Earn a great rate of return while supporting ministries nationwide.
-
Penalty-Free Access Rate Note
APY*
|
APR*
|
Type
|
---|---|---|
1.51%
|
1.50%
|
30 Day Access
|
Conditions
- $250 minimum to open and maintain
- Rate is variable and can change from time to time
- Early redemption allowed with a 30-day written notice
-
Fixed-Rate Note
APY*
|
APR*
|
Term
|
---|---|---|
5.12%
|
5.00%
|
6 Month
|
4.59%
|
4.50%
|
12 Month
|
4.33%
|
4.25%
|
18 Month
|
3.82%
|
3.75%
|
2 Year
|
3.56%
|
3.50%
|
3 Year
|
3.04%
|
3.00%
|
5 Year
|
Conditions
- $250 minimum to open and maintain
- Rate fixed for term
- Written request required for
early redemption - Request processed within 30 days
Penalty
- Previous 6 months’ interest on full
note balance from date of the redemption request
-
Fixed-Rate IRA
APY*
|
APR*
|
Term
|
---|---|---|
5.12%
|
5.00%
|
6 Month
|
4.59%
|
4.50%
|
12 Month
|
4.33%
|
4.25%
|
18 Month
|
3.82%
|
3.75%
|
2 Year
|
3.56%
|
3.50%
|
3 Year
|
3.04%
|
3.00%
|
5 Year
|
Conditions
- $250 minimum to open and maintain
- Rate fixed for term
- Redemptions require a
Distribution Form - $10 annual custodial fee; first year’s fee due when new IRA is opened
Penalty
- Previous 6 months’ interest on full note balance for transfers to a new custodian prior to maturity
- IRS penalties vary according
to the IRA type
*APY = Annual Percentage Yield assumes all interest is left in the investment and compounded. Rates subject to change. Past performance is no guarantee of future results. GenFi Ministries’ securities are not Saving Accounts or Bank Deposits and they are not FDIC or SIPC insured. This is not an offer to sell our securities and we are not soliciting you to buy our securities. We will offer and sell our securities only in states where authorized. The offering of our securities is made solely by our Offering Circular. The Notes are unsecured debt securities subject to terms, conditions and risks described in our Offering Circular, including risk of possible loss of the amount invested. Payment is dependent on GenFi Ministries’s financial condition at the time payment is due. Potential investors are urged to carefully read our Offering Circular before making an investment decision.