Ousley UMC Refinancing Results in Better Rate, Service, Relationship
Thanks to investments in the Georgia United Methodist Foundation's Certificate Program, the Loan Fund has helped United Methodist churches and entities in Georgia find $27 milliion in financing for projects. Rev. McCallister Hollins, former pastor of Ousley UMC in Lithonia shares the benefits of refinancing its existing loan with GUMF.
BETTER RATE, SERVICE & RELATIONSHIP
Like many churches, we were coming through some financial challenges due to the economy. We were shopping for a better rate and better service. Our leadership met with the Foundation, and we were really impressed with what they had to offer. The Foundation gave us the best rate and the best service. This was more than a loan. It was a relationship. The Foundation is really committed to Methodism and to the economic status and improvement of churches.
The leaders at the Foundation are wonderful. They put you at ease. You don’t have to worry about any hidden agendas or costs. Everything is just as they tell you from the beginning. It took us five minutes to close our loan. That says a lot.
Not everyone in our church has grown up Methodist. Partnering with the Foundation helped the congregation to understand fully the connectional system. The Methodist family has a rich heritage of being relational and assisting one another in being able to do ministry.
We consider ourselves a multicultural church family. Our mission is to make disciples. This refinancing has freed up our cash flow and enhanced our ability to do the work of Christ here in this community and beyond.
I recommend that other churches partner with the Foundation because it seems to be the best kept secret in Methodism. The Foundation is a wonderful resource. It’s the grace of God at work through the church for the sake of ministry. The Foundation can be one of the most beneficial gifts that The United Methodist Church has to offer. It’s one of the greatest gifts that we have received here at Ousley because it is enabling us to have the resources to be able to do dynamic ministry in the world.
This article was originally published in the Georgia United Methodist Foundation’s 2013 Annual Report.