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Your Fund’s Performance
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2008/09 HIGHLIGHTS
Lending – CDF made 196 loans, totalling $145.3 million to
Catholic organisations.
Borrowers saved $9 million in interest because the Fund’s
lending rate is below the banks’ prime lending rate.
Deposits peaked at $780 million. Total asset level reached
$828 million.
Interest paid to depositors $35.6 million. CDF continued to
operate without account charges.
Student banking – Student agencies operating successfully in
225 schools, with the total deposit level of $6.3 million.
Over 60,168 account holders.
The Fund opened 1845 new accounts.
CDF ACHIEVEMENTS
Approved loans exceeded $1.35 billion over the last 53 years.
Total deposit levels peaked at $780 million. The Fund continues to
meet all requests for loans.
In the last five years CDF has saved the Archdiocese and Catholic
organisations $74.6 million.
The CDF Payroll Service is provided to 327 Catholic organisations.
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