CoVantage Credit Union Offers Storm Relief Loans After Severe Storms

In response to the severe storms that caused significant damage across many of the communities it serves this past weekend, CoVantage Credit Union is offering special Storm Relief Loans to help members recover and rebuild. 

The Storm Relief Loan is a low-interest personal loan up to $25,000 in financing and flexible terms of up to 60 months at a competitive 4.99% APR (Annual Percentage Rate). To help ease the immediate financial burden during recovery, borrowers have the option to expend the first payment up to 90 days. This program will remain available through 5/31/2026. 

Funds from the Storm Relief Loan may be used to assist with tornadoes, flooding or other storm‑related expenses such as home and property repairs, restoration services, cleanup costs, replacement of damaged belongings, and other emergency needs. 

“CoVantage Credit Union is committed to supporting our members and communities during difficult times,” said Howard Heinrich, senior vice president consumer lending at CoVantage Credit Union. “These Storm Relief Loans are unsecured loans designed to provide those impacted with immediate, affordable financial assistance when it’s needed most while insurance claims and other assistance are being coordinated.” 

Members and community members can apply for a Storm Relief Loan at any CoVantage Credit Union location or online by visiting: https://www.covantagecu.org/storm-relief-loan. Contact CoVantage Credit Union at 800-398-2667 for more information.