Covantage
Covantage is a credit union based in Antigo, Wisconsin, established in 1953, with $4.2 billion in total assets serving 184,471 members. By Trust Grade it ranks 71st of 99 credit unions we track in Wisconsin. Its net worth ratio of 9.5% trails most similarly sized credit unions (21th percentile), versus a Wisconsin median of 12%. It was profitable over the most recent period, with a 1.18% return on assets. No consumer complaints against Covantage appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Covantage compares to Wisconsin peers
How we graded Covantage
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (9.5% capital ratio)
- Strongly profitable (ROA 1.18%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Covantage over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Covantage insured?
Yes. Covantage is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Covantage: frequently asked questions
Is Covantage a good credit union?
Covantage earns a Bankzia Trust Grade of B (89/100, "Strong"), based on a financial-strength score of 89/100 (it has no CFPB complaints on record). Well-capitalized (9.5% capital ratio); Strongly profitable (ROA 1.18%).
Is Covantage NCUA-insured?
Yes. Covantage is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Covantage?
Covantage holds $4.2 billion in total assets, ranking 71st of 99 credit unions we track in Wisconsin. It serves 184,471 members.
Does Covantage have CFPB complaints?
No CFPB complaints against Covantage appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
