At New Resource we’re excited about the promise of solar power and other alternative energy technologies. We’re passionate about reducing pesticide use. And we’re committed to supporting nonprofits’ sustainability work. We know many of our customers feel the same way, and that’s why we created the Impact CD.
When you open an Impact CD, your deposits support new loans to New Resource clients in your choice of one of three key sustainability-related sectors.
- Solar/alternative energy: Your investment funds solar and other alternative energy projects.
- Organic products: Your investment funds loans for businesses in organic product sectors.
- Nonprofit: Your investment funds loans to nonprofit organizations.
See a sampling of our current loan recipients in these areas on the Who We Finance page.
Impact CD details
- Choose your impact area when you open the CD
- $2,500 minimum opening balance
- Terms from one month to five years
- Fixed rates
- No maintenance fees
- Early withdrawal penalties
All New Resource Bank CDs are FDIC insured. See our current CD rates.
To open an Impact CD, contact a banker at email@example.com or 415.995.8100.
We finance sustainable businesses and projects, so you know your CD funds are helping to improve the world.