US Bancorp Community Development Corporation Chairman and CEO of Zack Boyers said, "With this new fund for SolarCity’s customers, U.S. Bancorp reaffirms its commitment to building sustainable communities by simplifying the adoption of renewable energy sources."
US Bancorp Community Development Corporation is a community investment subsidiary of U.S. Bank.
Having been partners for the last three years, this would be sixth fund jointly issued by US Bancorp and SolarCity. It will allow homeowners and businesses in 14 states more accessible and affordable soalr electricity.
SolarCity and US Bancorp fund the solar panels and solar panel installation, while SolarCity provides necessary support and service to the installations.
