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DCEF loan approvals exceed one billion dollars

By January 12, 2021No Comments

On Thursday, December 17, 2020, the amount of total loan approvals extended by Disciples Church Extension Fund (DCEF) to congregations in need exceeded one billion dollars.

“We are so proud to have reached this milestone with our denomination and our partners in ministry by serving churches in every region of the United States, Canada and Puerto Rico,” notes Erick D. ‘Rick’ Reisinger, Disciples Church Extension Fund President. “For six generations, Disciples have been helping Disciples through the services we offer, including investments which fund the low interest loans we make to congregations. In this way, Disciples have been able to invest in their future and their faith.”

Now in its 138th year, the financial ministry offers investments to individuals, churches and church organizations; building and capital services, including capital fundraising, building planning and evaluation, architectural consultation and disaster response services; ministry re-envisioning programs through Hope Partnership Services, a part of DCEF; and, support for the new church movement of the Christian Church (Disciples of Christ) in the United States and Canada through New Church Ministry, also a part of DCEF. To many, however, the ministry is best known for the financial aid it has provided to congregations in the form of more than 13,670 loans. Just since the year 2000, more than half of this total — $565.7 million — has been approved for 1,509 loans.

To learn more about these and other DCEF services, or our one-billion-dollar ministry milestone, visit disciplescef.org.

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