Participation Account Rate Increase
We are pleased to announce that effective January 1, 2020, the United Methodist Development Fund will raise the interest rate paid on participation accounts to 2.0%. Participation account funds are fully liquid and, unlike certificates of deposit (CD), are not locked in for a particular time period. The church building loan rate will remain at 3.99%. If you are interested in opening a participation account or would like more information about church loans, please contact Tiffany Ford at 615-259-2066 or tiffany.ford @umfmtc.org.