FoundationIn the News
Loans at a great rate!
Does your church or missional agency need to refinance an existing loan or borrow funds for capital improvement projects? With loan rates as low as 6.25%, the UM Development Fund of Tennessee and Kentucky can help! Contact Tiffany Ford at 615-259-2066 or tiffany.ford@umftwk.org for more information.
Development Fund Deposit Rate Update
UPDATE: Effective October 1, 2025, the United Methodist Development Fund interest rate paid on participation accounts will be 4.0%. 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 6.25%.