Deposit Fund
The CFB Deposit Fund is a common deposit fund designed specifically for Methodist churches and charities.
Who can invest in the deposit fund?
All churches and charities in Great Britain responsible to the Methodist Conference are allowed to invest. This would normally include other organisations under the control of the Church Council, e.g. Sunday School, Youth Club etc.
Benefits of the deposit fund
- Dedicated client service team delivered in partnership with JTC Group.
- Accounts may be opened on any business day.
- Withdrawals to your nominated bank account are processed on day of receipt when instruction received by 10am. Notice of up to seven days may be required for larger sums.
- Automatic transfers can be set up to: pay stipends, Circuit, District and other Deposit Fund accounts, fund nominated bank account, receive tax refunds, credit income distributions via TMCP.
Dealing and Interest
- Dealing date: Every business day.
- Interest is earned immediately an account is credited.
- Interest is paid monthly by credit to the account.
- No transaction charges are levied.
Security
Monies are placed on deposit with banks which meet rigorous criteria based on independent credit ratings and size. We further minimise risk by limiting the proportion of the fund depositied with any single bank.
Model trust money and property schemes
Model trust monies maintained in cash cannot be held directly in the Deposit Fund, but should be forwarded to the Trustees for Methodist Church Purposes (TMCP) in Manchester. You will, however, still benefit from the professional management of the CFB team, as such monies will be invested in the Trustees Interest Fund, which is itself managed on behalf of TMCP by the CFB.
Important Contacts
For enquiries relating to the CFB Deposit Fund and the CFB Investment Funds from 1st September onwards, please call:
+44 20 3832 3970
For queries relating to transactions and balances prior to the 1st September 2025 and for any general enquiries, please call:
+44 20 7496 3600
For enquiries relating to the CFB Deposit Fund and the CFB Investment Funds from 1st September onwards, please email:
cfb@jtcgroup.com
For queries relating to transactions and balances prior to the 1st September 2025 and for any general enquiries, please email:
admin@cfbmethodistchurch.org.uk
Please note that all correspondence and paperwork in connection with the CFB Deposit Fund and the CFB Investment Funds should be sent to:
The Central Finance Board of the Methodist Church
PO Box 13673
DUNMOW
CM6 9EQ
Rates and performance
Current Daily Rate
| Date | Daily rate % | AER % |
|---|---|---|
| 4 October 2025 | 3.92 | 3.99 |
Historical Daily Rates
| Date | Daily rate % | AER % |
|---|---|---|
| 24 September 2025 | 3.92 | 3.99 |
| 15 September 2025 | 3.97 | 4.02 |
| 7 August 2025 | 4.02 | 4.09 |
| 8 July 2025 | 4.17 | 4.25 |
| 8 May 2025 | 4.22 | 4.30 |
Historical Average Monthly Rates
| Date | Average monthly rate % | AER % |
|---|---|---|
| June 2025 | 4.22 | 4.30 |
| May 2025 | 4.24 | 4.33 |
| April 2025 | 4.37 | 4.46 |
| March 2025 | 4.42 | 4.51 |
| February 2025 | 4.42 | 4.51 |
| January 2025 | 4.55 | 4.65 |
| December 2024 | 4.62 | 4.72 |
| November 2024 | 4.64 | 4.74 |
| October 2024 | 4.74 | 4.84 |
| September 2024 | 4.85 | 4.96 |
| August 2024 | 4.94 | 5.05 |
| July 2024 | 5.07 | 5.19 |
| June 2024 | 5.07 | 5.19 |
Performance
| To 30 June 2025 | 3 months % | 1 year % | 3 years % |
|---|---|---|---|
| CFB Deposit Fund | 1.07 | 4.69 | 4.25 |
For non-Methodist Charities
For those who are trustees or treasurers of non-Methodist charities, why not consider the Epworth Cash Plus Fund for Charities?
Operating using the same staff and systems as the CFB Deposit Fund, the Epworth Cash Plus Fund is available for non-Methodist churches and charities, and is managed by our sister company Epworth Investment Management.