Building Fund Trust

The Building Fund Trust accepts investments from Iowa United Methodist individuals, churches, and organizations which in turn is loaned to qualified Iowa United Methodist Churches or affiliated organizations for capital projects. The Trust offers excellent income for one-, three-, or five-year investments, but there is no opportunity for capital appreciation. That makes this fund a good option for short or intermediate term income needs or for a portion of endowment funds that help both the investing body and the wider Iowa United Methodist community.

The Iowa United Methodist Church Building Fund Trust is offering the current investment rates* effective monthly:

1 year: 2.17%

3 year: 2.35%

5 year: 2.80%

Loan rate is: 6.25%

**We are implementing a new structure to our certificate program. If you invest in a 3 or 5 year term you are now able to take advantage of higher interest rates with the following guidelines. You are only able to do this on the anniversary of the month and day your certificate was initially set up. If you choose to take the new rate the term of your certificate will also start over. We will be sending out notices a month before the annual anniversary to let you know your options. Our rates are set on the first of each month. If we do not hear back from you by the annual anniversary date of your certificate it will remain with the original interest rate and term length.**


First UMC – Original Certificate
Beginning Date: June 10, 2017
Maturity Date: June 10, 2020

On June 10, 2018 should you want the new interest rate your term would start over
Beginning Date: June 10, 2018
Maturity Date: June 10, 2021

**Additions to existing certificates can be made on the anniversary date however, closing out or taking a partial withdrawal on a certificate before the maturity date will result in a penalty.

*Please note rates are set on the first business day of each month and may change without notice.

For more information about our Building Fund Trust program, take a look through our loan brochure.

Loan Application for Church

Loan Application for Individual

Offering Circular 2018