CoVantage Credit Union

Iron River, United States

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Description

History

Established in 1953.

Through the efforts of a local group of men and women, CoVantage Credit Union (formerly Antigo Co-​op Credit Union) came into business in 1953. The credit union’s first office was in the basement of the now non-​operational Antigo Co-​op Oil Association. bulk plant and operated with just two employees. From the beginning, this was a financial institution that was member-​owned and operated, and the philosophy of doing business for «people-​not-​profit» still holds true today.

Although the credit union’s original charter was to serve only employees of the bulk oil plant for which they were founded, CoVantage Credit Union is now a community-​chartered credit union which has grown to include anyone who lives or works within a specific geographic area.