0.60%0.60%$5,000
MemberPLUS6-12 Months0.20%0.20%$1,000
12-17 Months0.35%0.35%$1,000
18-23 Months0.35%0.35%$1,000
24-35 Months0.40%0.40%$5,000
36-47 Months0.50%0.50%$5,000
48-59 Months0.55%0.55%$5,000
60 Months0.65%0.65%$5,000
Bump-Up: Member24 Months0.35%0.35%$5,000
Bump-Up: MemberPlus24 Months0.40%0.40%$5,000
Youth6 Months0.15%0.15%$250
12 Months0.30%0.30%$250

* 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 December 1, 2021.

IRA and CESA

AccountDividend Rate*Annual Percentage YieldMinimum Balance to Earn Dividend
Traditional, ROTH, & SEP IRAs0.00%0.00%$0 - $2,499
0.15%0.15%$2,500 - $9,999
0.15%0.15%$10,000 - $24,999
0.15%0.15%$25,000 - $74,999
0.25%0.25%$75,000 - $99,999
0.25%0.25%$100,000+
Coverdell Education Savings Accounts0.00%0.00%$0 - $2,499
0.15%0.15%$2,500 - $9,999
0.15%0.15%$10,000 - $24,999
0.15%0.15%$25,000 - $74,999
0.25%0.25%$75,000 - $99,999
0.25%0.25%$100,000+

* All IRA and CESA rates are quoted as annual percentage yields. Anticipated APYs are accurate as of December 1, 2021. Rates are reviewed Monthly and are subject to change. Please speak with a member services representative for information about applicable rates and fees. 

 

Vehicles

Apply Now!

For details regarding our current rates, please refer to the charts below.

New & Used Car, Truck, SUV, or Van - 5 years old or newerAPR*
Up to 36 MonthsAsk about our Protection Plans!1.99% - 14.49%
Up to 48 MonthsAsk about our Protection Plans!2.89% - 15.39%
Up to 60 MonthsAsk about our Protection Plans!2.99% - 15.49%
Up to 66 MonthsMinimum loan amount of $18,0003.19% - 15.69%
Up to 72 MonthsMinimum loan amount of $18,0003.49% - 15.99%
Up to 78 MonthsMinimum loan amount of $18,0003.99% - 16.49%
Up to 84 MonthsMinimum loan amount of $40,0004.69% - 17.19%

Used Car, Truck, SUV, or Van - 6 years old or olderAPR*
Up to 36 MonthsAsk about our Protection Plans!2.99% - 15.49%
Up to 48 MonthsAsk about our Protection Plans!3.89% - 16.39%
Up to 60 MonthsAsk about our Protection Plans!3.99% - 16.49%
Up to 66 MonthsMinimum loan amount of $18,0004.19% - 16.69%
Up to 72 MonthsMinimum loan amount of $18,0004.49% - 16.99%

New BoatsAPR*
Up to 84 MonthsAsk about our Protection Plans! 4.49% - 17.99%
Up to 180 MonthsMinimum Loan $25,0005.49% - 18.00%

Used BoatsAPR*
Up to 84 MonthsAsk about our Protection Plans!4.99% - 18.00%
Up to 180 MonthsMinimum Loan $25,0006.49% - 18.00%

New Campers, Travel Trailers, and MotorhomesAPR*
Up to 84 MonthsAsk about our Protection Plans!4.49% - 17.99%
Up to 180 MonthsMinimum Loan $25,0005.49% - 18.00%

Used Campers, Travel Trailers, and MotorhomesAPR*
Up to 84 MonthsAsk about our Protection Plans!4.99% - 18.00%
Up to 180 MonthsMinimum Loan $25,0006.49% - 18.00%

MotorcyclesAPR*
New Up to 60 MonthsAll Loan Amounts4.79% - 17.79%
Used Up to 60 Months.All Loan Amounts5.79% - 18.00%
New Up to 84 MonthsAll Loan Amounts5.79% - 18.00%
Used Up to 84 MonthsAll Loan Amounts6.79% - 18.00%

* APR= Annual Percentage Rate. Rates are quoted as ranges and your rate will be determined by your creditworthiness. Please call for a quote. All loan rates are quoted as annual percentage rates.

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.

 

Home

Apply Now!

Please visit our Mortgage Center for information about Purchases and Refinances. Rates are subject to change daily.

Mortgage Loans

Conventional and FHAAPR*
Terms from 10 to 30 YearsFixed rate products including Primary, Vacation, and Investment HomesCall for a quote!

EZ RefinanceRateAPR*
5 Year TermAlternative Refinance - fast, easy, and no closing costs12.750%2.750%
10 Year TermAlternative Refinance - fast, easy, and no closing costs13.000%3.000%
15 Year TermAlternative Refinance - fast, easy, and no closing costs13.250%3.250%

Home Equity Loans

Home Equity Line of Credit (HELOC)APR*
10 Year DrawNo closing costs1Prime2

Fixed Home EquityAPR*
5 - 15 Year TermsNo closing costs1as low as 4.50%

*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.
1 Does not include appraisal fees if an appraisal is required.
2 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.

 

Personal and Student

Apply Now for a Personal Loan!Apply Now for a Student Loan!

For details regarding our current rates, please refer to the chart below.

Personal LoansAPR*
Up to 60 MonthsBorrow up to $30,0007.99% - 16.99% APR

Student LoansAPR*
Up to 15 YearsThree options available available - see Student Loan page for details7.80% APR

Credit Builder LoansAPR*
Up to 36 MonthsBorrow between $500 - $5,000 to rebuild credit - see loan page for details.7.90% APR

Savings Pledge LoansAPR*
Up to 48 MonthsUse your savings as collateralDividend Rate + 3.00%
Up to 72 MonthsUse your savings as collateralDividend Rate + 5.00%
Up to 96 MonthsUse your savings as collateralDividend Rate + 7.00%
Up to 120 MonthsUse your savings as collateralDividend Rate + 9.00%

Certificate Pledge LoansAPR*
Maturity Date of CertificateUse your certificate as collateralCD Rate + 2.00%

* APR= Annual Percentage Rate. All loan rates are quoted as annual percentage rates.

** Please call for a quote. Rates are quoted as ranges and your rate will be determined by your creditworthiness.

 

Credit Cards

Apply Now!

VISA Platinum Rewards Credit CardVariable APR*
0% Introductory Rate for 6 Monthsafter which the standard variable rate will be:10.50% - 17.50%
No annual fee
No balance transfer fee
Same low rate - purchase or balance transfer!

VISA Platinum Credit CardVariable APR*
0% Introductory Rate for 6 Monthsafter which the standard variable rate will be:9.50% - 16.50%
No balance transfer fee
Same low rate - purchase or balance transfer!

VISA Secured Credit CardsVariable APR*
Platinum Rewards SecuredNo annual or balance transfer fee, lowest rates - purchase or balance transfer17.50%
Platinum SecuredNo annual or balance transfer fee, lowest rates - purchase or balance transfer16.50%

Click here to view a copy of our Credit Card Disclosure (also known as a Schumer Box) for more detailed rate and disclosure information.

*APR=Annual Percentage Rate. Variable-rate is based on the Prime Rate as published in The Wall Street Journal, currently 3.25% APR plus margin, as of November 9, 2021. 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.