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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
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Violet Bidwell
Revolving Fund
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