Financial services are expanding in Southwest Austin with the opening of Velocity Credit Union.

The big picture: The team provides personal and business financing services from savings to loans.

Offerings include:

• Car loans

• Personal loans

• Rewards checking

• Individual Retirement Accounts, or IRAs

One more thing: The Southwest Austin branch also includes two Interactive Teller Machine lanes with 24/7 ATM access.

• 3419 Davis Lane, Austin

Hello Sweetie, a gift and candy shop, is coming to Barton Creek Mall this summer, according to a representative from Barton Creek Mall.

The overview: Hello Sweetie offers candy, toys, Asian snacks, mystery box items and popular gifts such as Needoh and Jellycats, according to the company’s Instagram.

The details: Hello Sweetie has two other locations in malls near San Diego and Chicago.

• 2901 S. Capital of Texas Hwy., Austin

Check out some of the most-read stories from the Austin area July 20-23. 

1. New bridge over Onion Creek opens in Buda, increasing city access

2. Liberty Hill approves $1.5M for preliminary planning of downtown project

3. Sunbird Ranch neighborhood to offer land-lease model for homebuyers 55-plus in Georgetown

4. New Braunfels to conduct full analysis of police headquarters due to structural issues

5. iScream Gelato coming to east Round Rock

6. Lost dogs and e-bikes: 5 stories to know in Bastrop-Cedar Creek

As more data centers are being built in Texas, the state’s water planning agency warns that limited information is available about the booming industry and its impact on water supplies.

The overview: The Texas Water Development Board adopted its initial 2027 State Water Plan on July 23, with a “more robust” version of the plan expected later this year. The plan consists of 3,000 water management projects and 6,700 strategies that experts say are needed to prepare for future severe droughts.

It will cost about $174 billion to complete the projects, according to the TWDB. However, if they are not implemented, a severe drought could cost the state $91 billion in economic damages as soon as 2030 and lead to $177 billion in annual losses by 2080.

The context: These projections do not account for the amount of water that data centers—which largely purchase their water from public systems—may use or how the large facilities could contribute to overall water availability. Right now, the board said it did not have enough information to do so.