The Susquehanna Conference of the United Methodist Church (the “Conference”) maintains a separate account within the Conference designated as the Loan Fund (the “Fund”). The Fund is administered by the Conference’s Loan Committee which is amenable to the Conference’s Council on Finance and Administration.
The Fund exist primarily to extend loans to United Methodist Churches located within the Conference to acquire, construct, renovate and repair church property (including parsonages). The Fund does not extend loans to individuals nor does it make operating loans, extend lines of credit or finance vehicles or office equipment.
The source of funds for these loans is the offer and sale of unsecured investment certificates (the “Certificates”) solely to (i) United Methodist Churches located within the Conference in Pennsylvania, (ii) individuals who, at the time of purchase, certify that they are members of or attending a United Methodist Churches located within the Conference in Pennsylvania, are at least 18 years of age and bona fide residents of Pennsylvania, (iii) clergy (as defined in the current Book of Discipline of the United Methodist Church) of the Conference who are bona fide residents of Pennsylvania, (iv) the Conference, (v) the Northeastern Jurisdictional Conference of the United Methodist Church (vi) organizations with their principal place of business in Pennsylvania affiliated with the United Methodist Church whose related controlling entity is the Conference and (vii) an eligible Cemetery Association.
For more information about loans or investments available through the Fund please click on the respective links to the right.
You may also contact the Loan Fund office at (717) 766-5275 for more information.