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Clean Energy Credit Union Annual Meeting 2024

Financial Growth, Climate Impact, and Our Future Roadmap

Financial Growth, Climate Impact, and Our Future Roadmap

The 2024 Clean Energy Credit Union Annual Meeting presentation offers a detailed look at a year of record growth and profound impact as we accelerate the clean energy movement. In 2023, we continued to realize our vision of making clean energy accessible to all.
Review the full report to see how your trust and loyalty are driving real financial and environmental change.

Future Initiatives & Our 2024 Roadmap

Look ahead with us as we detail our plans to strengthen our commitment to members and underserved communities. The presentation covers critical new programs and future opportunities:

  • Greenhouse Gas Reduction Fund (GGRF): See how CECU is partnering to leverage GGRF funds to increase access for disadvantaged communities, introduce new products like Solar Leases and Green Home Loans, and increase our Clean Energy For All Loan Program discount.
  • Expanding Access: Learn about the launch of the Clean Energy For All Loan Program in February 2024, which provides discounted rates to BIPOC and low-income borrowers.
  • New Products: We’re launching a new loan program, Drive Clean California, to help low-income residents purchase electric vehicles.
  • Technology Upgrades: Get details on our roadmap for software enhancements, including our Core Operating System Conversion and the introduction of Card Hub.

Key Highlights from the 2023 Financial Report

Discover the exceptional financial health and operational success achieved last year, enabling us to serve more members and expand our mission:

  • Record Net Income: Net Income surged by an incredible 1,067% in 2023, reaching $978,117.
  • Total Lending Power: We have now funded over $224 million in clean energy loans since our founding.
  • Exponential Impact: Our cumulative loan originations grew by 39% to over 12,000 loans.
  • Climate Results: Our financed projects have collectively offset over 913,148 estimated tons of CO2 equivalent.