CoVantage CEO Charlie Zanayed cited LincolnWay’s success in commercial development and real estate lending as a net positive for the credit union in the deal.
“By partnering with LincolnWay Community businesses, we can deliver the size and scale that is needed to survive and thrive today,” Zanayed said. “CoVantage is also a leading mortgage lender throughout the communities we serve. … We feel this is an opportune time to provide outstanding value and exceptional service to Northern Illinois.”
