Matt Kaudy
CoVantage Credit Union has officially named Matt Kaudy as its new president/CEO, completing a two-year leadership succession plan at the $4 billion Wisconsin-based financial cooperative.
Kaudy assumed the role June 11, succeeding Charlie Zanayed, who retired after serving as president/CEO for 13 years. The transition follows a nationwide search conducted by CoVantage's board of directors to identify the credit union's next leader.
"Matt's experience, values, and leadership approach position CoVantage well for the future," Board Chair Mike Windberg said in a statement. "The Board conducted a comprehensive nationwide search to identify a leader who aligns with CoVantage's mission and values."
Kaudy becomes only the fourth CEO in CoVantage's 73-year history. He brings more than two decades of credit union experience spanning operations, payments, digital banking, marketing, branch management and community engagement. Most recently, he served as executive vice president and chief growth officer at Fort Worth, Texas-based EECU Credit Union.
"I'm honored to step into the role of President and CEO at CoVantage," Kaudy said. "The welcome I've received from employees, members, and community partners has been incredibly meaningful."
Founded in 1953 and headquartered in Antigo, Wis., CoVantage has grown to more than $4 billion in assets and serves approximately 183,000 members nationwide, with branches across Wisconsin, Michigan and Illinois. The credit union's field of membership allows it to serve members in all 50 states.
Kaudy said he plans to build on the credit union's cooperative mission while continuing its focus on financial well-being and community engagement.
"It's a privilege to build on CoVantage's strong foundation," he said. "I'm excited to listen, learn, and work alongside this dedicated team to continue welcoming all, strengthening our communities, and helping members achieve financial well-being."
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