GROW GOD’S KINGDOM AND YOUR SAVINGS AT THE SAME TIME.
COVID-19 Statement Regarding Loan Payments
Our prayers go out to all our churches, pastors and communities who have been affected by COVID-19. We want to walk alongside you as you navigate what this means for your church and your staff. We are aware the economic impacts resulting from this pandemic are being felt by our churches and pastors. If there is an inability for pastors, churches or other organizations to meet their loan obligations, we welcome them to contact the Winnipeg office where we will evaluate loans on a case by case basis. While government initiatives for the big banks and CMHC don’t apply to CCMBC Investments, we are continuing to review the situation and our staff and board are looking for opportunities to provide some form of short term relief to the pastors and churches that have taken out loans with us.
You can now earn 1.40%* on your registered savings while enabling God’s Kingdom to grow by providing churches and pastors with mortgages.
For any investments to new or existing accounts, you must first contact Capstone Asset Management at 1-855-437-7103 to fill out some paperwork (called a Subscription Agreement) prior to sending funds to us. You can also ask them about setting up monthly contributions.
After completing your Subscription Agreement, you can send your funds to us by any of the ways listed below. Funds need to be cleared and in our bank account by closing date each month to be eligible for that month’s interest earnings.
The deadlines for November are as follows:
o The closing date is Friday, November 27
o Last day for signing Subscription Agreements is Wednesday, November 25
o Online banking must be sent by Wednesday, November 25
o Regular cheques must be received by us by Thursday, November 19
o Bank drafts, money orders, or certified cheques must be received by us by Thursday, November 28
To learn more please call us at 888.669.6575
* Rates are adjusted bi-annually on January 1 and July 1 each year. CCMBC Investments Ltd through CCMBC Legacy Fund Inc is fully compliant with all government regulations pertaining to registered funds. The primary focus of the funds is to provide churches, pastors and related MB entities with mortgage loans.