Summer 2022 E-Newsletter

Clean Energy Credit Union impact and rates

Clean Energy Credit Union recently released an update highlighting its accelerating mission and several key improvements to member accounts. The latest news focuses heavily on the direct Clean Energy Credit Union impact and rates across its product lines, announcing that the institution has surpassed 7,800 clean energy loans and has increased interest rates across many deposit products, including checking, savings, and CDs. Additionally, the credit union introduced a new Carbon Offset Calculator to help members quantify their environmental impact and announced a debit card design contest for the upcoming launch of its “teen savings and checking accounts.”

 

Read the full Newsletter here.

Table of Contents

  1. Calculating Your Money’s Carbon Offset
  2. Increased Rates for Deposit Accounts
  3. Celebrating our 7,800th Clean Energy Loan
  4. Clean Energy Scorecard
  5. Teen Debit Card Design Contest
  6. Fraud Alert: Avoid Payment Confirmation Scams
  7. New Statement Portal
  8. Member Showcase
  9. Frequently Asked Questions

 

We’re thrilled to share our latest update, highlighting the accelerating mission of Clean Energy Credit Union and several key improvements we’ve made to member accounts. This news focuses heavily on our direct impact and enhanced rates across our product lines, demonstrating significant growth in both environmental and financial value.

We’re celebrating a major milestone: we’ve exceeded 7,800 clean energy loans to date!

This rapid growth in our lending capacity since our launch in early 2018 documents the tangible progress we are making in funding the clean energy movement and protecting the environment.

To help you quantify the difference your savings can make, we’ve introduced a new Carbon Offset Calculator.

You can now immediately see the positive environmental impact your deposited dollars have compared to money sitting in a traditional bank. Our call to action is clear: transfer your funds today and rest easy knowing your money is actively funding the clean energy movement.

In addition to demonstrating our environmental progress, we’ve also announced significant financial improvements for our members. As of August 1st, 2022, we have increased interest rates across many of our deposit products, including checking accounts, savings accounts, CDs, Money Market, and IRAs. We are dedicated to offering more competitive returns while staying true to our green mission.

Looking toward the future, we are expanding our demographic reach with the upcoming launch of “teen savings and checking accounts.” To mark the occasion, we’ve initiated a debit card design contest for teens aged 13-18. The winning design will be featured on our new Carbon Zero Teen Checking debit card, promoting clean energy values to the next generation of members.

Finally, in a separate but crucial update, we are issuing a Fraud Alert to warn our members about a new wave of scams involving mobile payment apps. We advise you to be wary of suspicious texts or emails asking for payment confirmation. Please remember that we will never ask you for login credentials or personal information over the phone, reinforcing our commitment to your security. We also want to confirm a successful transition to a new, secure eStatement portal for online banking documents.