Clean Energy Credit Union

About Clean Energy Credit Union:

Clean Energy Credit Union is a unique, innovative, federally chartered credit union (aka not-for-profit, financial services cooperative) that is online/digital-only – i.e. it does not have any brick-and-mortar branches – and that focuses exclusively on providing loans for clean energy and energy saving projects such as residential solar electric systems, electric vehicles, electric bicycles, residential geothermal systems, and other green home improvements. Clean Energy Credit Union was started by a group of “clean energy geeks” who are passionate about clean energy and the environment. It is based in Colorado, but it serves members who live throughout the entire USA.

Clean Energy Credit Union’s vision is a world where everyone can participate in the clean energy movement, and our credit union helps make this vision a reality by: (1) making it easier for everyone to afford clean energy and energy-saving products and services by offering clean energy loans with amazing terms; and (2) making it easier for everyone to invest in the clean energy movement by offering federally insured checking accounts, savings accounts, and clean energy CDs whereby the deposits are solely used to help others pursue their clean energy and energy-saving projects.

Partnership Overview:

As a part of our partnership with Clean Energy Credit Union, Members of ISEA, as well as members of their immediate family and household, are eligible to join the credit union. To join, you simply need to open an account via their online membership application at www.cleanenergycu.org/join. A $5 minimum deposit is required when opening your account. Membership to the credit union then provides you access to checking accounts, debit cards, money market accounts, and CDs – where your deposits would solely be used to finance clean energy projects – as well as access to clean energy loans that are designed to have the best loan terms in the country. Please consider joining Clean Energy Credit Union and helping to grow the clean energy movement!

Become a member of ISEA here!

Credit Union Membership Eligibility Requirements:

In case it helps, here’s some background about credit union membership eligibility requirements; although credit unions provide similar services as banks, they are different from banks in many ways. For example, a credit union is a not-for-profit, financial services cooperative that exists solely to serve its members and to fulfill its mission, whereas a bank exists to maximize financial returns for its stockholders.

Another difference is that a bank can serve the general public whereas a credit union can only serve its “field of membership,” which is defined by regulators as the people and entities that are legally eligible to join the credit union. Ultimately, a credit union’s field of membership is comprised of one or more groups of people and entities that all have something in common that binds them together in some way. Many credit unions have a field of membership that includes people who work for a certain employer, or who live in a certain geographic area, or who are members of the same professional association or religious organization. Clean Energy Credit Union’s field of membership consists of mission-aligned organizations like ISEA that are partners in working to grow the clean energy movement.