5 types of credit unions worth joining
Going green at your credit union
Why not be rewarded for going green? More credit unions are carrying the message and rewarding consumers.
Take Redwood Credit Union in Santa Rosa, Calif. The credit union hosts green workshops, offers members paperless alternatives such as e-statements and provides loan discounts for hybrid cars.
"We know sustainable practices are important to our community," Redwood Credit Union spokeswoman Traci Thylin Bocci says.
Other credit unions are joining the green ranks. Founded in 2000, the Permaculture Credit Union in Santa Fe, N.M., focuses on funding green initiates. As of February 2013, it has handed out 685 loans totaling $15.2 million to support sustainable living projects such as loans for energy-saving cars, give microloans to farmers and educate the public on permaculture, which is a design principle that promotes self-sustaining ecosystems.