image credit: Unsplash

Credit unions are speeding a clean energy transition; NCUA can help

December 22, 2022


More than 132 million Americans across the country trust their finances to a credit union. As not-for-profit financial institutions, credit unions have the flexibility to offer members lower rates on loans, fewer fees and higher-yielding returns on their savings.

While these are known benefits to banking with a credit union, a lesser-known fact is that these member-owned financial institutions have also accelerated our nation’s shift to clean energy. Unfortunately, unless the COVID-19-era rule change that allows federal credit unions to participate in long-term solar loans is permanently ratified, or extended, this progress will be stunted.

Read More on American Banker