Funder DirectoryCOVANTAGE CREDIT UNION
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Grantmaking public charityEIN 390945701

COVANTAGE CREDIT UNION

ANTIGO, WI 544090107

Total Assets

$3.7B

FY 2024

Annual Giving

$465K

FY 2024

Grants Made

11

FY 2024

Avg Grant

$42K

FY 2024

Grant Range

Typical

Deadlines

Applications

Programs & Activities

Program 1

Covantage continues to offer cost-friendly products to our members. We not only do this through our competitive rates, but also by going above and beyond to help those in need. We continue to offer cost-friendly options to payday lenders such as kwik cash overdraft protection loans with no service charge or transfer fee, courtesy pay checking account services also without hefty fees. Covantage welcomes all regardless of wealth and made almost 10,000 loans of $5,000 or less. These small dollar loans are not about profit, but about serving our communities. Covantage offers free credit score tracking to help our members build and monitor credit. For those looking for home ownership, covantage also offered its covantage creates homes mortgage program to help those that might need assistance with a down payment or needed home repairs.

Program 2

Covantage also strives to support financial literacy, including providing greenpath credit counseling as a free service to our members to assist with budgeting, understanding credit reports, money management, and debt repayment. This free service saves members $25-$50 per month that is commonly charged by other credit counseling agencies. In addition, covantage offers community education events and promotes financial literacy to students through reality fairs.

Financial Snapshot

2024 filing

Total Revenue

$234.4M

Total Expenses

$210.1M

Giving Over Time

4 years

Giving over time from 2020 to 2024. Peak $499K in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

49 grants

Grant Size Distribution

49 grants

<$10K
30
grants
$10–50K
14
grants
$50–250K
4
grants
$250K–1M
1
grants
$1–5M
$5M+

Geographic Focus

3 states

Wisconsin
$1.6M
99% of total
Michigan
$15K
1% of total
District of Columbia
$8K
0% of total

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COVANTAGE CREDIT UNION — Grants, Financials & Contact | Grantivo