ENGLEWOOD, Colo—Atmos Financial and Clean Energy FCU have created Atmos Clean Energy Solutions, a new CUSO designed to make clean energy lending simple and accessible for credit unions nationwide, the organizations announced.
Atmos Clean Energy Solutions, based in San Francisco, provides credit unions with a turnkey, customizable platform to launch and scale clean energy lending programs, the organizations stated.
“By combining Atmos Financial's climate-fintech expertise with Clean Energy CU's proven track record in mission-driven lending, the CUSO enables institutions of any size to enter the rapidly growing clean energy sector with confidence,” the organizations stated
"Adopting a plug-and-play model for solar lending would have been a game-changer when we launched," said Terri Mickelsen, CEO of the $114-million Clean Energy FCU here. "After using the Atmos solution for over six months, I've been impressed by its simplicity and the support behind it. It's incredibly accessible and easy for our small team to manage. We spent an extraordinary amount of time and resources building our solution from scratch; being able to offer credit unions a ready-made path, backed by seasoned industry veterans, isn't just convenient, it's invaluable."
"Credit unions have always been at the forefront of community-based finance, and now they have a once-in-a-generation opportunity to lead in the clean energy transition,” said Ravi Mikkelsen, CEO of Atmos Financial. “Atmos Clean Energy Solutions was designed to eliminate barriers, accelerate program launches, and empower credit unions of all sizes to offer their members affordable, resilient, and sustainable energy solutions. Together, we can transform how millions of Americans power their lives — and how credit unions grow their memberships."
Distributed clean energy lending is one of the fastest-growing segments of consumer finance, the organizations asserted.