Watch a 1-hour webinar as our Converge Cornerstone Fund specialists discuss the effects the Coronavirus pandemic and the economic downturn could have on ministry lending.
If you wish, you can also download the presentation slides.
The webinar addresses topics such as:
· Partnering with churches through the Coronavirus crisis
· The impact on current and future loans
· The impact of payroll protection Plan loans have on lending
Demand Investments
| Minimum | Rate | |
|---|---|---|
| Demand | $100 | 1.375% |
| Church Savings | $100 | 1.500% |
Individual Retirement Accounts
| Minimum | Rate |
|---|---|
| $10 | 2.500% |
| Over $100,000 | 2.625% |
Term Investments
| $100 | $150,000 | |
|---|---|---|
| 1 Year | 1.625% | 1.875% |
| 2 Year | 1.750% | 2.000% |
| 3 Year | 2.250% | 2.250% |
| 4 Year | 2.000% | 2.250% |
| 5 Year | 2.125% | 2.375% |
Special Investments
| Minimum | Rate | |
|---|---|---|
| Cornerstone Kids (5 Year) | $250 | 2.375% |