# VELOCITY
Austin, TX · NCUA charter 68359 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/velocity-68359

Who the members are: state charter, organized 1947, low-income designated. 71,906 members of 2,550,637 potential (2.8% of the field); checking penetration 50% (share draft accounts per 100 members); loans per 100 members 51.

**Verdict on the desk:** this could be *stressed*. Composite score 6 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $1.08B |
| Members | 71,906 (-6.2% YoY) |
| Full-time staff | 197 |
| Net worth | $151.9M |
| Net worth ratio | 14.1% (p90 of band) |
| ROA (annualized) | 0.06% (p6 of band) |
| Total delinquency | 0.66% (p54 of band) |
| Net charge-offs (annualized) | 1.98% (p99 of band) |
| Loans / shares | 62% (p9 of band) |
| Cash / assets | 13.1% |
| Borrowings / assets | 4.64% |
| Net interest margin | 3.53% (p63 of band) |
| Operating expense / assets | 4.41% (p94 of band) |
| Vehicles % of loans | 60% (p96 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 90% |
| Third-party paper % of net worth | 226% (p71 of band) |
| Vehicle delinquency | 0.72% (p61 of band) |
| Vehicle NCO | 2.89% (p95 of band) |
| Repossessed % of vehicle book | 0.40% (p94 of band) |
| Real estate % of loans | 26% |
| Credit cards % of loans | 6% |
| Unsecured % of loans | 12% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 55% |
| Certificates % of member funds | 18% |
| Average share balance | $7,104 |
| Participations bought / yr | $27.7M |
| Participations sold / yr | $0 |
| Participations outstanding | $40.1M |
| Loans outstanding per 100 members | 51% |
| Loans granted per 100 members, annualized | 16% |
| Average loan balance | $14,787 |
| Loans granted, annualized | $198.3M |

## Participation posture (from the same filings)

Bought $27.7M and sold $0 in the latest annualized quarter; $40.1M outstanding purchased (26.4% of net worth), $0 sold and retained. Sold in 0 and bought in 1 of the last 8 quarters. Shares 3.1% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **expense trap** (`earn_opex`)
- **charge-offs p90** (`aq_nco_high`)
- **members leaving** (`shrink_members`)
- **3rd-party paper>100% NW** (`str_thirdparty`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | 3rd-party paper>100% NW, auto monoline |  |
| 2016-06 | 3 | loans>95% of shares |  |
| 2016-09 | 4 | leaning on borrowings |  |
| 2016-12 | 6 | delinquency 2x band, charge-offs p90 |  |
| 2017-03 | 8 | losing money, delinquency rising |  |
| 2017-06 | 7 | net worth falling | delinquency 2x band, delinquency rising |
| 2017-09 | 7 |  |  |
| 2017-12 | 5 |  | loans>95% of shares, net worth falling |
| 2018-03 | 3 |  | leaning on borrowings, losing money |
| 2018-06 | 3 |  |  |
| 2018-09 | 3 |  |  |
| 2018-12 | 3 |  |  |
| 2019-03 | 3 |  |  |
| 2019-06 | 3 |  |  |
| 2019-09 | 3 |  |  |
| 2019-12 | 3 |  |  |
| 2020-03 | 4 | net worth falling |  |
| 2020-06 | 6 | losing money, margin squeeze |  |
| 2020-09 | 6 | repo signal | net worth falling |
| 2020-12 | 4 |  | losing money, repo signal |
| 2021-03 | 5 | expense trap |  |
| 2021-06 | 4 |  | margin squeeze |
| 2021-09 | 6 | net worth falling, margin squeeze |  |
| 2021-12 | 5 | delinquency 2x band | net worth falling, margin squeeze |
| 2022-03 | 3 |  | expense trap, delinquency 2x band |
| 2022-06 | 3 |  |  |
| 2022-09 | 3 |  |  |
| 2022-12 | 5 | expense trap, delinquency 2x band |  |
| 2023-03 | 6 | delinquency rising, assets shrinking | charge-offs p90 |
| 2023-06 | 6 | charge-offs p90, members leaving | expense trap, delinquency 2x band |
| 2023-09 | 4 |  | delinquency rising, members leaving |
| 2023-12 | 4 | expense trap | assets shrinking |
| 2024-03 | 4 |  |  |
| 2024-06 | 7 | delinquency 2x band, delinquency rising, members leaving |  |
| 2024-09 | 7 |  |  |
| 2024-12 | 6 | repo signal | delinquency 2x band, delinquency rising |
| 2025-03 | 5 |  | repo signal |
| 2025-06 | 5 |  |  |
| 2025-09 | 7 | repo signal, loan book shrinking |  |
| 2025-12 | 7 | net worth falling | loan book shrinking |
| 2026-03 | 6 |  | repo signal |

