A low-risk, no-fee place for your church to save, have easy access to funds, and provide funds for qualified churches and organizations to receive low-interest loans.
Consider a UMF Development Fund account as a preferred option for funds your church would otherwise place in a commercial savings account, certificate of deposit, or money market.
In the UMF Development Fund, your funds provide low-interest loans to qualified United Methodist churches and organizations throughout North and South Carolina. In addition to receiving a good return on your investment, you also embody the spirit of Methodists helping Methodists in which the UMF Development Fund has operated since 2006.
Open a UMF Development Fund account with as little as $1,000 and enjoy:
NOTE: A 12-month minimum investment is recommended, but there is no penalty for early withdrawal. The fund does not include a fixed-rate option and there is no minimum interest rate that must be paid by the Foundation.