Mission
THE MISSION OF VELOCITY CREDIT UNION IS TO PROVIDE OUR MEMBERS PERSONALIZED SERVICE AND UNIQUE VALUE AS THEIR LOCAL BANKING ALTERNATIVE.
Public Charity
VELOCITY CREDIT UNION
VELOCITY CREDIT UNION is a private foundation categorized as Public Charity based in AUSTIN, TX. Its most recent IRS filing (2025) reports revenue of $64.0M, expenses of $63.0M, total assets of $1.1B. Imperigo tracks 2 reported grants from this foundation totaling approximately $15K.
EIN: 741200165
AUSTIN, TX
Latest filing: 2025
Total Revenue$64.0M
Total Expenses$63.0M
Total Assets$1.1B
Grants Given2
Grant Total$15K
Filing Years2021–2025
Sample Grants Given
GENERAL OPERATING SUPPORT
$5,170
COMMUNITY RELATIONS AND HOUSING FOR THE HOMELESS
$10,000
Showing up to 5 of 2 total records — full history available with membership.
Officers & Directors
SR VP OF MARKETING
Alan Nykiel
COO
Austin Ahlrich
SR VP OF HUMAN RESOURCES
Cheri Hall
CFO
Chris Clark
CIO
Daniel Penberg
PRESIDENT/CEO
Deborah Mitchell
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $64.0M | $63.0M | $1.1B |
| 2024 | $61.7M | $59.3M | $1.0B |
| 2023 | $55.3M | $53.9M | $1.0B |
| 2022 | $46.3M | $40.8M | $1.0B |
| 2021 | $65.3M | $41.0M | $1.1B |
Between 2021 and 2025, reported annual revenue declined from $65.3M to $64.0M (-2%), with total assets most recently reported at $1.1B.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in TX.
TX
Full geographic grant map with state-by-state breakdown available with membership.