## In the news (Google News, unfiltered, newest first; check the city)

- 2025-08-07 [Velocity Credit Union Breaks Ground on New Southwest Austin Branch - Send2Press](https://news.google.com/rss/articles/CBMioAFBVV95cUxPY3I3ZkMxVlBvVkRQY1pyZWpUZGFhSE9GelQ1ZG0zdmc2TUtWNnlITmxBUDJ5dUEyc1ktbFp5UWdpcEp6cTBkS1lad0tUY2ZNX2JaU1c4UDVMdXpmV3ptQjNZRW5BdHJWbkFKRi1sX2NmVkY0bFVtVlNfVjlJei1uX2FlNXNsUllBQjFYZTZDRkJKQ08zenFadVpxdG05N2RQ?oc=5) · Send2Press
- 2020-01-31 [Austin real estate deals: Another global consulting firm opens downtown office, Velocity Credit Union plans new branch - The Business Journals](https://news.google.com/rss/articles/CBMiqgFBVV95cUxOQ2ljZjFXV1BvVGw4b254dW5oXzBoVkhQYk9uM1BXRHZhTkU2VURYTGZhUXdibGQzQmNteG9zN3JNclQ3aDhGX3JHVVZTR25zLWFUVWxYbzFYLU10UHVSUWs1WEVJMU9zNFlmbEowSHlGVTBmcW9QQlNUUFR5SURhdEI3OTQwMnA5UG1qRU1PZDBCeldOTmFBcWp6RWYzSHh0aGNZcmN5MWhFZw?oc=5) · The Business Journals
- 2023-08-04 [Larry Strong Obituary (2008) - Austin, TX - Austin American-Statesman - legacy.com](https://news.google.com/rss/articles/CBMijgFBVV95cUxNeW85Y0tnRkROTEVtQ0tnanJnZkFuVUJ1VHI1SEZsT1Q0M2ZSOXlHY2VSYWY5bWRJeFJCSnpHYl9zcmhaV1JETUNYeWRCdURRZUlaeVRGSXl1NUxOaXVHc2ZtUHJUREk3NXJWSVFnWl81UGZqOTFlUEE0LXgyOTB0Wl90YlhKZndpRmVWUWZB?oc=5) · legacy.com
- 2021-06-29 [The country's largest apartment operator is bringing 388 new units to this 'truly unique' downtown Austin site - Austin American-Statesman](https://news.google.com/rss/articles/CBMi4gFBVV95cUxPeTA5dGN6UnpVTWFUVUdPc1BpYXhGMV9tbkNvY194U2haSjZmRm9oQ0RiV3B6VWQxQXh6VHltd01OSDU0dWtIcjNMcXk4eXljTHV3UHhFRzFoZ2g4Y1U3aEx0Z3ctRDJscF9hc1dxbWdyUjZVSTJFMUxRY1pLSXk5MUFldGExMnExeHZka1F1ODhlWWlEa1pfWkYxV2tYQUFWQlhrOUcyV0pBajRJV1hFZmF6RWdpNE1INnNrTng2NU93X1VJbzUtQlhDMVFralBBREExbHFKeTZ0S0I0YU1ERWVB?oc=5) · Austin American-Statesman
- 2019-04-12 [Robert Wilder Obituary - Austin, TX - Dignity Memorial](https://news.google.com/rss/articles/CBMif0FVX3lxTE9JOEtRLVVUUWdCYmhWOHFhVDZtSnBXSllLeEpPdk4zeXpVamxmUmdQTFp1Y05wanVKbUlESnF2YXlpcFNncU5IanhxM09Ga2R2dktsS05icHJ3dmtvZjZsaThHNmV6T1kybVVHU0JoUlNWa2d3VkxkUVRBSUQySUE?oc=5) · Dignity Memorial
- 2025-06-11 [18 business updates to know in Southwest Austin - Community Impact](https://news.google.com/rss/articles/CBMiuwFBVV95cUxObkhiRDB2al9wdVJLc1gtcWx0REtISnJtdWdaUXJDV0hCSmNnemIzcnd2WlNzRXVBRVpRLWp3ZTgwd1lIeXJGZ3lxb29FSGpvQzBhN0Q2aDF2c0U4Q2ZURWFuWVJJbzRlYzl2UnJ1TUlldjRGdTdYT2RaVG9hT01tSmp5d2ZxMFVKMXJEQVFsMmJabXk0ZlVNRV9LS2l0VzN4cmxKbERSMEhadkRZNVluNndSS0hMY0lrSi13?oc=5) · Community Impact
- 2019-05-03 [Palo Verde at Steiner Ranch - Archinect](https://news.google.com/rss/articles/CBMifEFVX3lxTFBTVE5HVnNXcy1Nc1dlM2dtR290b05zVWJLcktPbEYyRVB3MDhoUE5fNlpvMDFkSjdjMWpLdUNET1EyanRPOW1hR2lCOUlocTdSR21JUXJJY21PeEU2SWk3QUZVRTBOeURJLVdOZlRyLTRabVR6Y2xnWDNHR08?oc=5) · Archinect
- 2019-11-11 [Austin: 31-Story Mixed Use Building Proposed for Symphony Square Block - Virtual Builders Exchange](https://news.google.com/rss/articles/CBMiuAFBVV95cUxQemNVWmItNmNmak5mNlA1REJmVGlKTmhRSFVhNVhobjhKYUNyajFQVEl4WldCUXFpMFBsVnlYM3llUnp3QU1hd29DaDMwSzZMbVRJbnFyWTBxWTlSLUJkbzdOVDQ0SEtIQkM1dWExcTRvNEwzVlRfZWNqUG1UZ0Z2d3ZKX1YzelFqOVBqSGNFZEozWk1ySmlFbDFTVk5Eam82T050bkM2M1lieFV1cUVHakhtY09XZnpJ?oc=5) · Virtual Builders Exchange

