Rewards Checking Benefits Designed For You:* Earn Rewards & Build Savings – Earn rewards every time you swipe, with automatic roundups that grow your savings. “Rewards Checking takes the everyday checking account to the next level,” said Mitchell. About Velocity Credit Union:Velocity Credit Union has served Central Texans for over 75 years with a mission to provide exceptional financial products, personal service, and support for the communities it serves. Velocity Credit Union is federally insured by the National Credit Union Administration. NEWS SOURCE: Velocity Credit Union.