Originally published on the Lake Union Herald website: https://www.lakeunionherald.org/archive/articles/access-to-lake-union-revolving-fund-now-available-at-your-fingertips
JERMAINE JACKSON JUNE 20, 2024
We are pleased to announce the arrival of the Lake Union Revolving Fund online portal. You’ll be able to access your account from a computer or smart device.
You can open an account, make deposits and transfers, track your history, even assign beneficiaries, all in minutes—anytime and anywhere. It’s highly secure, using today’s leading security standards to protect your information.
In case you’re not aware of the revolving fund, here’s some background information.
In 1993, the Lake Union Conference established an incredible ministry, a monetary fund called the revolving fund, which allows our members to take their personal finances and deposit them into this investment fund, receiving quarterly interest. Your local church can participate, as well. Now, this may seem like an ordinary savings account with your local bank, but there’s nothing ordinary about it. By depositing into the revolving fund, your dollars are assisting local schools, churches, and even your local conference with ministry projects necessary to grow God’s mission. Therefore, while your deposited funds are in an account receiving interest, those same funds are being used to help build a church or school in this Union territory.
Stewardship is more than just giving money to your church. It’s a financial way of life. It includes how you manage your money, savings and budgeting, planned giving (passing on your financial resources after death), and most importantly, honoring God with what He has blessed you with. By using your financial resources to deposit in the revolving fund, you’re committing to saving money while gaining interest. At the same time, your funds are being used to help build and renovate churches and schools and other projects in the Union territory.
Take the next step and partner with the revolving fund. Depositing your funds, maintaining access at any time, earning quarterly interest, above-typical savings accounts rates, all while allowing your funds to support and enhance local churches, schools and area conferences.
Note: For current depositors, important details have been sent to you regarding account and processing changes. New applicants must be 18 or older to sign up. Accounts for minors can be established with parental partnership.
Jermaine K. Jackson is associate treasurer and stewardship director for the Lake Union Conference.