VERVE, A CREDIT UNION
Charter #66777 | WI
1B-3B
(304 CUs)
Mid-Market
($1B-$5B)
(380 CUs)
4 1B-3B in WI
VERVE, A CREDIT UNION has 8 strengths but faces 4 concerns
Key Strengths
Areas where this CU excels compared to peers
- + Relationship Depth Leader: Top 21.2% in tier
- + Emerging Performer: Top 27.4% in tier
- + Organic Growth Engine: Top 30.4% in tier
- + Organic Growth Leader: Top 32.1% in tier
- + Wallet Share Momentum: Top 36.1% in tier
- + Indirect Auto Concentration (%): Top 0.0% in tier
- + Loan-to-Member Ratio (LMR): Top 8.2% in tier
- + Average Member Relationship (AMR): Top 9.2% in tier
Key Concerns
Areas that may need attention
- - Efficiency Drag: Bottom 13.1% in tier
- - ROA 0.37% below tier average
- - Efficiency ratio 9.67% above tier (higher cost structure)
- - Members Per Employee (MPE): Bottom 2.6% in tier
Core Metrics
As of 2025-Q3
| Metric | Current | vs Tier | Tier Avg | State Avg (WI) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Members |
62,598
+1.0% YoY+0.5% QoQ
|
-36.1K |
98,678
-1.9% YoY
|
38,719
+8.7% YoY
|
33,089
+6.1% YoY
|
Bottom 16.8% in tier |
| Assets |
$1.6B
+1.1% YoY-0.9% QoQ
|
$-132.6M |
$1.7B
+0.5% YoY
|
$717.4M
+12.8% YoY
|
$547.7M
+7.8% YoY
|
53rd in tier |
| Loans |
$1.1B
+0.6% YoY-0.2% QoQ
|
$-83.8M |
$1.2B
+0.5% YoY
|
$555.6M
+13.3% YoY
|
$388.7M
+8.6% YoY
|
54th in tier |
| Deposits |
$1.3B
+2.6% YoY-1.3% QoQ
|
$-121.6M |
$1.5B
+1.3% YoY
|
$603.1M
+13.2% YoY
|
$464.6M
+9.3% YoY
|
52nd in tier |
| ROA |
0.3%
+1663.2% YoY+20.7% QoQ
|
-0.4% |
0.7%
+13.4% YoY
|
0.7%
-20.1% YoY
|
0.7%
+273.4% YoY
|
Bottom 18.1% in tier |
| NIM |
2.8%
+16.8% YoY+3.7% QoQ
|
-0.5% |
3.3%
+9.3% YoY
|
3.5%
-0.2% YoY
|
3.7%
+5.0% YoY
|
Bottom 18.4% in tier |
| Efficiency Ratio |
83.6%
-7.8% YoY-2.5% QoQ
|
+9.7% |
74.0%
-10.9% YoY
|
74.2%
-2.5% YoY
|
79.1%
-3.3% YoY
|
Top 11.8% in tier |
| Delinquency Rate |
0.4%
-7.2% YoY-19.1% QoQ
|
-0.5 |
0.8%
+6.1% YoY
|
1.0%
+20.8% YoY
|
1.2%
-0.9% YoY
|
Bottom 19.1% in tier |
| Loan To Share |
86.2%
-1.9% YoY+1.1% QoQ
|
+1.0% |
85.2%
-0.8% YoY
|
80.3%
+0.1% YoY
|
68.0%
-1.7% YoY
|
45th in tier |
| AMR |
$39,649
+0.6% YoY-1.3% QoQ
|
+$10K |
$29,172
+2.8% YoY
|
$22,950
+4.4% YoY
|
$19,418
+1.3% YoY
|
Top 9.5% in tier |
| CD Concentration |
23.6%
-17.8% YoY-7.1% QoQ
|
-5.4% |
29.0%
+0.8% YoY
|
21.1%
+6.2% YoY
|
19.6%
+6.2% YoY
|
25th in tier |
| Indirect Auto % |
0.0%
-100.0% YoY
|
-18.8% |
18.8%
-2.8% YoY
|
8.1%
-7.1% YoY
|
7.9%
-2.9% YoY
|
Bottom 0.0% in tier |
Signature Analysis
Strengths (5)
Relationship Depth Leader
growth
#154 of 264 • Top 21.2% in tier
Average member relationship growing year-over-year. Increasing engagement suggests members are consolidating more business here.
Why This Signature
AMR Growth (YoY):
0.62%
(Tier:
3.04%, National:
4.19%)
Share Draft per Member:
$5.1K
(Tier: $3.1K, National: $2.0K)
264 of 380 Mid-Market CUs have this signature
| 1330 nationally
↑ Growing
+60 CUs YoY
|
Rank worsening
Emerging Performer
growth
#146 of 184 • Top 27.4% in tier
Profitable credit union with positive returns. May represent growth potential worth exploring.
