2023 Annual Meeting
2023 Annual Meeting Financial and Impact Results
Review the Clean Energy Credit Union 2023 Annual Meeting Financial and Impact Results! Learn how the credit union achieved 80% growth in deposits and financed over 9,400 clean energy loans totaling $161.3 million in 2022. Discover our expanding mission impact, including over 691,100 tons of CO2 offset. Plus, get a preview of the 2023 product roadmap, including the launch of the Clean Energy for All program for equitable lending.
See what’s happening in Clean Energy Credit Union, including a look at our financials, CEO report, and updates from our board of directors here.
This comprehensive report details the extraordinary progress achieved by Clean Energy Credit Union in the previous fiscal year, underscoring the power of mission-driven finance.
The 2022 year saw substantial growth across every metric, solidifying our role as a leader in sustainable banking. Financially, we achieved a remarkable 80% growth in deposits, demonstrating increasing member confidence and commitment to aligning their savings with their values. This surge in deposits directly fueled our lending capacity, allowing us to finance more than 9,400 clean energy loans with a total value exceeding $161.3 million. These loans span essential clean energy projects, including residential solar, electric vehicles, and geothermal systems.
Beyond the dollar figures, the environmental impact is profound. We are proud to report that our collective efforts resulted in over 691,100 tons of CO2 offset, translating directly into a cleaner planet for all. Looking ahead, the presentation outlined an ambitious 2023 roadmap, which includes expanding our loan offerings and enhancing member services. A major highlight is the launch of the Clean Energy for All program, a crucial initiative designed to address environmental inequity by providing discounted financing and equitable access to clean energy for low-income and minority borrowers. This forward-looking strategy ensures that as we grow, we remain deeply committed to both environmental stewardship and social responsibility. These incredible 2023 Annual Meeting Financial and Impact Results are a testament to the fact that when a community unites behind a clear mission, small actions lead to massive, measurable change. We thank our members for making this success possible.