Since 1959, EMM has been investing savings from individuals and organizations in churches, colleges, hospitals, retirement homes, schools, and church camps. Investing in these kinds of church capital projects allows people to invest in the church's future and to avoid helping to finance military and worldly enterprises.
Our interest rates are modest, so that borrowers (young churches and other Mennonite agencies) do not need to pay us high rates for the use of these funds. We charge borrowers at least one percent above EMM's "index" (based upon the total cost of all notes payable in the Investment Fund) to cover administration and audit expenses.
As of November 2018, EMM offers on-demand notes at an interest rate of 0.25%, one-year promissory notes at an interest rate of 1.0%, and three-year promissory notes at an interest rate of 2.0%. EMM also welcomes interest-free on-demand promissory notes. Each of these notes has a minimum purchase price of $500.
