Green Home Loans
GWe offer special programs to help you invest in making your home more energy efficient and sustainable. This can save you money in the long run while helping the environment.
These loans can be used to finance:
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Heating & Cooling Systems (HVAC) like air-source and geothermal heat pumps
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Solar energy installations, on your property or through community solar
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Insulation improvements
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Energy effiencent windows, lighting or insulation
Maximum loan amounts and rates are dependent on credit score. Some loans located in Western New York are eligible for a lower rate through a NYSERDA Credit Enhancement program.
Genesee Co-op also offers special rates for purchasing electric, hybrid electric, and energy efficient cars. Please inquire with a loan officer.
State and Federal Incentives
While these upgrades may seem out of reach, state and federal & tax credits can make investing in green upgrades for your home affordable -- no matter your income. It especially makes sense if it is time for you to replace a furnace or appliance anyway. The limited extra cost can often payback quickly, and our low-cost loans can help you save money compared to financing less efficient upgrades!
You can find information on various grants and tax credits on this New York State Website:
Combine IRA Savings with State Incentives to Upgrade Your Home and Ditch Fossil Fuels
And more information and support is available in the Rochester Area through the AMPED Project, which is a partnership of New York State, the City of Rochester, Greater Rochester Clean Cities, and the Climate Solutiosn Accelerator
Our Members make the difference.
Member Since 2007
Alina had a car loan with HSBC that was at 18.26% which we refinanced for her at the credit union at 8.25% after she made on time payments for one year.
"Basically what institutions like our CU does for 'underserved' people like me, is to put a little faith and trust in our financial life. And that is all we need in order to get out of our broken situation. Believing in the human ability to overcome any situation just by supporting them is enough.
We human beings have an extraordinary capacity or resilience to move on to the next level and then aim for a better future.
I am a true example of that ... A woman with such a bleak financial broken history and here there is a bank in a city where I never imagined myself living someday who put a little bit of that 'faith' in me. What a miracle!"