Automatic Cash Transfer
With Automatic Cash Transfer (ACT) from Church Extension Fund, you can enjoy completely automatic savings by having your funds withdrawn from your bank account on a regular basis and deposited in your Dedicated Savings, ExtensionPlus or Variable Rate Term Note Accounts. You may have your checking or savings account debited at your local savings institution on the 10th, 20th or last day of the month and the funds will automatically be transferred into your CEF account. You will receive a mailed receipt for every transaction and all transactions are reflected on your semi-annual statements as well. Automatic Cash Transfer In the same manner, you can enjoy the safety and convenience of having the interest earnings from your Fixed or Variable Rate Term Note account deposited directly into your checking account at your local bank. Gone are the hazards of sending checks in the mail. AutomaticWithdrawals Another benefit of ACT is the option of automatic withdrawal of a predetermined amount from your CEF savings on a monthly or quarterly basis. These funds can be deposited into a checking account elsewhere...a safe and convenient way to provide financial assistance to a college student or other loved ones away from home. Call 800-242-3944 for more information. ***DOWNLOAD authorization card now***