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Velocity Credit Union

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Velocity Credit Union Reviews

3.6

72% would recommend to a friend

(31 total reviews)
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Debbie Mitchell

89% approve of CEO

60% positive business outlook

Velocity Credit Union has an employee rating of 3.6 out of 5 stars, based on 31 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Velocity Credit Union employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

31 reviews
5.0
18 May 2017

Great Company, Culture, Benefits and People!

Recommend
CEO approval
Business outlook

Pros

I worked at Velocity Credit Union for over 16 years and really enjoyed my time there. I can honestly say that I grew up there! The people and close friendships you develop are the what I enjoyed the most. Velocity still remains my financial institution of choice even after moving on to another organization. Their products, culture, benefits and the people are what makes Velocity such a tight knit community. Their banking products I believe in and use! There are not many institutions that offer so many services for FREE. They also offer a rewards debit card that is awesome and unheard of. Employees get the perks of having these amazing products, too. The culture is welcoming. New employees are given a few weeks of new hire orientation which is also unheard of in some organizations. Executive management and middle management are friendly and supportive. I was never afraid of providing my opinion even when I knew it may not be liked by others. Velocity values change and new ideas and always allowed me to express my thoughts when I wanted/needed to. Benefits - Wow is all I can say. I sure do miss the benefits. When they say they don't get better anywhere else, listen! Their paid time off accruals are amazing and really allow for a good work life balance. Their medical insurance, dental and vision plans are stellar and above the rest. Did I mention their 401(k) plan yet?! Again, amazing! I could go on and on about their benefits alone. Work for the State of Texas? Doesn't matter! Velocity can match and beat it! Pension plan - YES! My experience at Velocity was top notch. Had they had a position for me to grow into, I would have absolutely retired from there. Velocity does not keep employees that are not willing to put in the work and effort unlike other companies with poor morale. They truly have top tier customer service in the market and have high expectations.

Cons

The only con I would say is that I was not able to stay to grow in my career at Velocity as they did not have a higher position for me. However, I give them credit as I cannot count how many promotions into other positions I had during my time there. I can't believe the other reviews where people mention there is no room for growth. I was part of that growth and grew many employees into better positions that are still there. I am saddened to read some negative reviews on Velocity, but perhaps these are employees that are non-performing and not tenured. Growth comes with exemplary performance and over time. It does not happen overnight.

3.0
21 Oct 2021

The favoritism

Recommend
CEO approval
Business outlook

Pros

Good benefits, met great people both coworkers and members.

Cons

They decide who they want for the job even before its available. They pick favorites. Saw it happen so many times. Not very big on diversity either… at least not at the top of the chain.

3.0
22 June 2018

Branch Assocoate

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Good health plans, PTO, and benefits overall. Your team becomes your family. Friendly staff overall. My supervisor is extremely flexible and easy going. He/She have an open door and always welcomes good or bad feedback.

Cons

Pay isn’t all that good. Most settle and think “ehh it pays the bills. If we can’t get competitive pay then at least treat your team to “taco thurdays”, “friday happy hour”, or “massage monday”, etc. We’ll take anything but we need an appreciation.

Viewing 1 - 3 of 31 Reviews

Glassdoor has 34 Velocity Credit Union reviews submitted anonymously by Velocity Credit Union employees. Read employee reviews and ratings on Glassdoor to decide if Velocity Credit Union is right for you.