wfn.org | NBA places $2 million investment with

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Church Extension
Date: October 2, 1997
Disciples News Service
Christian Church (Disciples of Christ)
Contact: Clifford L. Willis
Email: CWillis@oc.disciples.org
on the web: http//www.disciples.org

97b-53

     INDIANAPOLIS (DNS) -- Paul reminded the
Christians in Corinth that even though the body
had many parts, nevertheless all the parts made up
one body.  

     This sense of oneness was demonstrated within
the structure of the Christian Church (Disciples
of Christ) recently when one general unit made a
major financial investment with another general
unit. 

     A one-year $2 million investment has been
placed by the National Benevolent Association, St.
Louis, with the Board of Church Extension.  The
support will help bolster funds BCE uses to
provide building loans to congregations.

     "This commitment by our sister unit, NBA, is
an excellent example of the partnership we have as
general units of the Christian Church (Disciples
of Christ)," said the Rev. James L. Powell, Church
Extension president.  

     "This support also demonstrates the excellent
opportunity that all Disciples have when they
invest some of their funds with BCE.  In doing so,
they not only will receive a good return on their
dollar but also support hundreds of our
congregations in revitalization and growth," he
added.

     "As a church, and as individual Christians,
we are only limited by our imagination and the
Holy Spirit, and that's no limitation at all,"
said the Rev. Cindy Dougherty, president of NBA. 
"The NBA's resources are God's resources, working
with Board of Church Extension to further
the Kingdom of God."

     Over the past year, Board of Church Extension
has made loans totaling nearly $23 million for 130
projects in the United States and Puerto Rico.
These loans have helped support building projects
costing in excess of $37 million.

     A number of Church Extension investment
opportunities that will help make more church
building loans possible are available to Disciples
members and congregations. A variety of maturity
options are available at an annual interest rate
up to 6.5 percent. 

      More specific information is available from
the BCE investments officer at 1-800-274-1883 or
at invest@bce.disciples.org by e-mail.  

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DISCNEWS - inbox for Disciples News Service, Office of Communication, Christian Church (Disciples of Christ), PO Box 1986 Indianapolis, IN 46206, tele. (317) 635-3100, (DISCNEWS@ecunet.org) Wilma Shuffitt, News and Information Assistant; (CWILLIS@oc.disciples.org) Cliff Willis, Director of News and Information; (CMILLER@oc.disciples.org) Executive Director