Impact Investing with TMF
1 Year - 1.75%
2 Year - 2.00%
3 Year - 2.55%
4 Year - 2.95%
5 Year - 3.15%
*Rates effective Jan 1, 2019. Rates subject to change. The purchase of TMF’s securities is subject to risks, which are described in our Offering Circular. This is not an offer to sell you our securities and we are not soliciting you to buy our securities. We will offer and sell our securities only in states where authorized. The offering is made solely by the Offering Circular. Past performance is no guarantee of future results. TMF investments are used for the benefit of the United Methodist Church (UMC) in different ways including TMF loans, which directly and indirectly supports ministries and missions. TMF will give five basis points towards every $1,000 invested in Impact Investing to the investor’s church during the promotional period, if stipulations are met.
Fixed Rate Notes have a maturity date determined at the time the investment is made (or, as applicable, at the time of renewal.) Except as provided below, principal may not be withdrawn from this account before the maturity date (including any renewal thereof) without the consent of Texas Methodist Foundation (“TMF”), and a penalty will be charged for such early withdrawal. The penalty for a Fixed Rate account is four (4) months interest on the principal amount withdrawn. The penalty will be charged first against any interest then in the account and then from the principal. This early withdrawal penalty and TMF’s consent will be waived if: (i) the account owner dies or is declared incompetent, or (ii) if the account is an IRA account and the request for withdrawal is made within seven days of establishing the IRA account in which event the entire amount will be returned without payment of interest. Upon maturity a fixed rate account shall be automatically converted to a variable rate investment account unless the funds are withdrawn or another fixed rate investment opportunity is offered to and specifically chosen by the undersigned.
Not FDIC or SIPC insured. Not a bank deposit. No UMC guarantee.