Fall 2022 E-Newsletter
Clean Energy CU Lending Growth and New Member Benefits
Celebrate with us as we hit 8,800+ Clean Energy Loans! To better serve members and support the movement, we’re introducing New Member Benefits including a 3.5% APY rewards checking account and a new 6-month CD option with 3.5% APY. Additionally, we highlight the financial and environmental benefits of energy-efficient heat pumps and invite members to submit nominations for the May 2023 Board elections.
- Celebrating our 8,800th Clean Energy Loan
- Introducing Short-Term CDs with Promotional Rates
- Board Director Nominations
- 3.5% Interest Checking Accounts
- Clean Energy Scorecard
- The Lowdown on Heat Pumps
- Member Showcase
- Frequently Asked Questions
Clean Energy CU Lending Growth and New Member Benefits
The Credit Union has raised the interest rate on its Rewards Checking Accounts to 3.5% APY for qualified accounts. Furthermore, members can utilize debit card controls for added security, such as real-time alerts and the ability to freeze/lock the card instantly.
Looking ahead, the CU is actively seeking potential nominees for its May 2023 Board of Directors elections to fill two or more open seats. Members are invited to suggest themselves or others to the Nominating Committee.
Finally, the update offers a brief reminder about the financial benefits of clean energy technology by highlighting heat pumps. These systems provide nearly 100% energy efficiency, resulting in up to 50% annual savings on energy bills.
With incentives like tax credits from the Inflation Reduction Act of 2022, heat pumps remain a must-have technology for homeowners seeking long-term energy savings. The Credit Union also announced minor fee updates, including a $100 refinance fee and a new $25 fee for returned payments, effective January 1, 2023.
