Types of Investments


  • Ready Cash Account: A readily accessible demand investment that offers a great return with no early withdrawal penalties. This investment is available to individuals, churches, and businesses.
  • Time Certificates: Our time investments provide the stability of fixed rates and are available in 1-year, 3-year, and 5-year terms. 
  • IRA: An IRA (Individual Retirement Account) is a personal savings plan that provides income tax advantages to individuals saving for retirement purposes.

    • Neither CFR nor its representatives give legal, accounting, or tax advice. We always suggest that you consult with your tax advisor as to the applicability of this information to your own situation.

 

 




Rates of Return

Effective 11/1/08  Annual Yield
Minimum Initial Investment

Ready Cash


  4.00% ($100,000)
  4.25% ($100,000)

$5,000
1-Year Certificate 5.25% ($100,000)
5.50% ($100,000)
$10,000
$100,000
3-Year Certificate 5.50% ($100,000)
5.75% ($100,000)
$10,000
$100,000
5-Year Certificate 5.75% $10,000
Flexible Certificate Negotiable% $250,000
No- Term IRA
(Traditional or Roth)
4.00% ( $100,000)
4.25% ( $100,000)
4.50% ( $250,000)
$5,000
$100,000
$250,000
1-Year Term IRA
(Traditional or Roth)
5.25% $10,000



How to Invest

Follow these simple steps for investing with Christian Financial Resources.

Ready Cash (Individuals) & Certificates

  1. Review Prospectus
  2. Complete CFR Investment Application and W-9
  3. Mail completed forms with a check payable to CFR

Ready Cash (Churches & Businesses)

  1. Review Prospectus
  2. Complete Corporate Investment Application
  3. Complete Corporate Resolution and W-9
  4. Mail forms with check payable to CFR
IRAs (Individual Retirement Accounts)

  1. Review Prospectus (PDF)
  2. Fill out the CFR Investment Application and W-9  
  3. Complete one of the following IRA applications
    1. Transfer  - TRADITIONAL or ROTH (From current institution to CFR)
    2. Rollover   - TRADITIONAL (401k, 403B, etc)
    3. New         - TRADITIONAL OR ROTH (Start a new IRA)
  4. *Mail completed form to CFR.

    *Please note, if you are opening a NEW IRA, please include your initial investment made payable to Reliance Trust Company
    *IRA accounts are excluded from telephone transfers