Iowa bank redefines ‘community’ with green energy lending niche

In the past decade, Decorah Bank & Trust has reduced its carbon footprint to zero, down from 814 metric tons, and the bank has a majority market share in its northeast Iowa community, which prioritizes solar energy. In fact, the Decorah community is developing a reputation as the state’s solar power capitol. “As a community banker, the Decorah area is a wonderful, vibrant community,” said Ben Grimstad, president and CEO of Decorah Bank & Trust. “But we’re not growing the population . . .

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