A 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.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 26 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $583k
- Bonus
- —
- Other
- —
- Benefits
- $29k
- Base
- $316k
- Bonus
- $33k
- Other
- —
- Benefits
- $10k
- Base
- $262k
- Bonus
- —
- Other
- —
- Benefits
- $19k
- Base
- $216k
- Bonus
- $4k
- Other
- $49k
- Benefits
- $15k
- Base
- $230k
- Bonus
- $24k
- Other
- —
- Benefits
- $15k
- Base
- $210k
- Bonus
- $24k
- Other
- —
- Benefits
- $15k
- Base
- $168k
- Bonus
- $11k
- Other
- —
- Benefits
- $2k
- Base
- $165k
- Bonus
- $9k
- Other
- —
- Benefits
- $1k
- Base
- $131k
- Bonus
- $3k
- Other
- $9k
- Benefits
- $15k
- Base
- $143k
- Bonus
- $9k
- Other
- —
- Benefits
- $2k
- Base
- $136k
- Bonus
- $9k
- Other
- —
- Benefits
- $2k
- Base
- $133k
- Bonus
- $14k
- Other
- —
- Benefits
- $995
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President/ceo Above 90th percentile | $583k | — | — | $29k | $628k $694k |
COO - Part Year Above 90th percentile | $316k | $33k | — | $10k | $372k $411k |
CFO Above 90th percentile | $262k | — | — | $19k | $293k $323k |
VP of Business Lending Board Vice President 75th to 90th percentile | $216k | $4k | $49k | $15k | $283k $313k |
Regional President Key Employee 75th to 90th percentile | $230k | $24k | — | $15k | $281k $310k |
Chief Credit Officer Key Employee 75th to 90th percentile | $210k | $24k | — | $15k | $261k $288k |
VP of IT Board Vice President Median to 75th percentile | $168k | $11k | — | $2k | $188k $208k |
VP of Human Resources Board Vice President Median to 75th percentile | $165k | $9k | — | $1k | $183k $203k |
Busines Ledning Officer Highest Compensated Employee 25th percentile to median | $131k | $3k | $9k | $15k | $161k $178k |
VP of Credit Board Vice President Median to 75th percentile | $143k | $9k | — | $2k | $161k $177k |
VP of Finance Board Vice President Median to 75th percentile | $136k | $9k | — | $2k | $154k $171k |
VP of Retail Board Vice President Median to 75th percentile | $133k | $14k | — | $995 | $154k $170k |
VP of Operations Board Vice President Median to 75th percentile | — | — | — | — | $149k $164k |
Treasury Analyst Highest Compensated Employee 25th percentile to median | — | — | — | — | $141k $156k |
Chair Board Chair 25th percentile to median | — | — | — | — | $12k $13k |
Vice Chair Board Vice Chair 25th percentile to median | — | — | — | — | $11k $12k |
Secretary Officer (Unspecified) | — | — | — | — | $11k $12k |
Treasurer - Part Year Officer (Unspecified) | — | — | — | — | $11k $12k |
Director - Part Year Board Member 25th percentile to median | — | — | — | — | $9k $10k |
Director Board Member 25th percentile to median | — | — | — | — | $9k $10k |
Director - Part Year Board Member 25th percentile to median | — | — | — | — | $9k $10k |
Director Board Member 25th percentile to median | — | — | — | — | $9k $10k |
Director Board Member 25th percentile to median | — | — | — | — | $5k $6k |
Director / Erm Board Member 25th percentile to median | — | — | — | — | $5k $5k |
Treasurer Officer (Unspecified) | — | — | — | — | $2k $2k |
Director - Part Year Board Member Below 10th percentile | — | — | — | — | $750 $828 |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Common questions about VERVE CREDIT UNION
What does the Chief Executive Officer of VERVE CREDIT UNION earn?
In 2023, the Chief Executive Officer of VERVE CREDIT UNION received $628,267 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at VERVE CREDIT UNION compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at VERVE CREDIT UNION falls in the top 10%.
What are VERVE CREDIT UNION's revenue and expenses?
In 2023, VERVE CREDIT UNION reported $70.1M in total revenue and $71.5M in total expenses on its IRS Form 990.
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