Financial Services Archives - Page 12 of 19 - Church Executive


A point-by-point guide to comparing loan offers

Before your church obtains a loan for a new building purchase or construction project, it’s important to understand the differences — in other words, how to compare the different loan offers which lenders present.

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The spiritual benefits of capital planning

Each year, thousands of people come to Mater Dolorosa in search of spiritual enrichment. Mater Dolorosa — a Passionist retreat center in the San Gabriel foothills, in the city of Sierra Madre near Los Angeles — is a sacred place whose spiritual work depends on some decidedly material things. Mission-style buildings, a stunning outdoor Stations of the Cross, and many other physical improvements set the stage for lives to be changed in faith.

To help preserve the beauty and soul-changing power of the places in their care, Mater Dolorosa’s board and staff rely on a professionally prepared capital plan.

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Catapulting past critical mass at Resurrection (Leawood, KS)

Clifton Guy, Director of Information Technology at The United Methodist Church of the Resurrection in Leawood, KS — the largest UMC in the nation — is a preacher’s kid. Two of his siblings are also pastors, as is his wife. “So, it’s kind of the ‘family business,’” he says. But, Clifton himself is a self-professed […]

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Behind the loan application: what is the bank or credit union really looking for?

Developing a strong and trusted relationship with your lender can provide your As your ministry looks to begin a relationship with a lender — or maybe improve an existing one — having insight into the mind of a lender will help you develop this vital partnership.

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The state of religious lending

By Dan Mikes Religious institution expansion appears to be on the rebound, and the willingness of financial institutions to support this growth remains strong. At the same time, the religious institution segment as a whole seems to have learned from some of the challenges it faced through the downturn. In this post-meltdown era, physical expansion plans […]

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Get real-world, in-person church management training June 20-30 in Nashville!

Church executives of all types know that the church is, in some ways, a business. Whether you’re a lead pastor, executive pastor, business administrator or denominational official, you attend to congregational business of facilities, finances, human resources, information technology, and a host of other issues on a daily basis. For example, take a quick test […]

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A (financial) foundation to grow on

With six campuses, more than 36,000 active members, and 1,050 full-and part-time staff, Gateway Church in Dallas / Fort Worth simply can’t function at maximum efficiency without a streamlined, accessible and accurate accounting “engine” — something they didn’t have…until now. When Lead Director of Business Administration Monty Carpenter joined the Gateway staff in 2011, incredible […]

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Take the first step toward savings

Using a procurement services company can cut your overall annual costs, leaving more funds for you to support your ministry. But, where do you start?

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Creating generosity: Technology doesn’t have to be SCARY

ExperienceChurch.tv® in Puyallup, WA, isn’t afraid of technology. Early adopters of live streaming (hence, the .tv), digital child check-in and more, Senior Pastor Dennis Cummins and his team embrace tools and technologies that simplify processes and free up resources for ministry. Mobile giving, then, was a natural fit.

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The Social Security outlook: what you and your family need to know

For 80 years, Social Security has been a key part of how Americans ensure their financial security after they retire. As dependable as it has been, Social Security has gone through major changes over the years — and 2016 will be no exception.

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