Development Fund Rate Change

During this trying time for all of us, the Alabama-West Florida United Methodist Development Fund and its Board of Directors voted to lower our mortgage interest rate from 4.25% to 3.95%, effective May 1, 2020. We are making this adjustment to all loans, both new and existing. Interest earned from deposit accounts will also be slightly lowered from 1.75% to 1.1%.

If you have any questions, please do not hesitate to contact us.