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Atmos Financial and Clean Energy CU Launch Atmos Clean Energy Solutions

In a groundbreaking development for credit unions across America, Atmos Financial and Clean Energy Federal Credit Union have partnered to establish Atmos Clean Energy Solutions. This newly registered Credit Union Service Organization (CUSO) aims to enhance the clean energy landscape by making lending options straightforward and accessible for members from coast to coast.

As the demand for clean energy solutions surges, Atmos Clean Energy Solutions offers a customizable platform tailored to assist credit unions in launching robust lending programs effortlessly. By leveraging the technology and experience of Atmos Financial—renowned in climate fintech—and the mission-driven approach of Clean Energy CU, this CUSO opens new pathways for credit unions to engage in the evolving clean energy market.

An Innovative Approach to Clean Energy Lending

Credit unions traditionally emphasize community-oriented finance, and this initiative empowers them to transform their operational model significantly. According to Terri Mickelsen, CEO of Clean Energy Credit Union, the integration of a plug-and-play model for solar lending could have expedited their processes immensely when they began. After utilizing Atmos' solution for six months, she highlighted the ease of management and the invaluable support provided, remarking on how tedious it had been to develop their previous strategy from the ground up.

“Atmos Clean Energy Solutions alleviates barriers and equips credit unions, big and small, with the necessary tools to deliver affordable, sustainable energy solutions to their members,” stated Ravi Mikkelsen, CEO of Atmos Financial.

The CUSO's mission is clear: to facilitate clean energy lending that is both accessible and efficient, enabling credit unions to lead their respective communities through the ongoing clean energy transition.

The Growing Market for Clean Energy Lending

The clean energy lending sector is positioned as a rapidly expanding segment of consumer finance. With loan structures that boast strong performance and member engagement potential, this market allows credit unions to diversify their portfolios while strengthening community ties. Traditionally, however, launching a new lending program required considerable investment in terms of time, capital, and expertise.

Atmos Clean Energy Solutions bridges this gap by offering a wide array of services, including:

• - Turnkey Product Development: Efforts to simplify compliance and operational processes.
• - End-to-End Origination, Servicing, and Portfolio Management: A comprehensive suite of services to cover every aspect of clean energy lending.
• - Integration with State and Green Bank Credit Enhancements: Collaborating with existing initiatives to optimize financing opportunities.
• - Immediate Access to a Billion-Dollar Project Pipeline: Ensuring that credit unions are ready to engage in ongoing projects without delay.

The impact of these offerings becomes evident quickly. Credit unions can significantly reduce their program launch timelines—from three months to as little as three meetings—and achieve remarkable cost savings, which could be up to 92% compared to a do-it-yourself approach. This shift not only enhances the member experience but also solidifies the credit union's role in a dynamically growing financial landscape.

A Bright Future for Clean Energy Solutions

Atmos Clean Energy Solutions is not just a service; it embodies a vision of sustainable finance where credit unions are empowered to act as leaders in their communities. As more institutions join this initiative, the potential for transformation becomes increasingly tangible. Each credit union step toward clean energy lending represents a stride toward a more sustainable future for millions of Americans.

About Atmos Clean Energy Solutions:
A collaborative effort led by Atmos Financial, PBC, and Clean Energy Federal Credit Union, Atmos Clean Energy Solutions seeks to redefine how credit unions interact with the clean energy market by making lending processes seamless and efficient. For more information, visit www.atmoscuso.com.

Conclusion

As we look to the future, the collaboration between Atmos Financial and Clean Energy CU showcases the kind of innovative thinking required to tackle the pressing issue of clean energy adoption. By empowering credit unions, Atmos Clean Energy Solutions may very well lead the charge in reshaping how communities access and utilize sustainable energy resources.