VERVE, A CREDIT UNION Credit Union Profile

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VERVE, A CREDIT UNION

Charter #66777 | NCUA Region 3 | FISCU

Low-Income Designation: Yes

Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (920) 236-7040

Fax: (920) 236-7985

Founding Date: N/A

Website: https://www.Verveacu.com

Personnel & Operations

President: Bornemann, Kevin

Manager: Ralofsky, Kevin

FT Employees: 263

PT Employees: 17

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 20

Hours: Drive up 7-5 Lobby 9-5

Credit Union Profile Summary

VERVE, A CREDIT UNION is a FISCU Credit Union. With a total of 62,302 members ^[1], this institution manages approximately $1,601,916,316 in total assets ^[1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 9.22% ^[1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -0.46% ^[1].

Financial Snapshot

Total Assets ^[1]

$1,601,916,316

Total economic resources.

Total Loans ^[1]

$1,151,678,247

Total value of outstanding loans.

Total Deposits ^[1]

$1,350,648,964

Total funds deposited by members.

Members ^[1]

62,302

Number of active members.

Performance Ratios

Net Worth Ratio ^[1]

9.22%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) ^[1]

0.28%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio ^[1]

85.27%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) ^[1]

↑ 3.90%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) ^[1]

↓ -0.46%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) ^[1]

↑ 0.43%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

2900 Universal St

Oshkosh, WI, 54904

Open in Google Maps

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

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Branch Locations

Found 19 branches reported by VERVE, A CREDIT UNION (Charter #66777).

Main Office

Universal Main Office

Type: Corporate Office

2900 Universal St

Oshkosh, WI 54904

Phone: (920) 236-7040

Services: Member Services, ATM, Drive-Thru

VERVE, A CREDIT UNION Credit Union Profile