DEMAND INVESTMENT
A high-rate investment that comes with checkbook availability.
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Use our calculator to see how much more you will earn with a Mission Investment Fund DEMAND INVESTMENT investment when compared with 7,000 other financial institutions. |
DEMAND INVESTMENTS: Interest-bearing accounts with checkbook availability.
DEMAND INVESTMENT With Check Writing features great rates (like those associated with a money market account), and offers freedom and flexibility similar to a checking account. DEMAND INVESTMENT With Check Writing offers free checks, unlimited check-writing privileges, and 24/7 access to your account through either MIF Online or MIF by Phone. Interest rates are set in tiers, so the more that you save, the more interest you earn. The tiers are:
Tier 1: $100 to $9,999
Tier 2: $10,000 to $24,999
Tier 3: $25,000 to $99,999
Tier 4: $100,000 and above
All it takes to start is a $100 minimum investment. Then add or withdraw as often as you like, as long as you maintain a $100 minimum balance.
Individual investors can take advantage of a Visa debit card that can be used anywhere you see the Visa logo. Use it to make purchases or to get cash at ATMs. The Mission Investment Fund charges no fees for the debit card. (The Visa debit card is not available to congregations or other ministires.)
DEMAND INVESTMENT No Check Writing - Much like a traditional savings account, simple, reliable way to start on the path toward saving. You can add to a your investment at any time and start with a minimum initial deposit of only $5. Add to the balance in increments of $5 or more. Partial redemptions of $5 or more may be made once a month.
The DEMAND INVESTMENT No Check Writing may also be held as an investment in a Traditional or Roth Individual Retirement Account (IRA), SEP IRA, Coverdell Education Savings Account (CESA), or Health Savings Account, with UMB Bank, n.a., Kansas City, Mo., as custodian.
(NOTE: DEMAND INVESTMENTS are not available in Louisiana or South Carolina.)
Payments by check and debit card payments are accomplished by partial redemption of your Mission Investment Fund investment.
Mission Investment Fund investments are subject to certain risks. See "Risk Factors" in the fund's Offering Circular. MIF investments are not bank accounts. As securities issued by a nonprofit institution, the investments are not insured by FDIC, SIPC or any other federal or state regulatory agency. The securities are sold only by means of the Offering Circular. This is not an offer to sell or a solicitation of an offer to buy the securities described here.