Georgia United Methodist Foundation Announces New Development Fund and Loan Fund Rates

2/29/2012

Due to continued declines in interest rates, the Georgia United Methodist Foundation is adjusting its rate schedule for Development Fund and Loan Fund Rates effective March 1, 2012. The following Development Fund rates will go into effect on March 1, 2012. Please note that rates for 1- and 2-Year certificates remain the same.
 
4-Year Certificate: 2.50%
3-Year Certificate: 2.00%
2-Year Certificate: 1.50%
1-Year Certificate: 1.30%
 
Effective March 1, 2012, Permanent Loan Fund rates will be lowered from 5.15% to 4.80%. Construction Loan Fund rates will also be adjusted on this date from 6.00% to 5.80%.
 
Please note: All Development Fund and Loan Fund rates are subject to change without notice. For current rates, please call the Foundation at 770-449-6726 or 877-220-5664 or visit www.gumf.org.


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