Investments for Congregations
Congregation Savings
- Minimum Investment Required: $10.00
- Floating Interest Rate
- Compounded Monthly Interest
- Monthly Statements
Additions or withdrawals may be done at any time by check or Electronic Funds Transfer (EFT).
Building Fund
- Minimum Investment Required: $10.00
- Floating Interest Rate
- Compounded Monthly Interest
- Monthly Statements
Additions or withdrawals may be done at any time by check or Electronic Funds Transfer (EFT).
All withdrawals must be used for capital improvements. Invoices are required for disbursement of funds. A substantial penalty is charged for withdrawals for any other purpose.
Jumbo Investment
- Minimum Investment Required: $100,000.00
- Fixed Interest Rate
- 18-month Term
Not eligible for the Texas Two-Step Program. Additions or withdrawals may be done at maturity. The penalty for early withdrawal of funds is six month’s interest.
Fixed Rate Notes
- Minimum Investment Required: $500.00
- Fixed Rate Notes
- One-Year, Three-Year, or Five-Year Terms Available
Additions or withdrawals may be done at maturity. The penalty for early withdrawal of funds is three months’ interest for one-year and three-year notes and six months’ interest for five-year notes.
Floating Rate Notes
- Minimum Investment Required: $500.00
- Floating Interest Rate
- One-Year, Three-Year, or Five-Year Terms Available
Additions of $25.00 or more may be added at any time. Withdrawals may be done at maturity. The penalty for early withdrawal of funds is three months’ interest for one-year and three-year notes and six months’ interest for five-year notes.
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I love Texas Two-Step! Not only do I get an increased interest in my investment, but I also am able to partner with CEF in supporting my beloved Texas Partners in Mission!
We were glad we set aside money in CEF for a rainy day because our son will be getting married in July 2024. The Rainy Day helped us with our joyous rainy day.
The staff at Texas CEF are always available to help. They answer their calls cheerfully and are genuinely concerned about our financial needs.
Have Questions?
Reach out to one of our friendly staff and we will help answer any questions you may have.
Texas District Church Extension Fund is a nonprofit religious organization; therefore, CEF investments are not SIPC- or FDIC-insured bank deposit accounts. This does not constitute an offer to sell or a request to buy. The offer is made solely by CEF's Offering Circular.
Click here to view the Offering Circular and Terms and Conditions.