Summer Edition | July 2019
Quarter 2 Newsletter

Total Investment $ : $52.7 Million
Total Investments : 835
Total Assets : $55 Million
Total Active Loans : 128
Loan apps received in Qtr 2: 14
We continue to report record-breaking news at the Loan Fund as we close out our eighth full year of operations on June 30, 2019. During these past eight years we have grown from no assets to $55 Million!
We have grown enough that we must again add new employees to help us on our journey. Our choice is to have a new Executive position, an Assistant Director of Stewardship and Senior Loan Officer. You will see elsewhere in this newsletter the background of our selection, Rick Lovall. He will bring the professional component for the lending side as well as reviewing each loan annually to make sure all the covenants are current. Welcome to our team Rick. His entire family is excited about the new venture of moving to St. Louis.   

Soon our investors and Loan Fund pastors will be receiving an invitation to our annual appreciation banquet. It will be held in Indianapolis on the Wednesday afternoon of General Conference at 2:15 p.m. at the Indianapolis Convention Center. We look forward to seeing everyone there and celebrating another blessed year at the UPCI Loan Fund!

Check me out in one of our new social media videos in the link below!
Stephen M. Drury
Don't forget you can start new investments or add to your current investments at any time. Our investments are open to UPCI churches, districts, ministries, constituents, and supporters in the United States and Canada, and your referral is the highest compliment you could give us! We would be honored if you would share our wonderful investment opportunities with your friends, family, and colleagues. Thank you for being a part of our Loan Fund Family!

Our exciting investment options:

>Standard Certificates - Lock in your rate for 1, 3, or 5 years!

>Coverdell Education Savings Accounts - Be ready for college expenses!

>Demand Certificates - Flexible month-to-month term!
Valley Lighthouse Pentecostal Church
Van Nuys, California
By Pastor Fernando A. Chacon
On May 22nd, 2012 life changed for my family. I was voted in as pastor to a church that had gone without a pastor for seven months. After the previous pastor left, the church board discovered that the church was in foreclosure. The District Board was asked to step in by the church’s board to help with the vetting process for a new pastor. 

The church is located in the neighborhood of Van Nuys, within the city of Los Angeles. Although the church is in a lower income neighborhood, and the cost of living is high, God always provides. Praise the Lord, in those seven months, the diligent and faithful board of Valley Lighthouse Pentecostal Church was able pull the church out of foreclosure.

The church was built in the 1950's and over the years has required continual maintenance. The previous pastor remodeled the church to a more updated look, however there were still several areas that needed updating and repair. 

One such area that required updating was the church loan. Our lender informed us that they did not loan money to churches anymore. Then they added more requirements for our yearly reporting, becoming less and less hospitable to us. 

So, we began our search. We found a Christian credit union nearby, but they denied us because we were oneness. We were still praying and looking when a fellow pastor told me about the UPCI Loan Fund. I contacted the Loan Fund and was pleasantly surprised to find that they offered loans that had longer maturation dates than ten years.

Through the UPCI Loan Fund, we were able to refinance our old loan and get additional money for the updates that were needed. With the new financing, we replaced our old galvanized main water line with a new copper line. We removed our old gravel parking lot and installed a brand-new asphalt parking lot, along with a basketball hoop! We also were able to update our sound/media systems and we changed out the aged air conditioning system that could not keep our Kids Ministries rooms cool during the hot southern California summers. 

We recently celebrated seven years as pastor. Along with the physical improvements, God is doing a spiritual makeover at Valley Lighthouse Pentecostal Church. People from the neighborhood and throughout the San Fernando Valley are finding a brand-new life at our church. All praises to our God that an Apostolic church continues to thrive in Van Nuys, California. Thank you UPCI Loan Fund!

To learn more about Valley Lighthouse, visit their website, Instagram , YouTube , or Facebook !
Hoop &
Parking Lot
We are thrilled to announce our Loan Consultant, Rick Lovall, will be joining our team full-time as Senior Loan Officer and Assistant Director of Stewardship. Rick has been serving part-time since August 2018, and he and his family will be transitioning to the St. Louis area this summer. He has a degree in Banking from the Barret School of Banking at Christian Brothers University, as well as over 15 years of experience in banking and commercial lending. Rick works directly with potential loan clients and loans in process, and will be working to increase new business to our loans and investments. Welcome Lovall Family!
Each year the United Pentecostal Church Loan Fund, in coordination with our Board of Directors and securities legal counsel, prepares an updated Offering Circular. The Offering Circular is a compilation of useful information which is designed to educate and inform current and prospective investors on our Fund and the securities offered. Some of the information in the Offering Circular includes updated audit information, history of the Fund, details on our Board of Directors, and details on each investment option. All of our investors are entitled and encouraged to receive and read through the Offering Circular before purchasing investments with us.
The 2019-2020 Offering Circular was approved and published in May 2019, and is now available on our website for viewing at or by clicking on the photo to the left. If you would prefer a physical copy for your records, please contact our office.

Summer is here and many churches are using the break in the weather to get construction projects completed. But did you know we offer Construction Management Services? We have a trusted team of experienced professionals to help you plan, manage, and complete your projects on time and on budget! Click here to learn more!

  • Prepare a master plan & budget
  • Avoid the most common mistakes in church construction
  • Pre-plan & launch the project journey
United Pentecostal Church Loan Fund | 636.229.7949 | |