Banking

Wouldn’t it be nice if we could store our money in a piggy bank so it would be right at our fingertips? But in a world complicated with loans, thieves and online giving, banks are a dire necessity. What are some best practices when it comes to Banking?

Top 10 Reasons Church Loans are Declined

August 15th, 2019|Comments Off on Top 10 Reasons Church Loans are Declined

Join Fletch and leaders from Thrivent for an insider’s look into church loans. Both Chris Lewis and Teresa Loker have extensive experience that can pull back the curtain on these issues. When your church is [...]

Successful Church Project Planning

August 15th, 2019|Comments Off on Successful Church Project Planning

Getting a church loan is an area that most church leaders find murky and complicated. Chris Lewis from Thrivent has expertise from his years of helping churches with their borrowing capacity. The video ranges from [...]

Should Your Church Consider a Cell Tower Lease?

September 13th, 2016|Comments Off on Should Your Church Consider a Cell Tower Lease?

A sales rep stops by your church office with a simple offer. Your building is ideally suited to be a cell phone tower. The equipment will be practically invisible. If you lease the space to [...]

Use Technology to Keep Staff Safe and Cash Secure

August 1st, 2016|Comments Off on Use Technology to Keep Staff Safe and Cash Secure

How do you deliver ministry funds, like Sunday’s offerings, to your bank? A priest in Chicago learned the hard way that making a weekly trip to the bank is a risk that’s not worth taking. According [...]

Negotiating a Loan and Saving $17,000 Per Month

April 23rd, 2016|Comments Off on Negotiating a Loan and Saving $17,000 Per Month

It isn’t very often that you get to save $17,000 per month for your church. I was able to do just that by refinancing my church’s debt while maintaining a strong local relationship with a [...]

What If Your Bank Closed Your Accounts Tomorrow?

March 15th, 2015|Comments Off on What If Your Bank Closed Your Accounts Tomorrow?

Things don’t always turn out the way we expect. Some call this Murphy’s Law. Sociologists call it the Law of Unintended Consequences. People who work with money have long recognized this. In 1691 John Locke was [...]

Five Questions to Ask Your Banker

December 27th, 2014|Comments Off on 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 [...]

Is Your Church Reaching Its Budget?

September 5th, 2014|Comments Off on Is Your Church Reaching Its Budget?

Would it surprise you to learn that, of the churches recently surveyed by Giving Rocket, only fourteen percent were meeting or exceeding budget? Knowing that churches rely entirely on donations to survive, not meeting the [...]

Purchasing and Financing Existing Facilities Today

June 4th, 2014|Comments Off on Purchasing and Financing Existing Facilities Today

When it comes to managing facilities expansion in most dynamic churches, many people think first of building a brand new facility. But in today’s changing world, there are good reasons a church should seriously explore [...]