Business, Free News Articles

Velocity Credit Union Provides Employees Paid Time Off to Vote Early

AUSTIN, Texas -- Velocity Credit Union understands the importance of voting. To remind its employees that their vote is their voice and to encourage them to use it, the financial institution has announced a company-wide perk: paid time off to vote.

Velocity is providing two paid hours during Texas' early voting period, Oct. 13-30, 2020, for employees to exercise their civic duty while remaining on the clock.

In addition, the credit union will award points to employees who vote that can be redeemed for merchandise, gift cards, additional time off and other work perks via the company's internal employee recognition and rewards program.

"During these unfamiliar times, Velocity's employees, as providers of an essential service, have taken on an unusual amount of change and disruption in order to continue providing the high-quality service that our members take for granted," said Velocity president and CEO Debbie Mitchell.

"We hope to make things a little easier for our staff by enabling them to vote early and avoid the potentially long lines and large crowds many expect on election day, November 3, and to reward them for exercising that right."

The move also means that Velocity branches will remain fully staffed on that potentially hectic day.

Velocity operates six branches and multiple ITM/ATMs in the Austin area.

About Velocity Credit Union:

Velocity Credit Union is one of the largest Austin-area credit unions with branches located in Austin, Round Rock and Cedar Park. Chartered in 1947, the institution serves a five county area, with a broad and diverse community membership. The credit union employs more than 200 people, has assets of approximately $849 million and serves more than 84,000 members. To learn more about Velocity Credit Union's products and services, visit https://www.velocitycu.com/.

Related link: https://www.velocitycu.com/

This news story was published by the Neotrope® News Network - all rights reserved.

Business, Free News Articles

Velocity Credit Union gives members free access to their FICO® Scores

AUSTIN, Texas -- Velocity Credit Union credit card holders can now access their FICO(R) Scores at no charge through monthly statements and online banking. FICO(R) Scores will be refreshed on a quarterly basis and checking them will not affect credit ratings.

FICO(R) Scores are widely used by lenders in evaluating risk when making credit-related decisions. Credit cards, auto loans and insurance, and mortgage rates can be affected by credit scores. Knowledge is power, and knowing this three-digit FICO(R) Score (and the key factors affecting it) can help consumers see how lenders view them.

Free access to FICO(R) Scores is easy, since they will appear on members' monthly statements. Or, cardholders can simply log into Online Banking at https://www.velocitycu.com/ (or through our free mobile app), select "Credit Card Services" from the "Services" category of the Home Page menu, and click the "FICO(R) SCORE" banner on the right side of the screen. Selecting a card number will reveal the score.

For more information, including specific factors that impact FICO(R) Scores and their relative importance, visit https://www.velocitycu.com/FICO.

FICO is a registered trademark of Fair Isaac Corporation in the United States and other countries.

About Velocity Credit Union:

Velocity Credit Union is one of the largest Austin-area credit unions with branches located in Austin, Round Rock and Cedar Park. Chartered in 1947, the institution serves a five county area, with a broad and diverse community membership. The credit union employs more than 200 people, has assets of approximately $849 million and serves more than 84,000 members. To learn more about Velocity Credit Union's products and services, visit https://www.velocitycu.com/FICO.

Related link: https://www.velocitycu.com/

This news story was published by the Neotrope® News Network - all rights reserved.

Business, Construction and Building, Free News Articles, Product Launches

Velocity Credit Union commits to downtown Austin with construction of its new branch

AUSTIN, Texas -- Velocity Credit Union, a fixture of the Austin financial scene since 1947, has begun site preparation for its new branch office in downtown Austin. To be located on the southeast corner of 12th and Sabine Streets, the new facility is being built immediately across Sabine Street and just to the east of Velocity's current downtown location (610 E. 11th Street). The credit union's headquarters have been at this location for many years. Construction for the new branch is imminent and it is scheduled to be completed in the third quarter of 2020. Once the facility is completed, the old headquarters site will be used for new development.

"We want to assure our members that, in spite of the hardhats, demolition and construction crews they might see, our current downtown office, ATMs and drive-through teller lanes remain fully operational," said Debbie Mitchell, Velocity's president and CEO. "Velocity has operated from our east 12th Street location since 1961 and we remain committed to our downtown members and business relationships. The credit union looks forward to being a vital part of, and partner to those leading, the re-development of the Waller Creek area, the medical center and the evolving residential and entertainment community. This area has been our home for almost 60 years and Velocity Credit Union will continue to serve downtown Austin for many more years to come."

The new branch was designed by Mente Sowell Architects of Austin and will be constructed by Austin Canyon Corporation. At just over 5,000 square feet, the branch will feature a full service lobby, safe deposit box services, and four drive-thru lanes equipped with state-of-the-art Interactive Teller Machines (ITMs). The branch will employ a staff of 8-10, who can handle all member service needs including teller transactions, opening new accounts, wealth management services and loan services.

More information: https://www.velocitycu.com/

About Velocity:

Velocity Credit Union is one of the largest Austin-area credit unions with branches located in Austin, Round Rock and Cedar Park. Chartered in 1947, the institution serves a five-county area, and enjoys a broad and diverse community membership. The credit union employs more than 200 people in the area, has assets of approximately $856 million and serves more than 84,000 members. To learn more about Velocity Credit Union's products and services, visit https://www.velocitycu.com/.

*IMAGE link for media: https://www.Send2Press.com/300dpi/19-0129s2p-velocity-render-300dpi.jpg
*Caption: Velocity Downtown Branch Render.

Related link:

This news story was published by the Neotrope® News Network - all rights reserved.