GUMF Bulletin Insert Promotes Great Certificate Rates!
Even though the Federal Reserve is pushing interest rates lower, the Georgia United Methodist Foundation is holding its Certificate Program rates at above market levels. Why? Loan demand is strong. The Certificates we sell fund our loans to churches and other United Methodist institutions. When market rates of interest move, GUMF typically changes its rates on Certificates and Loans to be competitive. Since we need to sell more certificates to fund anticipated loans, we are delaying repricing until we catch up with loan demand.
This means a great deal for you. How great? Check out the chart!
|Certificate Term||August 2019 Rates*|
How can you take advantage of this? As a church treasurer or as an individual you may invest in GUMF certificates if you reside in Georgia and are affiliated with a United Methodist church.
For details, please call Carol Johnston, GUMF Controller, at 770-449-6726 or 877-220-5664 (North Georgia) or Rev. Steve Waldorf, GUMF Regional Vice President, at 478-746-9688, ext. 124 or 478-747-0042 (South Georgia).
Interested in sharing this information in your church?
*Minimum deposit of $5,000 required. Rates, effective August 1, 2019, are subject to change without notice. This ad constitutes neither an offer to sell nor a solicitation to buy the securities described. Offers are made only after receiving and reviewing an Offering Circular.