In the News
Church Building/Renovation Grants Now Available!
The Board of the Development Fund for Kentucky and Tennessee and the Foundation for the Tennessee-Western KY Conference is pleased to announce the establishing of a new grant program. These grants are to aid churches or affiliated Conference entities with building or renovation projects. The criteria are as follows: The project must contribute directly to [...]
Does Your Church Need A Building Loan?
Good News! With loan rates as low as 4.95%, the UM Development Fund can help! Contact Tiffany Ford at 615-259-2066 or tiffany.ford@umftwk.org for more information.
Development Fund Deposit Rate Increase
We are pleased to announce that effective April 1, 2024, the United Methodist Development Fund will raise the interest rate paid on participation accounts to 3.50%. Participation account funds are fully liquid and, unlike certificates of deposit (CD), are not locked in for a particular time period. The loan rate is 4.95%.