Financial Services Archives - Page 2 of 19 - Church Executive


In for a penny, in for a pound

  By RaeAnn Slaybaugh After more than a decade meeting in a school, and then in a leased warehouse, Faith and Victory Church in Auburn, Wash. — a suburb of Seattle — was enjoying significant growth: 30 percent, year over year, for several years. The need for a more permanent (and suitable) church home was […]

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Growing out, growing smart

BILL AANESTAD / EXECUTIVE PASTOR / ORCHARD CHURCH / MURRIETA, CALIF. By RaeAnn Slaybaugh  As Executive Pastor Bill Aanestad and his team at Orchard Church neared completion of their construction project, they were looking for a long-term fixed-rate loan. With interest rates on the verge of a sharp increase, they wanted something predictable. Something manageable.  […]

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An intro to estate planning

  For ministry leaders, ‘estate planning’ isn’t a priority; plus, a lot of misconceptions surround the process.  To ensure your wishes are carried out and to protect your loved ones, it’s crucial to have a deeper understanding of what estate planning involves — and to get started now, while you can make the best possible […]

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Fiscal training for your trustees – what they need to know

By Rev. Dr. Perry J. Hopper For any church to effectively carry out its ministry to faithfully serve God, it needs many lay leaders and volunteers with diverse gifts. All believers are called to be servant leaders, including the pastor and ministerial staff.   While the pastor is often the most visible servant in most […]

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Refinancing gone right

  By RaeAnn Slaybaugh Central Peninsula Church in Foster City, Calif., is blessed in many ways — not the least of which is in having land in the highly sought-after Bay Area on which to expand as necessary. “Divine timing” is another factor when it comes to locking in a favorable interest rate for its […]

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What to keep in mind when interest rates rise

By Louis P. Barbarin, CPA Remember a few years ago when a gallon of gas was about $2? Or when the average round-trip airline ticket cost about $300? Those days seem long gone as Americans must now pay over 25 percent more for gas and 20 percent to 40 percent more on airline tickets. Prices […]

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Growing the Kingdom in Colorado

J.T. ENGLISH / LEAD PASTOR / LINDSAY ACOCELLA / DIRECTOR OF STRATEGY & OPERATIONS / STORYLINE CHURCH / ARVADA, COLO. By RaeAnn Slaybaugh / Photos by Mike Schueler  Storyline Church was running out of room.  Nestled beneath the foothills of the Rocky Mountains in Arvada, Colorado, what had started in 2015 as small church plant […]

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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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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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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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