By General Baptists, For General Baptists
General Baptist Investment Fund is offering a new one-year certificate of deposit paying 5.00 percent interest (AAPY 5.06) on a minimum deposit of $100,000.
GBIF is also offering certificates of deposit for the following durations and interest rates.
| Minimum Deposit $100.00 | |||
|
Simple Interest |
AAPY |
||
| 3.50% |
no penalty for withdrawal |
|
|
| 4.25% | for 12 months | 4.30% | |
| 4.30% | for 24 months | 4.44% | |
| 4.35% | for 36 months | 4.59% | |
| 4.50% | for 60 months | 4.98% | |
|
Minimum Deposit $1,000.00 |
|||
|
4.00% |
for 6 months | ||
|
Minimum Deposit $10,000.00 |
|||
|
4.85% |
for 12 months | 4.91% | |
|
Minimum Deposit $100,000.00 |
|||
|
5.00% |
for 12 months | 5.06% | |
Rates effective March 20, 2008.
These rates are competitive and benefit General Baptists with loans for church buildings and ministry. Call Barbara Williams or Steve Naff at 573-785-7746 for details.
Who We Are
God extends many blessings and opportunities to those who are faithful to His cause. For more than 100 years the General Association of General Baptists provided no permanent reserve from which its member churches could borrow funds for buildings and other expansion needs.
The General Baptist Investment Fund is an institutional ministry incorporated in the state of Missouri as a not-for-profit entity under Section 501 (c) (3) of the Internal Revenue code. The GBIF is a subsidiary of the General Association of General Baptists, through its Council of Associations, Inc. However, the GBIF is totally dependent upon generating its own revenues. No denominational funding has been applied to this ministry.