Covantage Credit Union

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A short history of Covantage CU

Since its inception in 1953 the Covantage Credit Union has been serving its members in the Antigo, Wisconsin area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Charles Zanayed, the Covantage CU has grown its membership to over 96,047 with assets of more than $1,449,951,493. They have a main office and 20 branch offices. Please see the credit unions website or contact them by phone at (715) 627-4336 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Antigo, WI.

General Information For Covantage CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 66848
Address PO Box 107 
City Antigo 
State Wisconsin 
Zip-Code 54409
Phone Number (715) 627-4336
Fax Number (715) 623-3219
Email Address:
CEO/President Charles Zanayed
Members 96,047 
Full-Time Employees 325 
Part-Time Employees 21 
Number of Branch Offices 20 
Total Assets 1,449,951,493 

Compare Covantage Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
M.e. Employees CU Main Location 111 E Randolph St 54401 (715) 675-8296 No 23.40
Cloverbelt CU Westside Office 625 S 24th Ave 54402 (715) 842-1309 No 23.53
Marathon County Employees CU MARATHON COUNTY EMPLOYEES CREDIT UNION 400 E THOMAS ST 54403 (715) 261-7680 No 23.77
Brokaw CU Everest Branch 6500 Alderson St 54403 (715) 359-8958 No 24.06
Public Service CU Main-Public Service 1700 Sherman St 54402 (715) 842-9865 No 25.08

Covantage Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Covantage Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 8.63 2.94 3.94 4.38 4.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 129 137 194 190 100
Rank Among All Wisconsin Credit Unions 8 23 36 40 19

Covantage Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.15 0.55 0.67 1.10 0.90
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 108 60 40 153 172
Rank Among All Wisconsin Credit Unions 9 4 5 13 13
Covantage Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.63014,82717,672,601
All Other Unsecured Loans/Lines of Credit 11.95027,20524,822,869
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 6.5203642,403,761
New Vehicle Loans 2.9402,37847,799,007
Used Vehicle Loans 3.94019,637205,751,322
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.3807,599656,831,644
Total Other Real Estate Loans/Lines of Credit 4.0003,86663,898,782
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.9909,598111,745,518
TOTAL LOANS & LEASES 85,4741,130,925,504

Covantage Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 82554,053,55033140,994,510
    b. 15 Years or less 3,359285,507,42332248,183,413
    a. > 15 years 1,752159,682,12419824,966,490
    b. 15 Years or less 1,388142,686,043949,604,145
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 1499,329,001131,615,940
Adjustable Rate > 1 yr 1265,573,50300


Closed-End Fixed Rate 1,30934,659,80963024,225,915
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 2,55729,238,9731593,117,526
Open-End Fixed Rate 0000
TOTALS 11,465720,730,4261,747152,707,939


Interest Only & Payment Option 1st Mortgage Loans 72,392,389164,352
Interest Only & Payment Option Other RE/LOC Loans 30713,259,09328,025,052
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 2206,08200

Covantage Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending Yes
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans Yes
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes