Get a green loan and a tree planted in your name
February 9, 2008 | Subscribe Free
Point Loma Credit Union is planting trees in the name of every member who gets a “green” loan.
The credit union offers two kinds of green loans. One loan gives discounts for vehicles getting at least 32 MPG highway. The green car loans are also available for dual-fuel, electric, ethanol, natural gas and fuel-cell powered vehicles.
The credit union is also approving green personal loans for eco-friendly purchases such as:
- Energy-efficient home upgrades
- Energy Star appliances
- Replacing existing windows with double-glazed, low-emissivity windows
- Installing renewable energy sources like solar panels
For each green loan funded, PLCU will arrange for BeGreenNow.com to plant a tree in the member’s name.
Key Question: How paperless is the loan application and approval process?
This article © 2012 by The Financial Brand and may not be reproduced.
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