Why This Signature
Return on Assets:
0.34%
(Tier:
0.71%, National:
0.71%)
Member Growth (YoY):
1.04%
(Tier:
3.18%, National:
9.37%)
184 of 380 Mid-Market CUs have this signature
| 852 nationally
↑ Growing
+18 CUs YoY
|
Rank improving
Organic Growth Engine
growth
#221 of 246 • Top 30.4% in tier
Growing membership while maintaining profitability. Healthy fundamentals in place.
Why This Signature
Member Growth (YoY):
1.04%
(Tier:
3.18%, National:
9.37%)
Return on Assets:
0.34%
(Tier:
0.71%, National:
0.71%)
Indirect Auto %:
0.00%
(Tier:
18.80%, National:
7.90%)
246 of 380 Mid-Market CUs have this signature
| 917 nationally
↑ Growing
+14 CUs YoY
|
New qualifier
Organic Growth Leader
growth
#127 of 138 • Top 32.1% in tier
Attracting members without relying on indirect channels. Healthy, sustainable growth model.
Why This Signature
Member Growth (YoY):
1.04%
(Tier:
3.18%, National:
9.37%)
138 of 380 Mid-Market CUs have this signature
| 608 nationally
↑ Growing
+11 CUs YoY
|
New qualifier
Wallet Share Momentum
growth
#262 of 264 • Top 36.1% in tier
Average member relationship growing year-over-year. Members are deepening their engagement.
Why This Signature
AMR Growth (YoY):
0.62%
(Tier:
3.04%, National:
4.19%)
264 of 380 Mid-Market CUs have this signature
| 1330 nationally
↑ Growing
+60 CUs YoY
|
Rank worsening
Concerns (1)
Efficiency Drag
risk
#44 of 96 • Bottom 13.1% in tier
High efficiency ratio (>80%) indicates elevated operating costs relative to revenue. Margin improvement opportunities may exist.
Why This Signature
Efficiency Ratio:
83.65%
(Tier:
73.45%, National:
79.10%)
ROA Change (YoY):
0.32% points
(Tier:
0.07% points, National:
0.05% points)
Member Growth (YoY):
1.04%
(Tier:
3.18%, National:
9.37%)
96 of 380 Mid-Market CUs have this signature
| 624 nationally
↓ Shrinking
-32 CUs YoY
|
Rank worsening
Metric Rankings
See how this credit union ranks across all tracked metrics compared to peers.
Strengths: Metrics in the top 25% (75th percentile or higher) | Concerns: Metrics in the bottom 25% (25th percentile or lower)
Top Strengths (5 metrics)
1
Indirect Auto Concentration (%)
balance_sheet
Value:
0.00%
Peer Avg: 18.32%
#1 of 304
Top 0.0% in 1B-3B tier
26
Loan-to-Member Ratio (LMR)
engagement
Value:
$18,359
Peer Avg: $13,213
#26 of 304
Top 8.2% in 1B-3B tier
29
Average Member Relationship (AMR)
engagement
Value:
$39,649
Peer Avg: $29,172
#29 of 304
Top 9.2% in 1B-3B tier
59
Total Delinquency Rate (60+ days)
risk
Value:
0.37%
Peer Avg: 0.83%
#59 of 304
Top 19.1% in 1B-3B tier
68
Net Charge-Off Rate
risk
Value:
0.30%
Peer Avg: 0.60%
#68 of 304
Top 22.0% in 1B-3B tier
Top Weaknesses (6 metrics)
297
Members Per Employee (MPE)
engagement
Value:
226.804
Peer Avg: 364.953
#297 of 304
Bottom 2.6% in 1B-3B tier
269
Efficiency Ratio
profitability
Value:
83.65%
Peer Avg: 73.97%
#269 of 304
Bottom 11.8% in 1B-3B tier
253
Total Members
engagement
Value:
62,598
Peer Avg: 98,678
#253 of 304
Bottom 17.1% in 1B-3B tier
249
Return on Assets (ROA)
profitability
Value:
0.34%
Peer Avg: 0.70%
#249 of 304
Bottom 18.4% in 1B-3B tier
248
Net Interest Margin (NIM)
profitability
Value:
2.76%
Peer Avg: 3.26%
#248 of 304
Bottom 18.8% in 1B-3B tier
246
Net Worth Ratio
risk
Value:
9.42%
Peer Avg: 11.44%
#246 of 304
Bottom 19.4% in 1B-3B tier