Our Rates
Savings Accounts
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For details regarding our current rates, please refer to the chart below.
Product Dividend Rate* Annual Percentage Yield Minimum 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
0.15% 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 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 1.50% 1.50% $5.00+
* All savings rates are quoted as annual percentage yields. Anticipated APYs are accurate as of July 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
| Product | Dividend Rate* | 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+ |
* All checking rates are quoted as annual percentage yields. Anticipated APYs are accurate as of July 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
| Product | Term | Dividend Rate* | Annual Percentage Yield | Minimum Balance |
| Member | 6-11 Months | 0.15% | 0.15% | $1,000 |
| 12-17 Months | 0.25% | 0.25% | $1,000 | |
| 18-23 Months | 0.30% | 0.30% | $1,000 | |
| 24-35 Months | 0.35% | 0.35% | $5,000 | |
| 36-47 Months | 0.45% | 0.45% | $5,000 | |
| 48-59 Months | 0.55% | 0.55% | $5,000 | |
| 60 Months | 0.65% | 0.65% | $5,000 | |
| MemberPLUS | 6-12 Months | 0.20% | 0.20% | $1,000 |
| 12-17 Months | 0.30% | 0.30% | $1,000 | |
| 18-23 Months | 0.35% | 0.35% | $1,000 | |
| 24-35 Months | 0.40% | 0.40% | $5,000 | |
| 36-47 Months | 0.50% | 0.50% | $5,000 | |
| 48-59 Months | 0.60% | 0.60% | $5,000 | |
| 60 Months | 0.70% | 0.70% | $5,000 | |
| Bump-Up: Member | 24 Months | 0.35% | 0.35% | $5,000 |
| Bump-Up: MemberPlus | 24 Months | 0.40% | 0.40% | $5,000 |
| Youth | 6 Months | 0.15% | 0.15% | $250 |
| 12 Months | 0.25% | 0.25% | $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 July 1, 2021.
IRA and CESA
| Account | Dividend Rate* | Annual Percentage Yield | Minimum Balance to Earn Dividend |
| Traditional, ROTH, & SEP IRAs | 0.00% | 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 Accounts | 0.00% | 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 July 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
For details regarding our current rates, please refer to the charts below.
| New & Used Car, Truck, SUV, or Van - 5 years old or newer | APR* | |
| Up to 36 Months | Ask about our Protection Plans! | 1.99% - 14.49% |
| Up to 48 Months | Ask about our Protection Plans! | 2.89% - 15.39% |
| Up to 60 Months | Ask about our Protection Plans! | 2.99% - 15.49% |
| Up to 66 Months | Minimum loan amount of $18,000 | 3.19% - 15.69% |
| Up to 72 Months | Minimum loan amount of $18,000 | 3.49% - 15.99% |
| Up to 78 Months | Minimum loan amount of $18,000 | 3.99% - 16.49% |
| Up to 84 Months | Minimum loan amount of $40,000 | 4.69% - 17.19% |
| Used Car, Truck, SUV, or Van - 6 years old or older | APR* | |
| Up to 36 Months | Ask about our Protection Plans! | 2.99% - 15.49% |
| Up to 48 Months | Ask about our Protection Plans! | 3.89% - 16.39% |
| Up to 60 Months | Ask about our Protection Plans! | 3.99% - 16.49% |
| Up to 66 Months | Minimum loan amount of $18,000 | 4.19% - 16.69% |
| Up to 72 Months | Minimum loan amount of $18,000 | 4.49% - 16.99% |
| New Boats | APR* | |
| Up to 60 Months | Ask about our Protection Plans! | 4.99% - 17.49% |
| Up to 84 Months | Minimum loan amount of $40,000 | 5.49% - 17.99% |
| Up to 120 Months | Minimum Loan $50,000 | 5.99% - 18.00% |
| Up to 180 Months | Minimum Loan $50,000 | 5.99% - 18.00% |
| Used Boats | APR* | |
| Up to 60 Months | Ask about our Protection Plans! | 5.49% - 17.99% |
