AUSTIN, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)VELOCITY CREDIT UNION, founded in 1947, is a mid-sized nonprofit that reported $64.0M in total revenue in fiscal year 2025. Net assets of $142.2M represent 27 months of operating reserves.
THE MISSION OF VELOCITY CREDIT UNION IS TO PROVIDE OUR MEMBERS PERSONALIZED SERVICE AND UNIQUE VALUE AS THEIR LOCAL BANKING ALTERNATIVE.
VELOCITY CREDIT UNION PROVIDES LOANS TO MEMBERS AT LOWER INTEREST RATES, ACCEPTS DEPOSITS, AND PAYS HIGHER DIVIDEND RATES.2025: 1) 35,860 LOANS TO MEMBERS AND MEMBER BUSINESSES FOR A TOTAL OF $539MM...
VELOCITY CREDIT UNION PROVIDES LOANS TO MEMBERS AT LOWER INTEREST RATES, ACCEPTS DEPOSITS, AND PAYS HIGHER DIVIDEND RATES.2025: 1) 35,860 LOANS TO MEMBERS AND MEMBER BUSINESSES FOR A TOTAL OF $539MM 2) ORIGINATED 7,278 LOANS IN 2025 WITH A BALANCE OF $173MM, AND 3) SERVICED 71,624 MEMBERS WITH DEPOSITS OF $863MM.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $63,950,131 | $61,722,513 | +0.0% |
| Expenses | $63,004,133 | $59,293,381 | +0.1% |
| Net Income | $945,998 | $2,429,132 | -0.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DEBORAH MITCHELL | PRESIDENT/CEO | 40.00 |
Officer
|
$1,076,272 | $24,254 | $1,100,526 |
| JAMES BROWN | EVP/CLO | 40.00 |
Officer
|
$407,554 | $41,510 | $449,064 |
| AUSTIN AHLRICH | COO | 40.00 |
Highest
|
$294,034 | $29,099 | $323,133 |
| DANIEL PENBERG | CIO | 40.00 |
Officer
|
$286,593 | $34,667 | $321,260 |
| CHERI HALL | SR VP OF HUMAN RESOURCES | 40.00 |
Highest
|
$248,992 | $36,806 | $285,798 |
| ROBERT COLE | CHIEF EXPERIENCE OFFICER | 40.00 |
Officer
|
$262,514 | $20,236 | $282,750 |
| CHRIS CLARK | CFO | 40.00 |
Officer
|
$260,669 | $21,302 | $281,971 |
| KIM SCHAEFER | SR VP, MEMBER SERVICES (LEFT 9/2025) | 40.00 |
Highest
|
$256,183 | $12,118 | $268,301 |
| ALAN NYKIEL | SR VP OF MARKETING | 40.00 |
Highest
|
$235,003 | $16,838 | $251,841 |
| LINDSEY RECORD | VP MORTGAGE LENDING | 40.00 |
Highest
|
$213,655 | $13,304 | $226,959 |
| KASHA BARTHOLOMEW | CHAIRPERSON | 2.00 |
Officer
Director
|
$14,000 | $0 | $14,000 |
| ERIC WISE | 1ST VICE CHAIR | 2.00 |
Officer
Director
|
$14,000 | $0 | $14,000 |
| THOMAS MATTHEWS | 2ND VICE CHAIR | 2.00 |
Officer
Director
|
$14,000 | $0 | $14,000 |
| LINDSEY J PUTMAN | SECRETARY/TREASURER | 2.00 |
Officer
Director
|
$14,000 | $0 | $14,000 |
| JOHN CHOMOUT | DIRECTOR | 2.00 |
Director
|
$14,000 | $0 | $14,000 |
| MARY PAREDES | DIRECTOR | 2.00 |
Director
|
$14,000 | $0 | $14,000 |
| DOUG SKOLAUT | DIRECTOR | 2.00 |
Director
|
$14,000 | $0 | $14,000 |
| MIKE SUMMERS | DIRECTOR (AS OF 12/2025) | 2.00 |
Director
|
$1,000 | $0 | $1,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $63,950,131 | $63,004,133 | $1,067,403,243 | $945,998 |
| 2024 | $61,722,513 | $59,293,381 | $1,028,360,466 | $2,429,132 |
| 2023 | $55,312,889 | $53,854,155 | $1,039,075,424 | $1,458,734 |
| 2022 | $46,253,683 | $40,766,636 | $1,044,010,333 | $5,487,047 |
| 2021 | $65,298,866 | $40,972,813 | $1,067,927,517 | $24,326,053 |
| 2020 | $46,378,003 | $45,943,455 | $968,954,481 | $434,548 |
| 2019 | $51,540,286 | $43,292,054 | $849,082,564 | $8,248,232 |
| 2018 | $52,797,062 | $42,103,163 | $839,665,435 | $10,693,899 |
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