In many of our communities, buildings are the single largest source of the gases that cause climate change. Use this Green Bank Checklist to slow climate change and benefit your customers.
- Offer interest-free home energy-improvement loans through MassSave. In Middlesex County alone, 67 banks and credit unions already offer these loans.
- Educate your customers about green loan opportunities through all your marketing channels. See Eastern Bank and Charles River Bank as examples.
- Provide energy-efficiency workshops for your employees.
- Make climate action a focus of your volunteerism and philanthropy.
- Engage directly with city/municipal and state partners to support local and state opportunities and requirements for electrification in new buildings and major renovations.
- Educate your customers—homeowners, architects, and contractors—about opportunities and requirements. Become a source of expertise to customers seeking to build or renovate their properties by sharing information about state and federal requirements and loan opportunities.
- Measure, disclose, and reduce your investment in fossil fuels (for banks with such investments)
- Encourage banking trade associations such as the Massachusetts Bankers Association to support the role of community banks in the climate transition.