FINANCE Archives - Church Executive


The financial realities of elder care & long-term care insurance

By Rev. James R. Cook, CFP®, RICP® According to Macrotrends.net, the current life expectancy in the U.S. in 2022 was 79.05 years, a 0.08% increase from 2021. People are living longer, which means more and more, younger baby boomers — who might not be prepared for the wide-ranging considerations of eldercare — are faced with […]

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Together We Grow

Using Vision To Ignite Church Growth The new year is the perfect time to set resolutions for your ministry and, for many, the one at the top of the list is church growth. We understand why. Gallup reported that in 2020, 47% of Americans said they belonged to a church, which is down from 50% […]

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A tale of 2 lenders

By Mike Schueler Out of space and out of time, Sunnylane Church needed a loan to grow. But the promise of an ultra-low interest rate turned into a financing nightmare for this Oklahoma City congregation. Drew Sanford was frustrated. He’d already wasted too much time working to secure a loan for Sunnylane Church, the Southern […]

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Frugal, yet fantastic

Designing a user experience that supports the vision and ministry of the facility — on a budget By Ravi Waldon, AIA, LEED AP Looking at the really amazing spaces in church design magazines certainly can make one drool. It’s all wonderful if the church has a vast budget, unconstrained land, and a lot of resources. […]

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Church construction financing trends

A lending veteran’s perspective WatersEdge began lending to churches in 1953 and has since partnered with more than 1,600 congregations looking to grow or refinance. During that nearly 70-year span, we’ve seen it all: boom years, recessions, and everything in between.  So, as churches ride the waves of yet another tumultuous period in our nation’s […]

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The shape of things to come

Many things have changed in ministry over the last 2 years, leading to some new and exciting opportunities.  Construction activity slowed during the pandemic and now appears to be on the rebound. Lending requests for new projects, renovation and expansion have increased and churches are primarily investing in three different types of venues: #1: Retrofitting […]

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What you need to know about Social Security NOW!

By Alina Parizianu, CFP®, MBA, RICP® The days when Americans could count on pensions from their employers are long gone, as fewer and fewer organizations offer them to their staff. While pensions are becoming an endangered species, Social Security remains the primary source of guaranteed lifetime retirement income for many older adults. In addition, unlike […]

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Preparing to build?

3 strategies that will take you from start to success By Jeremy Moore Your church has not only survived a pandemic, but it’s actually growing — how amazing! As a church family, you’ve emerged from an incredibly disruptive and uncertain season and now find yourselves needing to build or expand.  If this scenario resonates, you’re […]

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Fueling fantastic growth

At one of the fastest-growing churches in America, a favorable refinancing agreement is essential for propelling ministry forward. By RaeAnn Slaybaugh When Greg Petz and his wife, Donna, moved to San Antonio in 1996, they found their church home — Westover Hills — even before their physical home.  The Petzes’ dedication to Westover grew along […]

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Technology helps Bear Creek Church grow its multilingual ministry

By Brian Byersdorf Bear Creek Baptist Church’s vision is “to be a gospel-centered disciple-making community for all people,” and they truly live out that vision each and every day in their ministry. They actually started as a home Bible study group in 1977, founded by seven couples in West Houston. Their vision was for a […]

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