| Up to 84 Months | Minimum loan amount of $40,000 | 5.75% - 18.00% |
| Up to 120 Months | Minimum Loan $50,000 | 6.99% - 18.00% |
| Up to 180 Months | Minimum Loan $50,000 | 6.99% - 18.00% |
| New Campers, Travel Trailers, and Motorhomes | APR* | |
| Up to 60 Months | Ask about our Protection Plans! | 4.99% - 17.49% |
| Up to 84 Months | Minimum loan amount of $40,000 | 5.49% - 17.99% |
| Up to 120 Months | Minimum Loan $50,000 | 5.99% - 18.00% |
| Up to 180 Months | Minimum Loan $50,000 | 5.99% - 18.00% |
| Used Campers, Travel Trailers, and Motorhomes | APR* | |
| Up to 60 Months | Ask about our Protection Plans! | 5.49% - 17.99% |
| Up to 84 Months | Minimum loan amount of $40,000 | 5.75% - 18.00% |
| Up to 120 Months | Minimum Loan $50,000 | 6.99% - 18.00% |
| Up to 180 Months | Minimum Loan $50,000 | 6.99% - 18.00% |
| Motorcycles | APR* | |
| New Up to 60 Months | All Loan Amounts | 5.29% - 17.79% |
| Used Up to 60 Months. | All Loan Amounts | 6.29% - 18.00% |
| New Up to 84 Months | All Loan Amounts | 6.29% - 18.00% |
| Used Up to 84 Months | All Loan Amounts | 7.29% - 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
Please visit our Mortgage Center for information about Purchases and Refinances. Rates are subject to change daily.
Mortgage Loans
| Conventional and FHA | APR* | |
| Terms from 10 to 30 Years | Fixed rate products including Primary, Vacation, and Investment Homes | Call for a quote! |
| EZ Refinance | Rate | APR* | |
| 5 Year Term | Alternative Refinance - fast, easy, and no closing costs1 | 2.750% | 2.750% |
| 10 Year Term | Alternative Refinance - fast, easy, and no closing costs1 | 3.000% | 3.000% |
| 15 Year Term | Alternative Refinance - fast, easy, and no closing costs1 | 3.250% | 3.250% |
Home Equity Loans
| Home Equity Line of Credit (HELOC) | APR* | |
| 10 Year Draw | No closing costs1 | Prime2 |
| Fixed Home Equity | APR* | |
| 5 - 15 Year Terms | No closing costs1 | as 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 Loans | APR* | |
| Up to 60 Months | Borrow up to $30,000 | 7.99% - 16.99% APR |
| Student Loans | APR* | |
| Up to 15 Years | Three options available available - see Student Loan page for details | 7.80% APR |
| Credit Builder Loans | APR* | |
| Up to 36 Months | Borrow between $500 - $5,000 to rebuild credit - see loan page for details. | 7.90% APR |
| Savings Pledge Loans | APR* | |
| Up to 48 Months | Use your savings as collateral | Dividend Rate + 3.00% |
| Up to 72 Months | Use your savings as collateral | Dividend Rate + 5.00% |
| Up to 96 Months | Use your savings as collateral | Dividend Rate + 7.00% |
| Up to 120 Months | Use your savings as collateral | Dividend Rate + 9.00% |
| Certificate Pledge Loans | APR* | |
| Maturity Date of Certificate | Use your certificate as collateral | CD 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
| VISA Platinum Rewards Credit Card | Variable APR* | |
| 0% Introductory Rate for 6 Months | after 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 Card | Variable APR* | |
| 0% Introductory Rate for 6 Months | after 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 Cards | Variable APR* | |
| Platinum Rewards Secured | No annual or balance transfer fee, lowest rates - purchase or balance transfer | 17.50% |
| Platinum Secured | No annual or balance transfer fee, lowest rates - purchase or balance transfer | 16.50% |
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 August 10, 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.