Maximizing Your CoVantage Membership: Services, Perks, and Smart Strategies

  • January 7, 2026
  • CoVantage Credit Union
Maximizing Your CoVantage Membership: Services, Perks, and Smart Strategies
Joining CoVantage Credit Union isn’t just about opening an account—it’s about becoming part of a member-owned cooperative that prioritizes your financial well-being. Whether you’re new to CoVantage or a long-time member, here’s how to make the most of your membership.

Why CoVantage? A Member-First Approach
CoVantage operates on a simple mission: welcome all regardless of wealth, provide outstanding value and exceptional service, and remain financially strong. This philosophy translates into tangible benefits for members:
  • Market-leading deposit rates and competitive loan rates.
  • No monthly service charges and no overdraft or NSF fees on checking accounts.
  • Patronage Rewards Program, which returned over $7.5 million to members in 2025 alone, continuing a 45-year tradition of rewarding member-owners.

Core Services That Make a Difference
CoVantage offers a full suite of financial solutions designed to simplify your life and help you reach your goals:
  • Flexible Auto Loans & Mortgage Options – Including first-time homebuyer programs and streamlined approvals.
  • Robust Digital Banking – MyCoVantage provides mobile check deposit, bill pay, transfers, and enhanced card management tools.
  • Business and Commercial Services – Members who own businesses can access tailored financial products such as loans, deposit accounts, and Visa Business Rewards Cards that offer flexibility and rewards to support growth.
  • Retirement & Investment Planning – Expert guidance through CoVantage Retirement & Investment Services.

Exclusive Member Benefits
Beyond everyday banking, CoVantage members enjoy perks that set this credit union apart:
  • No Overdraft Fees Unlike many banks, CoVantage does not charge overdraft fees on checking accounts, helping members avoid unnecessary costs.
  • Mission-Driven Service and Community Impact – CoVantage supports members with financial education and fraud protection, invests in local communities and charitable causes, and consistently achieves a Net Promoter Score of 85–87, well above industry benchmarks for member satisfaction.
  • Extended Service Hours – Drive-up service starting at 7:30 a.m. and Saturday lobby hours at most locations.

Digital Advantage: Go Paperless
Enrolling in paperless statements via MyCoVantage isn’t just eco-friendly—it’s smart. You’ll get:
  • Immediate access to past and current statements.
  • Secure, convenient document delivery.
  • Cost savings for the credit union, which helps keep fees low for everyone.

Tips to Maximize Your Membership
Here are practical strategies inspired by industry best practices and CoVantage’s offerings:
  1. Leverage Member-Exclusive Rates
    Always check CoVantage before applying for loans elsewhere—small rate differences can save you hundreds over time.
  2. Use All Account Options
    Add sub-accounts under your primary member number for specific savings goals and automate transfers to stay on track.
  3. Tap Into Free Services
    Many services—like online bill pay and notary—are free for members. Ask your branch for a “What’s Free” rundown.
  4. Engage with Financial Education
    CoVantage offers tools and resources to help you budget, build credit, and plan for the future.
  5. Stay Connected
    Follow CoVantage on social media and check the website for community events, scholarships, and special promotions.

Ready to Take the Next Step?
If you’re not yet a member, eligibility is broad—covering residents of many Wisconsin, Michigan, and Illinois counties, plus family members of current members. A $10 deposit in a Savings Account or $10 donation to the CoVantage Cares Foundation secures your ownership share.