Saguache County Credit Union

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GREEN LOAN INFORMATION PAGE

SCCU is committed to helping green up our environment. In order to do our part we have begun a new loan program that will help members buy products that can help our environment.

GREEN LOAN FOR HYBRID OR ALTERNATIVE FUEL VEHICLES

With gasoline prices hitting all-time highs, maybe it is time for a hybrid vehicle or one that runs on alternative fuel. If that is in your plans, Saguache County Credit Union can save you money on your loan. On any hybrid or alternative fuel vehicle, SCCU will reduce the interest rate 1% lower than our going rate. The rate on a new car can be as low as 6%.

GREEN HOME IMPROVEMENT LOANS

A “Green Home Improvement Loan” may be what you are looking for. If you are looking to be kinder to the environment and your pocket book a Green Home Improvement Loan may be the answer. A Green Home Improvement Loan can include loans for the following: to purchase energy-efficient appliances; window replacement; water-saving or low-flow sprinkler systems; drought resistant/ecological landscaping; water heaters and special water heating reduction appliances and equipment; energy efficient lighting; energy efficient roofing; solar, including passive; wind power; heating and cooling insulation; waste reduction; recycling; green housing and composting.

Green Home Improvement Loans can be financed either as a first or second mortgage, personal loan, unsecured loan, or secured line of credit depending on which loan you qualify for. SCCU will reduce the interest rate 1% lower than our going rate. Your rate could be as low as 7.5% to make your house greener. There are also tax breaks you can get for these types of home improvements, so you can get greener in two ways: a greener house and more green money in your pocket.