Investments

U.C.I.S is the central treasury fund of the Uniting Church in Australia, Queensland Synod.

By maintaining surplus funds in a U.C.I.S investment, Uniting Church congregations, services and activities are enabling the larger pool of funds to be invested and managed to maximise return. This return may be through income to support missional activities and programs of the Church and to reduce borrowing required for growth and capital development.

Congregations, agencies and individuals of the Church have the choice of three different investment types:

  

Cash Manager

The U.C.I.S Cash Manager is your accessible, at-call investment option.

  • interest is calculated daily and paid monthly
  • interest rates are variable, reset on the first business day each month
  • half yearly statements
  • no minimum investment amount
  • make unlimited investments and withdrawals
  • perform transactions and view statements online, with U.C.I.S NetConnect*
  • request transactions with Phone/Fax Connect
  • add to your investment at any Westpac with a U.C.I.S credit book.

 

Additional options (available to Uniting Churches and Organisations only)

  • monthly statements
  • easy payment of minister’s stipend
  • collect Giving Direct offerings
  • direct debit access for paying bills
  • cheque book access
  • access by external direct transfer (XDT)
  • link a congregational Fuel Card.

*Please note that investments requiring two signatories require both to be present to authorise transactions online. *Maximum NetConnect withdrawal $5,000 per day

  

Fixed Term investment

A U.C.I.S Fixed Term offers interest rates set for a fixed investment period.

  • minimum $5,000 investment
  • choose terms between three months and five years
  • interest calculated daily and paid quarterly, not just at maturity
  • rates for more than $50,000 quoted on the day of lodgement.

Download an application form here (UCA congregations & organisations).

Download an application form here (non-UCA individuals & organisations).

Mutual Support investment

Pass the full benefit of your investment on to your chosen church or organisation with a Mutual Support investment.

  • invest your funds at U.C.I.S instead of another bank
  • forego interest on your investment
  • instead, U.C.I.S pays a quarterly benefit to your nominated church or organisation, saving interest costs on a loan or as an additional source of income
  • at-call access anytime to your investment by NetConnect or Phone/Fax Connect
  • unlimited investments and withdrawals
  • no minimum investment amount
  • deeming exempt
  • half yearly statements.

Download an application form here (Mutual Support investment).
 

Want to know more?

Support your local congregation with Mutual Support

Security of investments

Convenient access

Current interest rates

Other funds managed by Finance & Property Services

 


  

Disclaimer relating to investments

The Uniting Church Investment Service (U.C.I.S) operates as part of The Uniting Church in Australia Property Trust (Q.) of 60 Bayliss Street, Auchenflower, Qld 4066. U.C.I.S is not subject to the normal requirement to have a disclosure document or Product Disclosure Statement and be registered or have a trust deed under the Corporations Act 2001 and this scheme has not been examined or approved by the Australian Securities and Investments Commission (ASIC). The Queensland Synod Office will deliver audited financial accounts to ASIC each year ended 30 June. U.C.I.S is not prudentially supervised by the Australian Prudential Regulation Authority (APRA) and investments with U.C.I.S do not obtain the benefit of the depositor protection provisions of the Banking Act 1959. U.C.I.S investments and schemes are designed for customers who wish to promote the charitable purposes of The Uniting Church and for whom the considerations of profit are not of primary relevance.