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 →
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 →
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 →
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 →
The accounts and investments in this advertisement are debentures products and not deposit products. Churches of Christ Financial Services is a division of Baptist Financial Services (BFS) ABN 56 002 861 789 AFSL 311062 is a Registered Charity and issuer of the debentures products. BFS (and therefore CCFS) is not prudentially supervised by APRA. Therefore, an investor in our products will not receive the benefit of the financial claims scheme or the depositor protection provisions in the Banking Act 1959. Investments in our products are intended to be a means for investors to support the charitable purposes of CCFS. We are required by law to notify investors that our products are intended only to attract investors whose primary purpose is to support our charitable purposes, are not comparable to investments with banks, finance companies or fund managers, and investors may be unable to get some or all of their money back when they expect or at all. Persons should consider whether or not the debentures are appropriate for them.
Indue Limited ABN 97 087 822 464 (registered office located in Brisbane) is the issuer of the CCFS Minister’s Expense Card Visa Prepaid Card (MEA Visa). AFS Licence No. 320 204. Churches of Christ Financial Services is a division of Baptist Financial Services Australia Limited ABN 56 002 861 789 (AFS Licence No. 311 062) and is an agent of Indue. Please refer to the Financial Services Guides. The Product Disclosure Statements and Target Market Determinations are available for the MEA Visa Prepaid Card and can be obtained on our website at https://www.ccfsaustralia.org.au. You should consider the Product Disclosure Statements and Target Market Determinations in deciding whether or not to acquire this card.
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