Climate First Bank
Climate First Bank offers a range of personal and business banking services with a focus on sustainability and social justice, including high-yield accounts, solar loans, and SBA loans.
Personal Banking Services
Climate First Bank offers a comprehensive range of personal banking services. These services include checking and savings accounts designed to meet various customer needs. Personal loan options are also available, including specialized solar loans tailored for residential solar installations. For customers interested in sustainable energy, these personal solar loans provide an opportunity to finance solar projects with terms that suit individual financial situations.
Business Banking Services
Climate First Bank provides an extensive array of business banking services. These services encompass attorney banking, commercial and sustainable lending, and commercial solar loans. The bank also offers SBA 7(a) and SBA 504 loans for business expansion, acquisitions, and solar installations. With a focus on sustainable business practices, the bank supports projects involving solar, storage, EV charging, and energy improvements.
Certificate of Deposit Accounts
Climate First Bank offers various Certificate of Deposit (CD) accounts with different terms and interest rates, catering to a wide range of investment preferences. These CD accounts provide customers with secure investment options, allowing them to earn interest over fixed terms.
Solar Loan Products
The bank offers specialized solar loan products, including the newly re-envisioned Residential Solar Loan. This product features a 30-year term with an interest rate of 7.83% and a 7.99% APR. Additionally, Climate First Bank provides commercial solar loans, offering up to 100% financing for commercial solar panel installations with an 8.49% APR. These products reflect the bank's commitment to promoting sustainable energy solutions.
Sustainable and Social Commitment
Climate First Bank is committed to environmental sustainability and social justice. The bank supports various initiatives aimed at achieving carbon neutrality and financing green projects. Partnerships with organizations such as B Lab, We are Neutral, and the Global Alliance for Banking on Values further underscore its dedication to sustainable business practices. Additionally, specialized accounts like the Regeneration Checking and Pride Banking accounts contribute to environmental and social causes through donations.