Credit union
Verve, A Credit Union
Oshkosh, Wisconsin, Winnebago County, WI
$1.6B in total assets and 63,472 members, the 314th largest of 4,298 US credit unions and 13th of 98 headquartered in Wisconsin.
- NCUA charter
- 66777
- Charter
- State chartered (WI)
- Chartered
- 1938
- NCUA insured since
- 1986
- Low-income designation
- Yes
- Website
- https://www.Verveacu.com
At a glance
Compared with 14 federally insured credit unions in Wisconsin with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This credit union | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $1.6B | 14% | $4.1B | |
| Loans | $1.2B | 14% | $3.1B | |
| Deposits (shares) | $1.4B | 14% | $3.4B | |
| Members | 63,472 | 7% | 176,388 | |
| Return on assets | 0.51% | 7% | 1.22% | |
| Net interest income to assets | 3.11% | 29% | 3.48% | |
| Efficiency ratio | 77.3% | 93% | 65.1% | |
| Net worth ratio | 9.84% | 21% | 11.55% | |
| Loans to shares | 85% | 29% | 98% | |
| Cost of deposits | 1.60% | 21% | 2.14% |
Ratios are annualized from year-to-date figures. Return on assets uses average assets, as NCUA does. Cost of deposits includes dividends on shares.
Growth
Total assets grew 7.5% a year over 10 years and 0.8% a year over the last 5, including 1 merger in the last 10 years. Membership fell 0.6% a year over 5 years, to 63,472.
Dashed lines mark larger mergers, listed below.
Mergers and acquisitions
| Closed | Absorbed | Assets at last filing |
|---|---|---|
| Jan 2020 | South Central Bank, National Association Bank, Chicago, IL | $279M |
| Jan 2016 | Two Rivers Community Credit Union Credit union, Two Rivers, WI | $6M |
| Sep 2015 | Community Credit Union Credit union, La Crosse, WI | $121M |
| May 2014 | Lakeview Credit Union Credit union, Neenah, WI | $110M |
| May 2014 | Best Advantage Credit Union Credit union, Brillion, WI | $71M |
Where they operate
20 branches in 5 counties.
2 of 20 branch locations are approximate (ZIP code centers).
Largest counties by branches
| County | Branches | Share of all branches | Rank |
|---|---|---|---|
| Winnebago County, WI | 6 | 9.2% | 2 of 30 |
| Cook County, IL | 5 | 0.4% | 33 of 171 |
| La Crosse County, WI | 4 | 6.3% | 4 of 27 |
| Calumet County, WI | 3 | 13.6% | 2 of 14 |
| Fond Du Lac County, WI | 2 | 4.8% | 6 of 20 |
Credit unions do not report deposits by branch, so these are branch counts: this credit union's branches against every bank and credit union branch in the county. Rank is among all banks and credit unions with a branch there.
Branches by year
| Year end | Branches | Change |
|---|---|---|
| 2016 | 15 | |
| 2017 | 15 | 0 |
| 2018 | 15 | 0 |
| 2019 | 15 | 0 |
| 2020 | 20 | +5 |
| 2021 | 20 | 0 |
| 2022 | 19 | −1 |
| 2023 | 19 | 0 |
| 2024 | 20 | +1 |
| 2025 | 20 | 0 |
| Jun 2026 | 20 | 0 |
Member-serving offices as listed in NCUA call reports. Changes include branches gained in mergers.
Earnings and credit
Return on assets
Year to date, annualized, with the peer median.
Credit and capital
| This credit union | Peer median | |
|---|---|---|
| Delinquent loans, 60+ days | 0.38% | 0.65% |
| Net worth ratio | 9.84% | 11.55% |
| Loans to shares | 85% | 98% |
Delinquent loans are two or more months past due. Net worth is NCUA's capital measure for credit unions.
Related
Credit unions of similar size in Wisconsin
Most branches in Winnebago County, WI
Figures as of June 30, 2026 from the credit union's NCUA call report (Form 5300), NCUA's credit union locator and FFIEC merger records.