Foundation
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%.
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 [...]
UMDF Participation Rate Increase
Participation Account Rate Increase We are pleased to announce that effective October 1, 2018, the United Methodist Development Fund will raise the interest rate paid on participation accounts to 1.675%. 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 [...]
UMDF Deposit Interest Rates Going Up!
Participation Account Rate Increase We are pleased to announce that effective April 1, 2018, the United Methodist Development Fund will raise the interest rate paid on participation accounts to 1.50%. 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 [...]
Participation Account Rate Increase
We are pleased to announce that effective July 1, 2017, the United Methodist Development Fund will raise the interest rate paid on participation accounts to 1.25%. Participation account funds are fully liquid and, unlike certificates of deposit (CD), are not locked in for a particular time period. The loan rate will remain at 3.99%.
Grace UMC in LaCenter, KY, receives $2,000 grant
Grace United Methodist Church in LaCenter, Kentucky, is the recipient of a $2,000 grant for its community walking trail, according to a Nov. 1 Facebook post by Ballard County Wheels and Wings. Ballard county Wheels and Wings is an annual bike ride that raises money to fund projects, events and venues in Ballard County that [...]