CoVantage gives $240K in holiday campaign

The board of directors for CoVantage Cares Foundation announced that checks totaling nearly $240,000 are being presented to local nonprofits that serve communities where CoVantage Credit Union has branches. The funds came from donations by credit union members, staff and community members who responded to the foundation’s matching funds Giving 2sday campaign.

Giving Tuesday, which follows Black Friday, is nationally recognized as a day for charitable giving, and the foundation chose this day to kick off its two-week fundraiser. Credit union staff were asked to select community nonprofits that would benefit from the contributions, including an increased matching gift of $100,000 from the CoVantage Cares Foundation. In total, the drive collected $239,653 in donations.

“We are so thankful to our 100,000 member-owners who support CoVantage Credit Union and their local community,” said Charlie Zanayed, CoVantage CEO and foundation board member. “We are very grateful to our members, employees and community members for their generosity and could not be more thrilled to be able to give a financial boost to these nine deserving charities.”

The recipient charities include Shawano Area Matthew 25 Homeless Shelter, Shawano; United Way of Langlade County, Antigo; Elcho Food Pantry; Big Brothers Big Sisters of Northcentral Wisconsin, Wausau; Boys and Girls Club of Portage County, Stevens Point; Northwoods United Way, Rhinelander; Iron County Cancer Unit, Iron River, Michigan; Friends of Camp Batawagama, Crystal Falls, Michigan; and Greater Marinette-Menominee YMCA, Menominee, Michigan.

For more information about CoVantage Cares Foundation, or to obtain a grant application, visit