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Free Methodist Investment & Loan Fund
8050 Spring Arbor Road
PO Box 580
Spring Arbor, Michigan 49283
phone: 517.750.2727
toll free: 800.325.8975
fax: 517.750.2752
email: info@fmfoundation.org
The Free Methodist Investment & Loan Fund
Serving Free Methodist Investors & Churches for OVER 50 YEARS...
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Earn Interest. Help Churches. It's That Simple.
| Investment |
Minimum |
APY* |
APR* |
| Flexible** |
none |
3.25% |
3.20% |
| 1 Year |
$5,000 |
3.50% |
3.44% |
| 2 Year |
$5,000 |
3.75% |
3.68% |
| 5 Year |
$5,000 |
4.75% |
4.64% |
*APY: Annual Percentage Yield/ APR: Annual Percentage Rate Interest on all certificates accrues daily. A statement is provided each quarter reflecting the principal and accrued interest of each certificate.
**Flexible rate will be adjusted to 3.00% APY, 2.96% APR, effective 2/1/09.
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Assisting Free Methodist Churches in the acquisition, construction and expansion of physical facilities by providing user friendly loan services.
Current Interest Rate: 7.15%*
Terms: 10, 15, 20 and 25 years
*loan recipients do not pay points or fees for loan services.