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Fixed-Rate Certificates

 

Minimum Investment

Term

$100

$30K

$100K

$250K

6 mo

3.875%

--

4.000%

4.125%

1 yr

4.250%

--

4.375%

4.500%

2 yr

4.375%

--

4.500%

4.625%

3 yr

4.625%

--

4.750%

4.875%

4 yr

4.750%

--

4.875%

5.000%

5 yr

4.875%

5.000%

5.125%

5.250%

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

5.125%

$100,000

5.250%

  Rates effective: 7/31/2008

  Subject to change w/o notice.

 


There are lots of ways to invest your money: bank CDs, stocks, bonds, mutual­ funds, collectibles. All of these can be good investments — but they don’t change lives.

Converge Worldwide (BGC) Cornerstone Fund was established as an Illinois not-for-profit corporation in 1989, taking over the operations of the Revolving Building Trust (established 1954). The Fund’s objective is to help Converge Worldwide (BGC) churches, districts, and affiliated ministries meet facility needs through competitive financing. Since its inception, the Fund and its predecessor have financed more than 750 building/remodeling projects within the BGC — buildings where the Word of God is preached, the Lord is worshiped and lives are transformed by the gospel.

This ministry, is possible because of the support of our investors, who not only receive a competitive return on their investment compared to like term investments, but also have the satisfaction of knowing they are helping ministries throughout the BGC.

Interest rates on Converge Worldwide (BGC) Cornerstone Fund certificates­ are competitive with interest rates offered on other like term investments. The Fund offers a variety of investment options, including demand certificates, and term certificates with maturities ranging from 6 months to 5 years. Tiered interest rates on our term certificates allow you to earn even greater interest as your balance increases.

Investments offered through the Fund are open to members of, con­tributors to, participants in, and affiliates of the Baptist General Conference.


ADDITIONAL SERVICES:

  • Individual Retirement Accounts (IRAs)

  • Direct Investment via ACH

  • Interest Payments via ACH

  • Church Savings Certificates

The Fund’s assets are managed by a Board of Directors and professional investment counsel. They work hard to keep overhead low and the balance sheet strong. In addition, a dedicated Christian staff works full-time managing the day-to-day operations of the Fund.

  • Converge Worldwide (BGC) Cornerstone Fund and its predecessor have never missed a payment of principal or interest to an investor.

  • Converge Worldwide (BGC) Cornerstone Fund maintains at all times cash and marketable securities equal to 8% of all outstanding liabilities.

  • Overhead costs and operating expenses are kept to a minimum to ensure that investors receive competitive interest rates, compared to other like term certificates, on their investments.


To download a copy of this brochure, click here.

The BGC Cornerstone Fund is a ministry of Converge Worldwide (BGC).