The CDF Board have reviewed interest rates at our February meeting and approved a 0.25% increase in rates for both investments and loans. The changes will be effective from 1st March 2023 and provide for Church entity standard loan rates of 6.05% and investment rates as below. Please contact the CDF for account specific values.
Investment Account | |
<$ 500,000 | 1.85% |
>$500,000 | 2.05% |