We understand that leadership has many decisions to make about the stewardship of your organization’s funds.
All of these questions are important considerations a CEO, Pastor, and/or finance council must make.
The Catholic Community Foundation’s new Catholic Savings Program provides three different savings options that provide above market returns to you all while supporting our community.
Your organization gets a competitive interest rate with immediate access to your funds should your investment criteria change — and, with no market fluctuations.
1Rates are guaranteed for the first three months and are subject to change in any given period. Interest is earned daily, but credited quarterly.
*Term deposits are subject to forfeitures if there is withdrawal before the completion of the agreed upon time period. Please request the full agreement by contacting a member of our team for more information.
Did you know that since 2015, the Catholic Savings Program has directly resulted in $685,000 of funds returned to our community?
When organizations invest in a Catholic Savings Fund, they not only help their own mission but also reinvested back into the entire Catholic community in Arizona.
Investment Option | Guaranteed Rate | Principal Protected | Interest Rate | Liquidity |
---|---|---|---|---|
Catholic Savings Fund - Flexible Account | Yes | Yes | 1.75% | Yes |
Catholic Savings Fund - 1-Year Fixed Term Account | Yes | Yes | 2.50% | Yes* |
Catholic Savings Fund - 2-Year Fixed Term Account | Yes | Yes | 3.00% | Yes* |
* While funds can be taken from the account at any time, all withdrawals prior to term completion from the fixed term account are subject to a forfeiture of interest or up to 1% of the fund balance.
The Catholic Community Foundation provides organizations with a multitude of investment options depending on the level of risk and length of the investment timeline.