International Credit Union Day

On Thursday, October 17, CoVantage Credit Union will join credit unions worldwide in celebrating International Credit Union Day® (ICU Day). This annual event highlights the significant role that financial cooperatives play in enhancing the communities they serve and improving the lives of their members. To mark this special occasion, CoVantage will offer refreshments at all branch locations. Both members and non-members are invited to visit any CoVantage branch and join in the celebration.

Credit unions are unique financial institutions because they are not-for-profit, member-owned cooperatives. By pooling their members’ assets, credit unions provide low-cost loans and other financial services that prioritize the best interests of their members. Founded on the principle of “people helping people,” credit unions have embodied this philosophy for over a century, offering affordable financial products and striving to meet the needs of underserved communities.

The trust and loyalty of CoVantage members have been instrumental in earning the credit union numerous accolades. According to a leading industry research firm, Callahan & Associates, CoVantage is #2 out of 4,955 credit unions in the nation this year for providing value to members in the form of great rates and no fees, called Total Return of the Member ranking. In fact, CoVantage has been ranked in the top 1% each year since 2006! CoVantage was also ranked among the top 5 best in-state credit unions in Wisconsin according to Forbes. This recognition was based on a Forbes survey of 26,000 people in the U.S. about their banking relationships, with scoring based on overall recommendations and satisfaction, as well as five additional categories - trust, terms and conditions, branch services, digital services, and financial advice.

Charlie Zanayed, President/CEO of CoVantage Credit Union, expressed his gratitude, stating, “We’re humbled and honored to serve you, our member-owners, and appreciate your loyalty and ongoing support. CoVantage continues to live its mission of “welcoming all regardless of wealth, providing outstanding value and exceptional service, working with members experiencing financial challenge, and remain financially strong.”

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