The local branch of CoVantage is located at 1200 Badger Ave. in Stevens Point. The comany will begin construction on a second branch in Plover later this year. (Metro Wire photo)

CoVantage donates $100K to local COVID-19 relief efforts

May 3, 2020

Metro Wire Staff

The CoVantage Credit Union Board of Directors has authorized donations totaling $100,000 in support of area nonprofit organizations that are located throughout several communities served by the financial cooperative.

Funds were specifically targeted to support local charities that have been working with those experiencing financial challenges as a result of the COVID-19 pandemic, such as area food pantries, homeless shelters, and community foundations.

The following organizations have received donations:

United Way of Langlade County
Weekend Backpack Program-Antigo
Antigo Area Community Food Pantry
Community Foundation of Northcentral Wisconsin
United Way of Portage County
New Cap-Crandon
Wasmogishek Food Pantry-Crandon
Rhinelander Food Pantry
SAM 25 Shelter- Shawano
Shawano Area Food Pantry and Resource Center
Christine Ann Domestic Abuse Services-Neenah
St. Joseph Food Program-Menasha
COTS transitional shelter-Appleton
Salvation Army Fox Cities
Howard/Suamico Giving Tree
Paul’s Food Pantry-Green Bay area
St. Vincent De Paul-Menominee, MI & Marinette, WI
St. Vincent DePaul Food Pantry-Crystal Falls, MI
St. Vincent DePaul Food Pantry-Iron River, MI

“The credit union recognizes that these are difficult times for our communities, and our directors wanted to provide these donations as a way of living our mission by helping those on the front-lines who are serving our friends and neighbors who are struggling,” said Charlie Zanayed, CoVantage CEO. “While there has been an increase in demand for services and supplies because of COVID-19, it is our hope that these donations to non-profit organizations will have a positive impact for those with the greatest needs.”

CoVantage Credit Union has a long history of supporting the communities it serves, Zanayed added, by providing financial support to organizations that serve those experiencing significant financial challenges.

“We are grateful to our members for their loyalty which allows us to continue to do well by doing good,” he added.

CoVantage Credit Union, headquartered in Antigo, Wisconsin, has over $2 billion in assets and serves over 120,000 members across all of their locations. Founded in 1953, the member-owned financial cooperative serves members living or working in 26 counties in Wisconsin and three counties in the U.P. of Michigan.