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Development Fund Deposit Rate Increase – United Methodist Main

Development Fund Deposit Rate Increase

Home>>Development Fund News, Foundation News, United Methodist General News>>Development Fund Deposit 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%.

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