Apostolic Mutual is now offering Certificates of Deposit in the State of Texas. Other states will be added in the coming months. Although investments with Apostolic Mutual are not FDIC, the loans are secured with a deed of trust and guaranteed by the Apostolic Assembly. Investors will receive interest checks until the maturity of their certificate. Interest can be reinvested back into the fund or can be diverted to the local church ministry or a national program. The following are the terms of the certificates of deposit.
ABOUT OUR RETIREMENT PLANS
In 2020, Apostolic Mutual will offer retirement IRAs to Pastors and the membership of the Apostolic Assembly. A third party provider will handle the administration of the retirement accounts. All retirement funds received in trust will be used toward the loan fund.