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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.

 


General Information on IRA Investments

An investment in a BGC Cornerstone Fund IRA is a great way to support the ministry of the Fund while taking advantage of the tax benefits of an IRA.

The BGC Cornerstone Fund issues Traditional and Roth IRA investments. An investment in a BGC Cornerstone Fund IRA is a demand type of investment that carries no early redemption penalties assessed by the Fund. A BGC Cornerstone Fund IRA can be opened with as little as $10. Generally you can contribute up to a maximum of $5,000 for year 2008.

Please click on the IRA Retirement Center in order to:

  1. open an IRA and make an initial contribution
  2. move assets from an IRA at another financial institution
  3. move assets from an employer-sponsored retirement plan

You complete the application/form(s) on-line but are required to print, sign, and mail the application/form(s) to Cornerstone.

The IRA Retirement Center also provides information on retirement issues that could help you in planning for retirement.

You can start investing today and add to your IRA at any time.

  1. Open an IRA with an initial investment.
  2. Mail subsequent investments to the Fund with the tear-off portion from your receipt.
  3. Transfer funds from another IRA account or rollover funds from another qualified plan.
  4. Direct Investment Option – The direct investment option allows you to make regularly scheduled investments with the Fund. You are able to schedule a transaction (minimum $10) for the 1st and/or 15th of each month. You are able to cancel your direct investment transfer at any time. We require an authorization document along with a voided check or deposit slip to set up this feature.

Before investing in an IRA you will need to read our Offering Circular.

If you have any questions regarding a Cornerstone Fund IRA or desire further assistance, please contact us at 1.800.323.4215 or email csfund@baptistgeneral.org.

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