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Credit Union Prepares for Clean Energy Growth

A de novo CU plans to serve the expected loan surge demanded by an increasing number of energy-efficient consumers.

By Peter Strozniak | Updated on September 29, 2017

If clean energy becomes the next booming industry, a de novo credit union has already taken its name to serve the expected loan surge from an increasing number of consumers who want to install solar panels on their homes, buy electric cars and make their houses energy efficient.

After receiving its federal charter in September, Clean Energy Federal Credit Union’s website is tentatively scheduled to be open for business in November and will later launch its mobile banking service. While the credit union will operate from an office in Boulder, Colo., managed by its first CEO Terri Mickelsen, a veteran credit union executive, the de novo credit union will have no branches.

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Peter Strozniak

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