This one is for all the churches out there. We just read a great blog post over at blog.yourchurch.net (a great resource for church leaders). Having experienced two consecutive years of financial upheaval, many churches (and other ministries) are thinking ahead to 2011. But what does 2011 hold? [read more]
Have you noticed how every area of expertise has its own vocabulary? Like car guys talk about horsepower and Bible translators talk about linguistics. So ministry banking guys talk about cash reserves and liquidity management, especially these days.
Maybe you’re not as fluent in this financial lingo as some, so I sat down with a real ministry banking guy, Mark Jones, and asked him to translate. Mark is a vice president and senior banking consultant here at ECCU. [read more]
An important event on the annual calendar here at ECCU is the National Association of Church Business Administration (NACBA) national conference. It’s happening this week in Orlando. Word from the ministry development officers we have there is that they’re meeting a lot of ministry staff and having great conversations.
If you’re in Orlando…at the Gaylord Palms…look them up and say hi.
If you can’t be at the NACBA conference, here’s a way to listen in on some of the conversation that’s going on. Paul Clark is there. He’s executive pastor at Fairhaven Church in Centerville, Ohio, and one of our favorite bloggers. Check out his latest blog to see what he’s been hearing and talking about. (His blog is listed to the right under “other blogs.”)
I’ve been thinking about what’s new and interesting in the world of ministry financial services, wanting to wow you with fun facts and useful information. Which is why I’m devoting this post to…(drumroll please)…a new ministry report card. Okay, technically it’s called the Borrower Health Assessment, but that doesn’t make your stomach drop the way “report card” does. And it really works like a report card for ministries asking questions like: Are we making wise financial decisions? Are we financially healthy? Will we qualify to refinance when our loan matures? (This last one is most important to many ministries these days.) [read more]
Welcome to the new Evangelical Christian Credit Union (ECCU) blog—your single stop for news, ideas, and highlights from the ministry financial management world.
We know you have a lot to read, and plenty of options for what to read, so our goal with this blog is to give you quick and easy access to important information that affects ministry leaders just like you. [read more]