SECU's environmentally friendly "Green" Car Loan comes on the heels of a recently established "Green" Mortgage program launched in September of this year. The "Green" Mortgages are available on homes that have received an "Energy STAR" rating, which indicates the home's level of energy efficiency is at least 15% better than the minimum requirements as set forth in the 2004 International Energy Conservation Code.

Commenting on SECU's new "Green" Car Loan program, David King, SECU Board of Directors Chairman states, "Presently, Hybrid and Alternative Fuel vehicles are more expensive to purchase than petroleum based fuel vehicles. Given today's fuel costs and the outlook for demand on petroleum based fuels in the future, there is an increased need to provide reasonable financing options for members considering vehicles which reduce the consumption of petroleum based fuels. As SECU members make a choice for conservation, SECU's Board is committed to making their choices more affordable."
Advertisement

About SECU

SECU is a non-profit financial cooperative owned by its members. SECU has been providing the employees of the State of North Carolina and their families with consumer financial services for over 65 years. Currently serving over 1.3 million members, SECU provides services through more than 200 branch offices, approximately 900 ATMs, two call centers