Investment Services
A Brief Overview
The Alliance Development Fund, Inc. (ADF) is the official securities program and lending arm of The Christian and Missionary Alliance (C&MA). Our purpose is to create a source of funds for making loans to C&MA church congregations, districts and affiliated organizations for their use in acquiring, constructing, or remodeling churches, parsonages or other ministry-related construction projects. ADF assets have grown from $5 million to over $230 million since the program began in 1978.
The Six-Month Certificate allows you the opportunity to invest at rates above what is generally available from money market accounts and does not require you to tie up your resources for one or more years.
Also, ADF offers you a choice in how to put your certificate interest to work with the Accrual Certificate. The accrual certificate provides semiannual compounding. Of course, the standard certificate affording you the opportunity to have regular interest payments sent directly to you is available.
We can’t forget the No-Cost IRA. Both Traditional and Roth are available and ADF pays the fees so that your investment grows even faster. If you currently have an IRA, consider what ADF can do for you and what you can do for the Kingdom.
If you put away funds for a rainy day in a savings account, how about switching to ADF’s Individual and Church Savings Agreements. You can have a high interest-bearing savings account with ADF that provides loan funds for churches.
ADF’s 403(b) is available to participants in the C&MA Retirement Plan. This will allow participants to diversify their retirement investing into investments of varying risks while continuing to support ADF’s investment to build churches program. The best of both worlds in retirement savings.
Current Investment & Loan Rates
(as of May 15, 2010)
| Type | Rate |
|---|---|
| Six Month | 1.15% |
| One Year | 1.30% |
| Two Year | 2.10% |
| Three Year | 2.75% |
| Four Year | 3.00% |
| Five Year Fixed | 3.60% |
| Five Year Variable | 3.60% |
| Type | Rate |
|---|---|
| Individual Savings Agreement | 1.00% |
| Church Savings | 1.00% |
| Field Savings | 1.80% |
| Missionary Retiral Account (MRA) | 3.75% |
| Shell Point Agreement | 3.75% |
| IRA Agreement (Traditional/Roth) | 3.75% |
| Educational Savings Account (ESA) | 3.75% |
| 403(b) C&MA Ret. Plan | 4.50% |