Invest with Values

The Investor's Gateway to Positive Change

The Investor's Gateway to Positive Change

  • RESOURCE DIRECTORY
    • GETTING STARTED
    • FULL DIRECTORY
    • Top Resources
    • Share a Resource
  • NEWS CENTER
    • NEWS CENTER
    • By Category
      • Local Banking
      • Community Investing
      • Impact Investing
      • Sustainable-Responsible Investing
      • Featured Articles
      • Beyond Investing
      • IWV news
      • Top Resources
    • News Partners
      • 3BLmedia
      • AllianceMagazine
      • CorporateKnights
      • GreenMoney
      • Locavesting
      • MaxImpact
      • InvestWithValues Sponsors
      • InvestWithValues Partners
    • Newsletter Sign-up
    • Newsletter Archive
  • About
    • About Us
    • Brian Kaminer
    • Learn More
    • Testimonials
    • Investments Talk! Video
    • Launch Press Release
    • News Center Press Release
  • Sponsors & Partners
    • Sponsors
    • Partners
  • Connect
    • Contact Us
    • Survey
    • IWV News
    • Share a Resource
  • Spoiler title
    Free GuideSubscribeClose
    Get a free 30 minute personalized guide to
    Invest With Values, after subscribing.
    * = required field

A New Credit Union Will Focus on Clean Energy

November 15, 2017 By Locavesting

Worried about climate change? Want to do more to support the spread of renewable energy? There’s a new credit union designed for people like you.

The Clean Energy Credit Union is a new federally chartered credit union with a mission to help speed adoption of renewal energy by making it more broadly affordable. It was founded by a group of self described “clean energy geeks and cooperative enthusiasts,” including executives from credit unions, clean energy companies and cooperatives.

When it launches later this year, the special purpose credit union will be offering savings accounts and clean energy CDs, which will be used to make low-cost loans for home solar installation, energy efficiency retrofits, electric cars and other high fuel efficiency vehicles. Every dollar deposited with the credit union will be federally insured and used solely to finance a clean energy project.

Over time, the credit union plans to add new products, including checking accounts and debit cards for credit union customers; and for borrowers, new clean energy-themed products such as loans for students enrolled in clean energy studies or for companies in the business of renewable energy.

“We envision a world where everyone can participate in the clean energy movement,” says Blake Jones, a founder of the new credit union and its board chairman. “There are lots of people looking for ways to get involved, and this will be relatively easy thing for people to do that will have a really big impact.”

Blake Jones

The Clean Energy Credit Union (CECU) is based in Boulder, CO, but will serve all 50 states. It will skip branches and operate solely online—a move that will help lower operational costs and keep loan rates down. It is open to members of the American Solar Energy Society (ASES), a nonprofit solar advocacy group that anyone is able to join, and the credit union is looking to expand its member organizations.

CECU received its federal charter from the National Credit Union Association (NCUA), a federal agency, in September and plans to launch by year-end, with an official membership drive kicking off in early 2018. It is the first federally chartered credit union in Colorado in three decades, and the second one chartered nationally this year.[…]

The post A New Credit Union Will Focus on Clean Energy appeared first on Locavesting.

Share This:

The full and original article can be viewed on Locavesting.com


home-compass-croppedVisit the Invest With Values - Resource Directory to access leading investor information, opportunities, organizations, events, groups and tools.

Filed Under: -Impact Investing, -Local Banking

About Locavesting

Locavesting - A book, a movement... now a media site! News, analysis and resources focused on the intersection of community + financial innovation. Founded by Amy Cortese.
Learn more about Locavesting and their articles.

News Search

Sponsors

Talgra RSF RSF Social Finance logo Trillium MicroVest MicroVest LOCUS LOCUS Impact Investing CFC capital for change

Events

All News by Category

Take the Survey

Why do you care about money and investing?
  • Home
  • Directory
  • News Center
  • Sponsors & Partners
  • About
  • Connect
  • Google Plus
  • Facebook
  • Twitter
  • Linkedin

Copyright © 2023 • Invest with Values • All Rights Reserved • 914-230-0741 · info(at)talgra.com
Created and Managed by Brian Kaminer of Talgra LLC

Disclaimer: The information shared through investwithvalues.com has been provided by Talgra, LLC (“Talgra”). No representation or warranty, expressed or implied is made by Talgra, the sponsors, partners or contributors as to the accuracy or completeness of the information contained herein. The website is for educational and informational purposes only and is subject to change. This does not constitute an offer or a solicitation to purchase or sell any security, and nothing herein should be construed as such. The opinions represented in this directory are those of Talgra and should be considered in conjunction with advice from a professional advisor in the context of your particular investment situation. The specific investments included in this website are examples of investments that can be made in each of the different investment categories and are not recommendations to purchase any individual security or investment vehicle.