The MBF Cash Fund for Institutions.
Minimum $1,000. No Maximum.
Funds held in the MBF Cash Fund have daily liquidity with access via electronic or traditional printed checks with 48 business-hour notice depending on time of day and selected options.
This is a cash pooled account so monies received by Missouri Baptist Foundation by 1:00 pm (CST) on business days will be deposited on the same day. Monies received by Missouri Baptist Foundation after 1:00 pm (CST) will be held on-site for deposit the next business day.
The MBF Cash Fund earns interest on its daily balances and it is received into the Fund on the last business day of the month. The MBF allocates interest to the holder of the Cash Fund on the last day of the month, except quarter ends receive a subsequent allocation of the first business day of the following month, based upon balances after system processing on a periodic basis.