news and events 
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News and Events

​CoVantage believes in supporting our communities. We are involved in many events across our charter. Check out the events happening in your area.

  • CoVantage Credit Union Offers Unique Commercial Rehabilitation Financing


    ​CoVantage Credit Union was recently awarded a $750,000 grant from the U.S. Treasury's Community Development Financial Institution (CDFI) Fund. CDFI grants help mission-driven financial institutions like CoVantage support economically disadvantaged communities. The purpose of the CDFI grant awarded to CoVantage is to allow the credit union to finance commercial real estate loans focused on the rehabilitation of blighted and/or vacant properties. The goal is to both strengthen individual businesses and improve deteriorating conditions of local downtown areas. 

  • CentralAlliance Credit Union to merge with CoVantage Credit Union


    ​On July 31 members of CentralAlliance Credit Union voted overwhelmingly in favor of the decision to merge with CoVantage Credit Union. The merger had already been approved by regulators. With the recent positive vote by CentralAlliance members, which was the final approval needed to move forward, the two financial cooperatives are planning the merger to be effective January 1, 2019.