Great News: Our Loan Support Program

The Virginia United Methodist Development Company (DevCo) offers investment opportunities to United Methodist churches and individuals across the Virginia Conference. These investments earn excellent interest for DevCo investors and are in turn loaned to churches for land acquisition, capital projects, building improvements and debt refinancing.

DevCo has funded more than $37 million in loans, extending the hands of Christ by helping churches expand their ministry and mission. These loans have impacted more than 4,000 United Methodist church members, enhancing their ability to conduct missional outreach and service to the community.

In addition, we’d like to share some great news with you! DevCo’s Loan Support Program is another way you as an individual church member can support your own church. When you or your church make an investment with DevCo, you not only earn an excellent financial return, but you are also supporting your church by using your investments to lower the interest rate on your church’s DevCo loan. The interest rate set for the loan can be discounted based on the total amount of investments by members as well as the church investments in the fund.

More information on the loan support program can be found at www.vaumdevco.org.