Deposit Rates, effective 4/1/2024:

Certificate of Participation $1000 minimum deposit

  • 6 months 3.60%
  • 9 months 3.75%
  • 1 year 4.85%
  • 18 months 4.90%
  • 3 years 5.00%
  • 5 years 5.15%
  • IRA Certificate 5.00%


Demand Account $25 minimum

  • Demand Accounts earn 2.50%
  • IRA Demand Account 2.50%

All rates are subject to change.

Who Can Deposit?

Individuals affiliated with Wesleyan-based churches, including but not limited to the United Methodist and Global Methodist churches who reside in the following states may make a deposit:

  • Indiana
  • Illinois
  • Kentucky
  • Hawaii
  • Florida
  • Michigan
  • Texas
  • North Carolina (in some cases)

What is a United Methodist Affiliation?

  • A member, contributor, or participant of a Wesleyan-based church, including but not limited to the United Methodist and Global Methodist churches (hereafter referred to simply as a Wesleyan-based church)
  • An employee of a Wesleyan-based church entity
  • A person who is a spouse, parent, child, or grandchild of a Wesleyan-based church member, contributor, participant, or employee
  • Wesleyan-based churches and agencies in the state of Indiana may also make deposits.

You must be at least 18 years of age or have an adult co-owner.

Deposit Types

The following options are available to make a deposit in the Loan & Savings Ministry:

  • Demand Account — You can open a demand account with as little as $25, and you can make withdrawals at any time. Prior to May 1, 2023, we referred to these accounts as Savings Accounts.
  • Certificates of Participation — With a minimum of $1,000, you can open a Certificate of Participation. Early withdrawal does initiate a penalty. 6, 9, or 18 month or 1, 3, or 5 year investment terms are available.
  • IRA Investments — You can make an IRA investment in a demand account or in three-year certificates. Contact our office for more information and forms.

Open an Account

To open an account, please follow these instructions:

  1. Read the offering circular – 2023 Offering Circular
  2. Fill out either a Certificate of Participation or a Demand Account application form.
  3. Mail your completed application, along with a check for your investment, to the Loan & Savings office.

To request a first-time depositor packet, which includes an offering circular and a Certificate of Participation or Demand Account application form, email us or call us at 877-391-8811.