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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%.

By |2024-03-28T15:52:34+00:00March 28th, 2024|Development Fund News|0 Comments

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 [...]

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

2016 Alternative Christmas Gift Catalog

2016 Alternative Christmas Gift Catalog: Choose gifts that help people in need and change lives 10/25/2016 Offer Jesus Christ to a hurting world this Christmas by choosing one or more of the below gift-giving opportunities. Memphis Conference agencies and ministries were invited to submit 2016 gift-giving opportunities by Oct. 18 for the second annual Memphis Conference Alternative Christmas Gift [...]

By |2017-06-17T18:16:58+00:00November 14th, 2016|Development Fund News|0 Comments

Lakeshore Camp and Retreat Center water park is paid off!

CANNONBALL! Wayne and Janie Hall Help Pay Off Water Park OCTOBER 25, 2016 | JDICKERSON In 2004, the pool at Lakeshore Camp and Retreat was rusty and outdated and in serious need of a face lift. After much deliberation, and a decision that it was important not only to replace but improve, the Board stepped out [...]

By |2017-06-17T18:16:58+00:00November 14th, 2016|Development Fund News|0 Comments