Verve, a Credit Union in Illinois vs the state
15.3%Denial rate-1.83 pts vs state
22.4%Decision denial rate+0.73 pts vs state
51.8%Origination rate-6.98 pts vs state
6.50%Median rate-0.25 pts vs state
-0.47Rate spread (pts)-0.85 pts vs state
$170kMedian applicant income
44Loans originated
13Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 36 | 20 | 30.6% | 7.95% | #503 |
| 2024 | 36 | 17 | 22.2% | 7.05% | #497 |
| 2025 | 85 | 44 | 15.3% | 6.50% | #371 |
What Verve, a Credit Union lends in Illinois
By loan purpose
By loan type
Why it denied Illinois applicants
Where in Illinois
Counties with the most Verve, a Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cook County | 75 | 41 | 12 | 16.0% |
| Lake County | 6 | 0 | 0 | 0.0% |
| Winnebago County | 1 | 1 | 0 | 0.0% |
| DuPage County | 1 | 1 | 0 | 0.0% |
| Coles County | 1 | 1 | 0 | 0.0% |
| Kane County | 1 | 0 | 1 | 100.0% |
Other large lenders in Illinois
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Guaranteed Rate | B | 17,479 | 4.9% | 6.63% |
| Rocket Mortgage | C | 16,971 | 19.7% | 6.75% |
| United Shore Financial Services | B | 15,644 | 13.0% | 6.50% |
| JPMorgan Chase Bank | B | 13,574 | 9.7% | 6.49% |
| U.S. Bank | D | 10,076 | 38.3% | 7.00% |
| Crosscountry Mortgage | B | 8,779 | 4.5% | 6.75% |
| Fifth Third Bank | D | 8,628 | 32.1% | 7.50% |
| The Huntington National Bank | D | 8,226 | 31.9% | 6.99% |
| BMO Bank | F | 8,007 | 32.7% | 8.33% |
| Loandepot.Com | D | 7,019 | 17.7% | 6.88% |
Frequently asked questions
Illinois: 85 applications in 2025, of which 44 were originated and 13 denied.
15.3% of all applications, or 22.4% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.
The median rate on loans Verve, a Credit Union originated in Illinois in 2025 was 6.50%, against a statewide median of 6.75%.
About this data. Figures are Verve, a Credit Union's own HMDA filing for properties located in Illinois, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology