Five Questions to Ask Your Banker

What’s on your XP to-do list as the New Year approaches? Year-end giving, for sure. Which is precisely why another item should be on your list. You need to talk with your banker. Why? The annual [...]

By | 2016-10-12T10:59:46+00:00 December 27th, 2014|Banking|

Congratulations to GuideStone

Congratulations to our friends at GuideStone for this significant award!  We are posting this press release as a way to say both "thanks" and "congratulations" to GuideStone---one of our loyal sponsors of our annual XP-Seminar! [...]

By | 2014-12-29T16:11:40+00:00 March 22nd, 2014|Banking|

Liquidity: How Much is Enough?

We have all either heard or uttered the phrase, “How much is enough?” and the answer always seems to be, “Just a little bit more!” For ministries, resources are limited. Determining how much liquidity is [...]

By | 2016-10-12T11:01:36+00:00 December 5th, 2012|Banking, Cutting Budgets|

How to Look Like a Borrower

One of the most significant events in the life of your church is preparing for a building project. A new building can mean an opportunity to start new ministries and grow those that exist. It means touching more [...]

By | 2016-10-12T11:01:36+00:00 December 5th, 2012|10 Year Planning, Banking, New Building|

Handling Cash

Consider the following scenarios:  (1) A newspaper headline reads: “Sticky Fingered Deacon Pads Wallet with Offering Plate Funds.” Nobody wants this humiliating portrayal of their church to appear in the paper. (2) A senior pastor dreads [...]

By | 2016-10-12T11:01:36+00:00 December 5th, 2012|Audits, Banking, Legal|

Financial Statements Matter

“What is more, he (Titus) was chosen by the churches to accompany us as we carry the offering, which we administer in order to honor the Lord himself and to show our eagerness to help. [...]

By | 2016-10-12T11:01:36+00:00 December 5th, 2012|Audits, Banking|

Is Your Data Secure?

Think for a moment. Where do you keep information about your congregants or donors? In an Excel file on someone's desktop computer? An Access database housed on your laptop? If someone were to steal your [...]

By | 2016-10-12T11:01:36+00:00 December 5th, 2012|Audits, Banking, Legal|