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Atlantic Union Revolving Fund (AURF)

     

 

The Atlantic Union Revolving Fund was established more than twenty-five years ago to help provide capital project loans to denominational churches, schools, and institutions within the Atlantic Union territory. Funding for these loans come from deposits made by these organizations and by individual members of churches belonging to the Atlantic Union Conference. A demand note is issued for each deposit made and a promissory note required for each loan given. Granting of loans requires approval of the local conference, sufficient deposits from that conference available for loans, and meeting NAD (North American Division)/Union policies and guidelines.

The Revolving Fund is not a bank or credit union nor are the deposited funds insured by the FDIC or any other agency. The spread between the interest rate charged for loans and that paid on deposits is used to build a reserve fund.

Organizations that are a part of the official church structure in the Atlantic Union or individuals that are currently members of a church belonging to the Atlantic Union Conference can obtain additional information about the Revolving Fund by:

  • writing the Revolving Fund at PO Box 1189, South Lancaster, MA 01561-1189
  • calling the Revolving Fund at 978-368-8333 Ext .3005
  • sending an e-mail to revolvingfund@atlanticunion.org

 

Violet Bidwell
Violet Bidwell
Revolving Fund
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400 Main St., PO Box 1189, So. Lancaster, MA 01561Phone  (978) 368-8333 Fax (978) 368-7948
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