GenFi

GenFi Ministries is a financial services organization that lends to Assemblies of God churches for new construction, building and land purchases, remodeling, and refinancing. Its church loans are funded in part by fixed-rate investments from individuals, and it also offers penalty-free access investments, education savings accounts, custodial accounts for minors, and traditional and Roth IRAs. Ministry employers can adopt its 403(b) retirement plan.

Church loans are limited to Assemblies of God organizations in the United States. Fixed-rate investments run from six months to five years and are not designed for early withdrawal, and the company notes they are not bank deposits and are not FDIC or SIPC insured. The Salem office keeps weekday hours and closes early on Fridays.