Verve Credit Union

Unknown organization based in Oshkosh, WI. 299 employees.

MissionA NONPROFIT MEMBER-OWNED THRIFT INSTITUTION ORGANIZED TO PROVIDE FINANCIAL SERVICES TO INDIVIDUALS. OPERATIONS ARE PRIMARILY RELATED TO HOLDING DEPOSIT FOR AND MAKING LOANS TO MEMBERS.

EIN
39-0711674
State
WI
Sector
Unknown
Budget band
$50M+
Latest filing
TY 2024
Records
12 officers · 6 years

Financial snapshot · TY 2024

$81.4M
Total revenue
$80.6M
Total expenses
$1.5B
Net assets

Financial health · TY 2024

42
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
86
15.5 months of expenses
Program efficiency
0
Program expenses as % of total
Revenue diversity
39
Mix of program fees, grants & contributions

Leadership compensation

Kevin Ralofsky
PRESIDENT/CEO
$727,992
Chris Butler
REGIONAL PRESIDENT - PART YEAR
$374,936
$358,391
John Hill
VP OF BUSINESS LENDING
$282,808
Kenneth Buksnes
CHIEF CREDIT OFFICER
$277,971

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Verve Credit Union Executive Compensation | 990 Data | DoubleNine