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Thank you for the trust you place in us - your trust is why CoVantage is consistently rated among the healthiest and best performing credit unions in the nation. As we, along with others, take necessary precautions to reduce the transmission of COVID-19, we want you to know that the health and safety of our member-owners, along with our employees and those in the communities we serve is our top priority. Further, thanks to our financial strength, our robust digital banking offerings, and the planning our staff have done to prepare for situations such as this, we are well prepared to serve you during these uncertain times. As we go about serving you with reduced services, please keep in mind the services we have in place to help you manage your account from anywhere: n CoVantage’s Contact Center is open to 7 am to 7 pm Monday-Friday and Saturday 8:30 am to noon to serve you over the phone with account questions and other requests by calling 800-398-2667 or your local branch. n MyCoVantage is available to transfer money, deposit checks, apply for loans, open an account, and more. n CoVantage ATMs are available at all of our locations and in addition a network of over 30,000 ATMs that are part of the nationwide CO-OP Networks is available for making surcharge-free ATM withdrawals. If you, a family member, or a neighbor need assistance, please reach out to us. CoVantage has a long history of supporting the communities we serve and we certainly will do all we can to assist you. COVID-19 and Our Commitment to You What can you do in Less than FIVE MINUTES? n Borrow Money quickly and easily! Apply for: o Auto Loans o Boat Loans o Motorcycle/ATV/UTV Loans o RV Loans o Rewards Credit Card o Personal Loans o Kwik Cash Log into MyCoVantage, and go to More> Borrow. Just review the prefilled information in the digital application, enter the requested amount, enter the purpose of the loan, and submit! A loan decision is returned in one business day. n Open deposit accounts instantly! To your existing account, add: o Checking Account o Additional savings accounts o Term Share Certificates Log into MyCoVantage, and go to More> Add Account. Just select which type of account you want to open, transfer the initial deposit from another account, and the new account is opened immediately! My Online Banking & Mobile App www.covantagecu.org MoneyClips April 2020 For Members of CoVantage Credit Union
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MoneyClips April 2020 For Members of CoVantage Credit Union · 2020. 3. 26. · n Borrow Money quickly and easily! Apply for: o Auto Loans o Boat Loans o ... n Open deposit accounts

Oct 15, 2020

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Page 1: MoneyClips April 2020 For Members of CoVantage Credit Union · 2020. 3. 26. · n Borrow Money quickly and easily! Apply for: o Auto Loans o Boat Loans o ... n Open deposit accounts

Thank you for the trust you place in us - your trust is why CoVantage is consistently rated among the healthiest and best performing credit unions in the nation. As we, along with others, take necessary precautions to reduce the transmission of COVID-19, we want you to know that the health and safety of our member-owners, along with our employees and those in the communities we serve is our top priority. Further, thanks to our financial strength, our robust digital banking offerings, and the planning our staff have done to prepare for situations such as this, we are well prepared to serve you during these uncertain times.

As we go about serving you with reduced services, please keep in mind the services we have in place to help you manage your account from anywhere:n CoVantage’s Contact Center is open

to 7 am to 7 pm Monday-Friday and Saturday 8:30 am to noon to serve you over the phone with account questions and other requests by calling 800-398-2667 or your local branch. n MyCoVantage is available to transfer

money, deposit checks, apply for loans, open an account, and more. n CoVantage ATMs are available

at all of our locations and in addition a network of over 30,000 ATMs that are part of the nationwide CO-OP Networks is available for making surcharge-free ATM withdrawals.

If you, a family member, or a neighbor need assistance, please reach out to us. CoVantage has a long history of supporting the communities we serve and we certainly will do all we can to assist you.

COVID-19 and Our Commitment to You

What can you do in Less than FIVE MINUTES?n Borrow Money quickly and easily!Apply for:o Auto Loanso Boat Loanso Motorcycle/ATV/UTV Loanso RV Loanso Rewards Credit Cardo Personal Loanso Kwik Cash

Log into MyCoVantage, and go to More> Borrow. Just review the prefilled information in the digital application, enter the requested amount, enter the purpose of the loan, and submit! A loan decision is returned in one business day.

n Open deposit accounts instantly!To your existing account, add:o Checking Accounto Additional savings accountso Term Share Certificates

Log into MyCoVantage, and go to More> Add Account. Just select which type of account you want to open, transfer the initial deposit from another account, and the new account is opened immediately!

MyOnline Banking & Mobile App

www.covantagecu.org

MoneyClipsApril 2020

For Members of CoVantage Credit Union

Page 2: MoneyClips April 2020 For Members of CoVantage Credit Union · 2020. 3. 26. · n Borrow Money quickly and easily! Apply for: o Auto Loans o Boat Loans o ... n Open deposit accounts

*APR is for a 24 month term car loan, up to 75% financing, for those with credit scores of 722 and above. Estimated payment per $1000 is $42.76. Rates/APRs effective 3/1/2020. Only eligible borrowers who meet CoVantage Credit Union credit requirements may qualify. Other rates and terms available.

TO APPLY: Speak with a Member Specialist, visit www.covantagecu.org, or ask for

CoVantage financing at your dealership.

Providing outstanding value

through great deposit rates!

Part of our mission is to provide market-leading deposit rates on the savings

products we offer to our member-owners, including the rate on our regular savings account. See a comparison of our rate vs. those at other financial institutions:

CoVantage Credit Union .40% APY*Nicolet Bank .10% APYBMO Harris .05% APYAssociated Bank .03% APYChase Bank .01% APYUS Bank .01% APYAverage Savings Rate .04% APYexcluding CoVantage’s rate

*Annual percentage yield (APY) for CoVantage effective 4/1/2020 on balances of $10.00 or more. Note: Other rates listed were obtained from the 3/11/2020 Ratewatch report as prepared by an independent survey company (rates of other institutions may change without notice).

Thank you members, for continuing to rely on CoVantage Credit Union

to meet your financial needs. Your loyal support helps your credit union be one of the best in the nation for providing outstanding value to you and keeping your credit union financially strong.

We are proud to announce, according to a leading industry research firm, CoVantage Credit Union has been ranked #1 out of 5,349 credit unions in the nation for providing value to members by keeping costs lower than other financial institutions, and then returning the value back to you! In fact, we’ve been ranked in the top 1% of credit unions for the past 13 years!

In addition, CoVantage is ranked in

the Top 200 Healthiest Credit Unions by DepositAccounts.com for financial strength and organizational growth.

What does this mean for you?

Every day, you:

n Save money on loans through exceptionally low rates.

n Earn more money on deposits.n Pay either no, or very low fees.n Benefit from free checking and free

debit card usage.n Have the opportunity to receive

patronage.n Enjoy the convenience of MyCoVantage

through advancements in technology.

best best

The

of the

in the top 1% of Credit Unions

*Callahan & Associates, an independent credit union research company, ranked CoVantage as #1 among all 5,174 credit unions in the United States for “Total Return of the Member” (ROM). The ROM calculation considers the three core credit union functions of lending, savings, and product usage. The ranking system is an index calculation that takes into account a credit union’s performance in each category. Depositaccounts.com ranked CoVantage as #62. The calculation is based on members served, amount of equity, capital, deposit growth, and asset size.