Update from the Founders
To our valued customers and stakeholders,
It is with great excitement and gratitude that we share the next phase for Atmos. Atmos is shifting its deposit program to our long-term partner, Clean Energy Credit Union, in order to focus exclusively on clean energy lending.
Over the next two months, Atmos will transition all customer deposits to Clean Energy Credit Union while we pivot our orientation toward powering clean energy lending for more financial institutions across the country. All current deposit services will be maintained without interruption during this transition period.
We realize that this announcement may come as a surprise, but we are confident that this path enables us to better serve both our customers and our mission. As our team took steps to replace our banking services provider, it became clear that moving our deposit program to Clean Energy CU — the only regulated depository institution wholly committed to climate action — would provide our customers with the same uncompromising value proposition, a greater suite of financial products and services, higher savings rates and the peace of mind of banking directly with a regulated financial institution.
While your money continues to fund climate projects and yield strong returns, this shift will allow Atmos to more effectively accomplish its primary goal of accelerating the deployment of clean capital broadly across the world. Going forward, we’ll work alongside and within banks, credit unions and community lenders so that they can play a greater role in the clean energy transition.
While this represents a shift for our business day-to-day, our shared mission remains intact. The need for decisive climate action has never been greater and we’ve taken this step with complete confidence that it will help us all to collectively meet the growing needs of our communities. It’s been our privilege to serve you, and we thank you for your trust and passion over the past several years.
What will happen to your Atmos accounts?
The next time you log in to the Atmos app or website, simply indicate that you’d like to continue to support climate action through a Clean Energy CU account. We’ll handle the rest. As soon as your Clean Energy CU account is approved, you’ll hear from us to help you move your money over into any one of their leading products.
More about Clean Energy CU
Clean Energy CU is the only federally chartered institution in the country solely dedicated to facilitating the clean energy transition, making it the best option to maximize the positive climate and financial impact of your money. In other words, if Atmos was a chartered bank or credit union, we’d look a lot like Clean Energy CU. Others in the space don’t come close.
The Clean Energy CU team is offering a special CD rate of 4.3% to existing Atmos customers when you move your money. Explore all of Clean Energy CU’s financial products and services (there’s a lot!). Deposit insurance is provided by the NCUA (the FDIC equivalent for credit unions).
With Gratitude,
Ravi and Pete