Current Cornerstone Fund Rates
Rates are posted as of May 13, 2008
and are subject to change without notice.
and are subject to change without notice.
| Investment Rates | ||
Interest Rate |
Annual Yield (APY) |
|
| Money Market (min. investment: $100) |
||
| Flexible Demand Note |
1.250% |
1.254% |
| Term Notes (min. investment: $1,000) |
||
| 6 months | 3.375% |
3.403% |
| 12 months | 3.500% |
3.531% |
| 18 months | 3.625% |
3.657% |
| 30 months | 3.750% |
3.785% |
| 60 months | 3.875% |
3.912% |
|
This is not an offer to sell our securities to you and we are not soliciting you to buy our securities. We will sell our securities only in states where authorized. The offering is made solely by our Offering Circular, which may be obtained by calling us at (888) 822-3863. Our securities are not insured by the FDIC or any other state of federally regulated institution. Rates may change without notice. |
||
| Loan Rates | |||
Margin & Index |
Rate Caps |
Current Rate |
|
| Adjustable Rate No Balloon |
|||
| Six months | 2.75% LIBOR |
1% & 6% |
6.250% |
| One year | 3.00% US Treasuries |
2% & 6% |
6.750% |
| Three years | 3.25% US Treasuries |
2% & 6% |
7.125% |
| Fixed Rate Balloon |
|||
| Five years | 7.500% |
||
| EcoLoan | |||
| A special program for churches wishing to make "green" improvements to their building and grounds, the EcoLoan offers a modified application, reduced closing costs, a maximum loan amount of $75,000 and a choice of any of the loan rates listed above. | |||
| Revolving Line of Credit | |||
| With a maximum line of $75,000, amortized over a five-year term, the Revolving Line of Credit offers churches important flexibillity with the option of interest-only monthly minimum payments. | |||
| Adjustable Rate | 5.750% | ||
All loans are available with payment terms of 5 to 30 years. The interest rate on a Cornerstone Fund loan is set at the time of loan approval and is guaranteed for 60 days. If the loan does not close within the 60 day period, the interest rate will be subject to market conditions.
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Investing from the heart, building for the future.™
This is neither an offer to sell nor a solicitation of an offer to invest. The offer is made only by the offering circular.