"EPA commends ICBA for having the foresight to offer this valuable resource to its member banks. Exhibiting the leadership in promoting 'green banking' to community banks is good for ICBA, good for community banks, and good for their customers and their communities."
ENERGY STAR Small Business Network
U.S. Environmental Protection Agency
Cut your energy consumption and lower utility costs and greenhouse gas emissions by joining with ICBA and the Environmental Protection Agency in the ENERGY STAR Program. Savings could average $3,500 per year per bank branch with a 10 percent energy use reduction. ICBA is the only national banking trade association to team with EPA on this program.
ENERGY STAR is best known as a label for products meeting energy efficiency guidelines. But the program also identifies superior energy performance standards for commercial and industrial buildings and reducing energy consumption by 10 percent.
The initiative offers you data, tools, and strategies to implement cost-effective retrofitting and new construction strategies involving energy efficient lighting, climate controls, equipment, and building design, and improved energy practices and technologies. They can be used for a new bank branch or to retrofit an old one.
Massachusetts Bank Saves $60,000
A $2 billion community bank in Mass. has saved about $60,000 in energy costs at its 13 bank branch and office buildings since joining ENERGY STAR in 2004. Using minor and major upgrades and adoption of high efficiency designs for new construction, the bank has doubled to 20 percent the cut called for in the ENERGY STAR Challenge. The bank:
- Sets goals for each building
- Offers incentives for top performing branches
- Involves every employee through training.
Finally, the bank recognizes energy leaders and earned the ENERGY STAR label for seven of its facilities.