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 exists 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, finance vehicles or office equipment or participate in loans originated by others. Assets of the Fund may be made available to the Conference primarily for financing capital improvements of the Conference.
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 certify that they are members of 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 and (v) the Northeastern Jurisdictional Conference of the United Methodist Church.
For more information about loans or investments available through the Fund please click on the respective links to the right.
You may also contact Jeff Bingaman, Loan Fund Specialist at 717.766.5275 for more information.