Any Florida resident may open a participation account in the Development Fund with a minimum investment of $100. Money deposited in the Development Fund earns a higher rate of interest than most commercial savings, money market or certificate of deposit accounts.  Interest is accrued from the time of deposit until the time of withdrawal.  Money is available, without penalty, on demand.  Earnings are reported quarterly. 

Investors in the Development Fund also earn the satisfaction of knowing that their money is being used to further the work of the United Methodist Church.  The Development Fund, with more than $83 million in assets, supplies low-interest loans to churches and conference agencies.  Since 1976, the Development Fund has loaned more than $120 million in loans conference-wide, with no defaults.  Every loan has been repaid in full and no investor has lost a penny by investing in the Development Fund.

The interest rate is set by the Foundation Board of Directors and is subject to review and/or change on a quarterly basis. Savings and loan rates are posted on this website and printed in the Foundation’s newsletter, or may be obtained by calling the Foundation toll-free at (866) 363-9673, ext. 100, or by emailing us at: Foundation@fumf.org.

View a history of Development Fund rates.

This website does not constitute, and must not be construed as, an offer to sell or the solicitation of an offer to purchase the securities identified on the site.  Such offers may legally be made or solicited only by way of a written offering circular containing full and fair disclosure of all material information.  To request an offering circular on the Development Fund, Contact Us.