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Investment Options

Certificates

Choose from our four certificates to match your investment needs. These investment options are available to individuals, churches and related Covenant organizations.

5-Year Fixed Rate Renewable Certificate (3.00%)

  • Interest rate effective as of June 14, 2012; still valid today
  • Five-year term with fixed interest rate
  • Qualifies for loan investment generation credit
  • Pays interest semi-annually (each June 30 and December 31)
  • Renewable at maturity
  • $500 minimum investment

30-Month Fixed Rate Renewable Certificate (2.25%)

  • Interest rate effective as of March 1, 2015; still valid today
  • 30-month term with fixed interest rate
  • Qualifies for loan investment generation credit
  • Pays interest semi-annually (each June 30 and December 31)
  • Renewable at maturity
  • $500 minimum investment

Demand Investment Account (1.50%)

  • Interest rate effective June 30, 2012 through June 30, 2017
  • Adjustable interest rate (semi-annually set each January 1 and July 1)
  • Easy access – redemption upon 30 days request and additional investments by request
    at any time.
  • Monthly statement sent via email
  • Pays interest compounded monthly
  • $50 minimum investment

Variable Rate Certificate (1.50%)

  • Interest rate effective June 30, 2012 through June 30, 2016
  • Adjustable interest rate (semi-annually set each January 1 and July 1)
  • Easy access – redemption upon 30 days request and additional investments by request
    at any time.
  • Pays interest semi-annually (each June 30 and December 31)
  • $500 minimum investment

Contact Heidi to learn more.

*The offer and sale of the Certificates is limited to persons who, prior to receipt of our Offering Circular, were members of, contributors to, participants in, or affiliates of The Evangelical Covenant Church, including any program, activity, or organization that constitutes a part of The Evangelical Covenant Church, or any of its conferences, or any congregation of The Evangelical Covenant Church, or other persons who are ancestors, descendants, or successors in interest to such persons (Investors). This does not constitute an offer to sell or the solicitation of an offer to buy the Certificates. There shall not be any sale of the Certificates in any state in which such offer, solicitation, or sale is not authorized. The offering is made solely by the Offering Circular. The offering of Certificates involves certain risks, which are more fully disclosed in the Offering Circular under the heading “Risk Factors.” In the event NCP exercises its right to redeem a Certificate prior to maturity and upon sixty (60) days notice to the holder thereof, payment of the outstanding principal and interest will be paid to the holder to the date of redemption.

The Variable Rate Certificates, Demand Investment Accounts, Individual Retirement Account (IRA) Certificates, Health Savings Account (HSA) Certificates and 403(b) Certificates are not available for sale to investors residing in South Carolina. The Variable Rate Certificates and Demand Investment Accounts are not available for sale to investors residing in Louisiana. NCP’s Certificates are not insured by any governmental agency or private insurance company, including the Federal Deposit Insurance Corporation, or any state bank, insurance fund, or any other governmental agency.