Welcome to Synod of the Pacific
|
Synod of the Pacific Assembly May 5-7,
2021 |
Investments:
Starting May 1, 2021, The Synod of the Pacific will no longer be mailing paper statements for all the Investment accounts. If you would like to register for online access to view statements and transactions, please complete the online access form located at the top left of this page. You do NOT need to provide your social security number anymore. We can use the Church TIN.
Effective January 1, 2021, the Synod of the Pacific will be lowering rates on the Demand Account, 6 month Mission Development Certificate, and the 1 year Mission Development Certificate based upon action taken by the Mission Finance Committee. The change will apply to all Demand Accounts and for all new 6 month and 1 year MDC accounts opened
If you have any questions, please
contact, Danielle Williams, Investment and Loan Coordinator at 707-765-1772
ext.11 or danielle@synodpacific.org
New Investment and Loan interest rates effective 1/1/2021:
Investment Interest Rates Loan Interest Rates
*Eligible for Mission Giving discount of up to .75%
Minimum Deposit to Open Investment
Under no circumstances can a depositor deposit, draw or close an MDC during its term.
Investment Interest Rates Loan Interest Rates
| All Custodial Demand | 1.000% | All Line-of-Credit Loans | 5.00%-5.75%* |
| New 6 Month MDC | 1.500% | All Amortized Loans | 4.75%-5.50%* |
| New 1 Year MDC | 1.750% | New Muzzy Amortized Loans | 3.75%-4.50%* |
| New 2 Year MDC | 2.150% | New Muzzy LOC Loans | 4.00%-4.75%* |
| New 3 Year MDC | 2.350% | New Green Loans | 3.75% |
| New Insurance Loans | 2.25% |
Minimum Deposit to Open Investment
| Demand Account | $1,000 |
| 6-Month MDC | $1,000 |
| 1, 2 & 3-Year MDC's | $1,000 |
Grant Funds are available through the Synod of the Pacific's
Mission Partnership
Synod of the Pacific offers Mission/Ministry grants through it Mission Partnership. Your project may be eligible for one.
Emerging Need Grant
Emerging Need Grants were established in 2006, to provide funding assistance to Presbyterian Entities that have an emerging (suddenly arising) ministry or mission project which had not been included in their member Presbytery's or Synod's current year's fiscal budget.
Emerging Need Grants were established in 2006, to provide funding assistance to Presbyterian Entities that have an emerging (suddenly arising) ministry or mission project which had not been included in their member Presbytery's or Synod's current year's fiscal budget.
Hilda V. Thompson Medical Ministry Fund
Hilda V. Thompson, a former member of First Presbyterian Church, Soda Springs, left a gift of her working ranch and investment portfolio to five recipients including the Synod of the Pacific.
Hilda V. Thompson, a former member of First Presbyterian Church, Soda Springs, left a gift of her working ranch and investment portfolio to five recipients including the Synod of the Pacific.
Through this bequest a Medical Ministry Fund was established offering grants for "medical services for people in need in the United States".
Applicants may seek a one to three year reducing grant, not to exceed an initial grant of $5,000.00.
Preference is given to Parish Nursing Programs, however, applications that focus on health screening, preventive education, or caregivers support are given favorable consideration.
Opportunity Fund Grants
In 2008, the Opportunity Fund was established by the Synod's Mission Partnership in order for separate entities to come together for a specific project/mission within the Synod of the Pacific. Entities could be two churches, a church and a presbytery, a presbytery and Synod, or any combination as long as one entity is Presbyterian.
In 2008, the Opportunity Fund was established by the Synod's Mission Partnership in order for separate entities to come together for a specific project/mission within the Synod of the Pacific. Entities could be two churches, a church and a presbytery, a presbytery and Synod, or any combination as long as one entity is Presbyterian.
Restrictions for the type of project are few because opportunities come in a variety of shapes and sizes.
March 31st: Deadline for grant application review at May Stated Synod Assembly.
August 31st: Deadline for grant application review at October Stated Synod Assembly.
