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 decided to become a founder and a member of Genesee Co-op Federal Credit Union because I wanted to help create, support and benefit from a cooperative alternative to mainstream financial institutions. It's important to me to know that my money supports a non-profit, community-based, socially-responsible saving and lending institution. Now more than ever, we need alternatives to the mega-banks that have made such a mess of our economy. I'm proud to have been a part of an institution that has helped thousands of people enter the world of credit, improve their financial standing and be treated with dignity. It's great to have witnessed the credit union’s evolution from a small group of food co-op members into an institution that serves a member-ownership that's diverse in age, race, ethnicity and socio-economic circumstance."