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68359 (every cell opens its formula and NCUA account codes; the News tab is the same search)
- Latest row, JSON: https://getbookiq.com/cu-intel/data/summary.json · history: https://getbookiq.com/cu-intel/data/h/7.json (key "68359", columns cycle, assets, loans, shares, networth, nwr, roa, total_dq_pct, total_nco_pct, vehicle, veh_pct_loans, indirect, ind_pct_veh, ind_veh, ind_re, ind_comm, ind_other, ind_pct_loans, loans_n, granted_n_ytd, granted_ann, loan_pen, granted_pen, avg_loan_bal, loans_per_fte, veh_part, tp_pct_nw, veh_dq_pct, veh_nco_pct, repo_pct_veh, members_yoy, ltos, cash_pct, borrow_pct, nim_pct, opex_pct, risk_score, members, fte, cash_total, invest_sec, allowance_eff, int_income_ytd, int_exp_ytd, provision_eff_ytd, nonint_income_ytd, nonint_exp_ytd, net_income_ytd, n_flags, re_pct_loans, cc_pct_loans, comm_pct_loans, cert_pct_shares, core_pct_shares, part_buy_ann, part_sell_ann, pot_members, sh_draft_n, chk_pen, fom_pen, flags)
- Participation history: https://getbookiq.com/participation-desk/#cu=68359
- Field definitions: https://getbookiq.com/dictionary/#cu-ltos and the rest of the credit union dictionary
- Source: NCUA 5300 call report bulk files. Income fields are annualized by cycle month (Mar x4, Jun x2, Sep x4/3, Dec x1). Percentiles are within the asset band in the same quarter.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide