ST. PAUL, Minn. – Minnesota’s credit unions have launched a clean energy lending platform called “CU Green.”
CU Green was developed to make clean energy accessible to more Minnesotans through educational resources, loans and investment options, according to the Minnesota Credit Union Network.
The Minnesota Credit Union Network, Hiway and Affinity Plus Federal Credit Unions said they worked cooperatively to build the website cu-green.org, which provides consumers with clean energy information with a focus on finding qualified contractors, utility incentives and below-market rate financing for installing residential solar electric generating systems.
“By connecting Minnesotans with trusted installers, personalized energy savings estimates and competitive loans, credit unions are helping families and communities go green,” said Minnesota Credit Union Network President and CEO Mark Cummins.
The Minnesota CU Network said credit unions in the state have partnered with the University of Minnesota Institute on the Environment Climate Smart Municipalities program to improve energy efficiency and boost the local economy in Minnesota.
“Working with former state legislator and clean energy financing expert Jeremy Kalin, the credit unions are working on several approaches, including creating cu-green.org to help consumers install residential solar panels and implementing energy efficiency improvements in credit union branches,” the MnCUN said.