SAVINGS ACCOUNT RATES – NEW at July 1, 2016
|$0 – $999||1.0%|
|$1K – $199K||1.75%|
|$200K – $399,999||1.875%|
|$400K – $599,999||2.0%|
|$600K – $799,999||2.125%|
|$800K – $999,999||2.25%|
How Your Account Works
Once your account is opened with the Foundation, you can choose what to do with the interest earned. The interest can be compounded for ongoing growth or received on a semi-annual basis. Semi-annual statements are mailed in July January of each year.
Funds can be withdrawn at any time with 10-15 days notice. If an emergency arises, please contact us to arrange for a withdrawal.
How We Use Your Money
Your savings account is used by the Foundation to provide lower cost loans to CBWC churches, agencies and pastors.
Over the last 10 years the Foundation has approved over $30 Million in lower interest rate loans from over 300 depositors.