G B I F
General Baptist Investment Fund, Inc.
NOTICE----------- Effective June 5, 2012 and until further notice:
All Demand CDs were changed to 2.50% on December 15, 2011
These renewal rates will be effective for term CDs upon maturity:
Please call if there are questions. 573-785-7746 Steve Naff or Barbara Williams
FAQs - Frequently Asked Questions
For more than 100 years the General Association of General Baptists provided no permanent reserve from which its member churches could borrow funds for building and other expansion.
Sensing this to be an urgent need, in 1974 the General Baptist Home Mission Board took the initiative to develop and incorporate a not-for-profit entity known as the General Baptist Investment Fund (GBIF). The challenge went out inviting individuals, churches, and other denominational entities to deposit funds in interest bearing accounts with GBIF. The response has been very successful.
Through GBIF, General Baptists have proven their ability to utilize personal resources in a way which is profitable to themselves, and to establish and maintain a self-perpetuating loan fund which continues to be a blessing to many churches and other denominational auxiliaries.
The GBIF exists solely to lend money to General Baptist churches and related organizations with these objectives:
Relationship to the Denomination
The GBIF 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.
Steve Naff - President/CEO