CCFS has negotiated a special group offer for Churches of Christ. Here are some of the benefits: Mobile and cabled terminals provided by NAB Free on-site instructions and demonstration Next day funds settlement Concessional pricing on terminal rental and transactions (see our website for details) No application fee No minimum term agreement No cancellation fee No church credit assessment required… Read more →
Yearly Archives: 2022
CrossCulture Point Cook saves thousands on loan interest through offset accounts
At a time of rising interest rates many churches with loans will be looking at their budgets and searching for ways to keep interest costs down. CrossCulture Point Cook completed their new church building in 2018 at a time when interest rates were declining. The development was designed to be a community asset and included an auditorium for church and… Read more →
Here’s how your investment can reduce your church’s interest bill
Church Builder Interest Offset accounts are one of two different offset accounts offered by CCFS. This product is available to church congregation members who wish to provide financial assistance for their church’s building activities. How does it work? CCFS holds the investment on behalf of the investor, with the investor always retaining ownership and control over their investment, whilst “donating”… Read more →
Expanding the mission in Western Australia
In January 2020, almost two and a half years ago, the Western Australia Building Extension Mutual Fund and CCFS joined forces in a national initiative to provide an expanded range of financial services to churches and investors in WA. Western Australian churches and investors have shown strong support for the initiative with debentures and loans increasing 300% in that time.… Read more →
CCFS partners with Emmanuel Christian Community Church Melbourne in the purchase of a new property
Emmanuel commenced in 2007 with a congregation of 30 gathering at Ringwood Church of Christ. Led by Pastor David Zam, the church of Falam Chin Christians, a minority ethnic group from the North-West of Burma, has grown to over 500 regular attendees. In June 2022 the church achieved a long-held goal of purchasing a property in Kilsyth South for development… Read more →
Digital ID continues to be a convenient option
The Australian government via AUSTRAC has increased its requirements on organisations like CCFS to identify our borrowers and accountholders. This includes all account signatories as well as the officeholders of any organisation that has accounts with CCFS. The Identification rules are designed to help detect and report suspicious activity such as money laundering and terrorist financing. Historically, CCFS has met… Read more →
CCFS online enhancements now released
CCFS is pleased to announce an important enhancement to batch payment processing. Long-term and high volume users of the business banking module, that enables dual authorisers to approve payments, may have encountered difficulty processing new batches once their batch history has reached capacity. The new enhancement: Allows users to manage their batch payment history by deleting multiple old and no… Read more →
Invest with CCFS. Support mission!
Here’s how you can increase your church’s missional impact… CCFS is currently funding over 45 church building projects and there are many more churches who will require funding over the next 2 years. We need your support! Invest with CCFS or consider shifting your bank accounts and support mission. CCFS is different to the bank you may be currently… Read more →
Prison Network – A very special gift
Prison Network (PN) is a non-profit organisation affiliated with Churches of Christ that has been providing support to women in Victorian prisons and their families for over 75 years. Amelia Pickering (pictured) was appointed CEO in 2020 to lead the ministry as it journeys with women in and beyond prison, providing the support and courage needed to navigate positive pathways… Read more →
Major expansion at ‘Basso’ Church
The suburb of Bassendean is located approximately 11 kms east of Perth, not far from the airport. It is home to approximately 45,000 residents as well as the Bassendean Church of Christ or Basso church as the locals call it. After many years of prayer and planning, the Basso Church expansion is well underway. The project totalling $2.0m will create… Read more →