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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 [...]

Development Fund Deposit Rate Increase

We are pleased to announce that effective April 1, 2023, the United Methodist Development Fund will raise the interest rate paid on participation accounts to 2.25%.  Participation account funds are fully liquid and, unlike certificates of deposit (CD), are not locked in for a particular time period.  The loan rate is 4.75%.

By |2023-03-31T19:13:14+00:00March 31st, 2023|Development Fund News|0 Comments

Church Building/Renovation Grants Available!

The Board of the Development Fund for Kentucky and Tennessee and the Foundation for the Memphis and Tennessee Annual Conferences 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 [...]

By |2021-07-15T16:17:50+00:00July 15th, 2021|Uncategorized|0 Comments

Deposit Rate Increase!

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 [...]

By |2019-11-22T14:12:27+00:00November 22nd, 2019|Development Fund News|0 Comments

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 [...]

By |2018-10-01T14:40:27+00:00October 1st, 2018|Development Fund News|0 Comments

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 [...]

By |2018-02-21T18:25:25+00:00February 21st, 2018|Development Fund News|0 Comments

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%.

By |2017-05-17T16:18:27+00:00May 17th, 2017|Development Fund News|0 Comments