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While many individuals and businesses are interested in utilizing clean energy, it is still a major investment, and often out of reach. As well, because clean energy is still new to the market, traditional lending systems have not begun financing these projects at large.

The Clean Energy Credit Union was founded to be the nation’s first to change this, by offering clean energy investment opportunities with interest rates comparable to a traditional bank. They officially began taking savings account deposits and making clean energy loans on June 12, 2018.

clean energy credit union

While many individuals and businesses are interested in utilizing clean energy, it is still a major investment, and often out of reach. As well, because clean energy is still new to the market, traditional lending systems have not begun financing these projects at large.

In addition to savings accounts, the credit union will soon be offering clean energy CDs, and loans for clean energy vehicles, solar electric systems, and green home improvements. By 2019 the offerings will be expanded to include checking accounts, debit and credit cards, and even green home mortgages.

Why did they choose to open a credit union instead of a bank?

As told in their story, cleaning up the environment is a cooperative effort, which is the same behavior that drives a credit union. With honorable goals including reducing pollution, improving public health, creating jobs and building community wealth, this is a company Arch Electric Solar can stand behind.

Where do the lower interest rates come from?

The credit union is an online-only financial institution which results in many savings that can be passed to members in the form of lower interest rates. As well, every investment opportunity is federally insured (ie. low-risk), available to non-accredited investors, and an individual can invest as little as $5 if desired. This opens the doors for anyone to participate in using and investing in clean energy.

“Clean Energy Credit Union helps make it easy for everyone to participate in the clean energy movement.” said volunteer board chair Blake Jones.

solar panel array

Becoming a Member

As a member, you can reduce your cost of living while decreasing your environmental footprint. To become a member of the Clean Energy Credit Union, you must either be a member of the American Solar Energy Society (ASES), or have a direct family or household member who has joined.

Special Limited Time Offer Ends June 30, 2018

If you’re not already a member of ASES, your first-year membership fee will be covered when you join Clean Energy Credit Union before June 30, 2018.  During the sign-up process, check the box that indicates you’re already an ASES member, and they will handle the rest!

Listen to a podcast interview with the founders

What is ASES?

ASES is a non-profit established in 1954, that shares information, events, and resources related to sustainable energy, with the goal of achieving 100% renewable energy usage and increasingly sustainable living.

100kW Vertical Mount Installing @ Milwaukee Public Museum