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NCUA Charters Clean Energy Federal Credit Union

September 2017
NCUA Charters Clean Energy Federal Credit Union

New Credit Union Will Provide Affordable Financial Services to Support Members’ Clean Energy Needs

ALEXANDRIA, Va. (Sept. 18, 2017) – The National Credit Union Administration has granted a federal charter and Share Insurance Fund coverage to Clean Energy Federal Credit Union in Boulder, Colorado.

Clean Energy will serve the 4,300 members of the American Solar Energy Society. The new credit union’s primary mission will be meeting the financing needs of Society members. Using regular share and share certificate accounts, Clean Energy plans to provide consumer financing for the purchase and installation of solar panels and high-efficiency home energy improvements as well as the purchase of electric and hybrid vehicles.

Once the credit union’s operations can support additional services, Clean Energy plans to offer:

  • Share drafts,
  • ATM access,
  • Individual Retirement Accounts,
  • Home equity loans, and
  • Mortgage loans for homes that are net-zero-energy, Energy-Star-certified, or have a low home energy use rating.

Founded in 1954, the American Solar Energy Society is a non-profit organization of renewable energy professionals, advocates, and enthusiasts. As the U.S. section of the International Solar Energy Society, the organization works with individuals and groups to accelerate the transition to a 100-percent renewable energy and sustainable living society.

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