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 1982
"I've been a member since the Credit Union was just Dave Knoll with a cardtable in the hallway of the old Genesee Coop on Saturday mornings. I've never been tempted to go anywhere else since that time, even though I now live thirty miles away. I like dealing with nice staff who know my name, who are eager to help, and who are dedicated to financial literacy and empowerment. Plus, it's good to know that my money is being used to invest in people rather than fill the pockets of the wealthiest.
In addition to savings and checking I've turned to the credit union for debit cards, line-of-credit, auto financing, on-line banking, and a home mortgage. I've now financed at least four cars through the credit union, and I've successfully encouraged friends to do the same.
One of my boldest statements ever in the face of raw financial power was when the car dealer required me to sit through a presentation on their financing. My response: "I'm a loyal credit union member, and I'll stick with it even if you offer me zero percent. If I ever get in trouble, the Credit Union will help me work it out, but you guys'll just send the collection agent after me." The guy just gulped and that was that.
Yee-hah!
And I don't want to forget to mention that as a Credit Union member I get to vote. Real democracy - awesome!
Genesee Co-op Federal Credit Union - it's the best deal in town!"