With high-level experience working for credit unions, legislators, and regulators,

Hall Associates Consulting, LLC has a successful track record:

 

• Helping credit unions expand their fields of membership (FOMs),
• Organizing and chartering new credit unions,
• Working with groups to explore business opportunities to partner with credit unions,
• Conducting the due diligence necessary for organizations and groups to decide whether forming a new credit union makes sense for them, and
• Representing and advocating for credit unions before lawmakers and regulators.

Hall Associates Consulting LLC teamed up with the Filene Research Institute to find out whether credit unions are marketing loans to help their members save money at the gas pump and on their utility bills. And, if so, what was the outcome? After conducting a detailed online survey and holding a series of interviews with senior credit union managers, we have the answer.

“More and more credit unions are discovering that lending for green purposes is good business in its own right. The loans are profitable; they attract financially strong borrowers, spur membership growth, and lead to new growth in solidly performing loans on the balance sheet.”

-Finding Sustainable Profits Green Lending by Credit Unions
Filene Research Institute, 2011

This is true whether the lending is for hybrid or electric vehicles, improving the energy efficiency of homes, installing solar panels, or helping small businesses reduce their utility expenses.

There are a variety of partnerships some credit unions are working with to expand their lending in these areas. There are a variety of ways the programs are being structured. There are a variety of ways credit unions are marketing their green loans. Different solutions work differently in different circumstances.

Green lending provides important opportunities for credit unions to stimulate the growth of solidly performing loans that help members save money.  At Hall Associates Consulting, LLC we work with our clients to help them achieve their objectives in their own unique situations.