For Immediate Release
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March 03, 2009
Local Contact: Paul B. Stull
Arizona State Credit Union
Telephone (602) 467-4062

Lending Green Fuels Solar Growth

Arizona State Credit Union partners with Hope Construction in Flagstaff's first solar powered multi-family housing development

Flagstaff, Ariz. - Arizona State Credit Union is proud to sponsor Hope Construction as it builds Flagstaff's first solar-powered multi-family housing development - described as "the green standard" for eco-friendly residential planning and construction. The Credit Union is providing the financing for the building project in an effort to promote both immediate growth and long term sustainability in the community.

"The immediate benefit of building in the community is clear, but what makes this especially remarkable is that the building itself is designed to increase efficiency and sustainability which, in turn, provides stability in the community and the natural environment," said Paul B. Stull, Senior Vice President of Marketing at Arizona State Credit Union.

Hope Construction and Arizona State Credit Union are likely partners because of the fact that both are interested in stable growth for the community. Hope Construction is a pioneering contracting company that encompasses green building, planning, development, new construction, remodeling, and property management-all of which provide opportunity for sustainable economic growth.

Arizona State Credit Union provides loans to community focused businesses such as Hope Construction in order to support a local and prosperous economy, and it also maintains a sustainable financial model in its member-owned, democratically controlled structure.

"Arizona State Credit Union and Hope Construction are extremely pleased to support the movement towards more responsible, more sustainable practices in the community, whether that is through green building or through responsible financial opportunities," said Stull.

About Arizona State Credit Union
Arizona State Credit Union is a $1.3 billion full service not-for-profit financial cooperative with a statewide branch network serving the people of Arizona. More than 135,000 Arizonans turn to Arizona State Credit Union for outstanding service and value. Founded in 1951, the Credit Union has grown dramatically and provides a full line of financial products at 21 offices across the state. Arizona State Credit Union is proud to be locally owned and operated and welcomes membership from both business and individual members.


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