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Fixed-Rate Certificates

 

Minimum Investment

Term

$100

$30K

$100K

$250K

6 mo

3.750%

--

3.875%

4.000%

1 yr

4.125%

--

4.250%

4.375%

2 yr

4.250%

--

4.375%

4.500%

3 yr

4.500%

--

4.625%

4.750%

4 yr

4.625%

--

4.750%

4.875%

5 yr

4.750%

4.875%

5.000%

5.125%

Demand Certificates

Minimum Investment

Interest Rate

$100

3.500%

Church Savings Certificates

Minimum Investment

Interest Rate

$5,000

3.625%

Individual Retirement Accounts

Minimum Investment

Interest Rate

$10

5.000%

$100,000

5.125%

  Rates effective: 7/10/2008

  Subject to change w/o notice.

 


Financial Information

During the calendar year of 2007, we committed $19.9 million in new loans to 21 different churches and ministries of Converge/BGC.

BGC Cornerstone Fund Growth Chart
BGC Cornerstone Fund Growth
(Select the image to see an expanded view)

As of 6/30/08 the Fund has a total of $88.1 million in outstanding loans to 107 conference churches and ministries. These are buildings where the Word of God is preached, the Lord is worshiped and lives are transformed by the gospel.

  • The Board of Directors maintains at all times cash and marketable securities equal to 8% of all liabilities.
  • Overhead and Operating costs are kept to a minimum to ensure that investors receive competitive interest rates compared to like term investments.
  • The Fund’s investments are managed by a Board of Directors and professional investment counsel.

If you are interested in investing with the Fund; please call us at 1.800.323.4215 or visit our investment opportunities.


The BGC Cornerstone Fund is a ministry of Converge/BGC.