Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
CoVantage CU assumes small Wis. Heights CU
ALEXANDRIA, Va. (3/7/11)--Wisconsin Heights CU, of Ogema, Wis., was liquidated by the National Credit Union Administration (NCUA), and its members, assets, and liabilities were assumed by with CoVantage CU, of Antigo, Wis. Wisconsin Heights' declining financial condition led to its closure and subsequent purchase and assumption, the NCUA said in its liquidation announcement. At the time it was closed, the small credit union had $713,000 in assets and served 501 members. It was the fourth federally insured credit union to be liquidated this year. CoVantage serves the people who live or work in the Wisconsin counties of Brown, Clark, Florence, Forest, Langlade, Lincoln, Marathon, Menominee, Oconto, Oneida, Outagamie, Portage, Shawano, Waupaca and Wood; or Dickinson and Iron counties in Michigan. It has $861 million in assets and serves over 62,000 members. CoVantage is a full-service credit union with eight branches in Wisconsin and two branches in the Upper Peninsula of Michigan. Former Wisconsin Heights members will experience no interruption of credit union service.


RSS





print
News Now LiveWire
Maine credit unions put Food Mobile on the road to relieving hunger in rural areas http://t.co/R0xpt6BAZE
23 hours ago
.@TheNCUA's Matz: PALS should be exempt from Military Lending Act proposal #NewsNow http://t.co/Vy9uNhOIEr
1 Day ago
#NewsNow Iowa loan growth 3 times national bank rate http://t.co/fUvudPLg5d
1 Day ago
.@ICBA tallies its Home Depot data breach costs: $90M, 7.5M cards http://t.co/iJgRDC2AKZ
1 Day ago
.@icul's Jury elected treasurer of @WOCCU exec committee http://t.co/HEF1UChN8f
1 Day ago