How can I best support Clean Energy Credit Union?
First, please consider joining the Credit Union and making a deposit via a checking account, savings account, money market account, CD, and/or IRA. Your money will only be used to provide clean energy loans to other members, and we need all of the deposits we can get in order to continue meeting our ever-growing loan demand. Your deposits will be federally insured (up to $250k per person or organization), promote clean energy, and protect the environment. You’ll also be able to easily transfer funds between your accounts in Clean Energy Credit Union and your other financial institution via a free ACH transfer on your computer or mobile device. Learn more about ACH transfers. Join Clean Energy Credit Union.
Second, please consider applying for a loan for a clean energy product or service. Learn more about our loan products.
Lastly, please consider making a tax-deductible donation to support the Credit Union’s growth via our 501(c)(3) fiscal sponsor, the American Solar Energy Society (ASES). Learn more about ASES. While Clean Energy Credit Union is a self-sustaining 501(c)(1) organization, with the help of donations, our credit union will expand its operations, positive impact, and clean energy lending faster than otherwise. Since credit unions can’t have stockholders, we therefore can’t raise money in that way. So, credit unions can only fund themselves with either donations or retained earnings (i.e. profit). Furthermore, due to federal regulations, credit unions must maintain a certain amount of capital reserves at all times. The end result of this regulation is that for every $1 in donations our credit unions receive, it allows us to accept $14 of federally insured member deposits and then lend out the combined $15 for clean energy loans. Your donation would therefore be leveraged by 14-to-1 to help us fulfill our mission, and your donation essentially becomes part of a revolving loan fund whereby we can reuse it to make clean energy loans again and again in perpetuity. Make a donation.