A Certificate of Participation (COP) is a time deposit very similar to a Certificate of Deposit (CD). The investment is made for one year with a penalty for early withdrawal. The rate of interest is set by the investment committee and remains fixed for one full year (until maturity).

Investments of COP's are combined to form a pool of funds used for loans to United Methodist Churches and Agencies. Interest Income may be paid annually or semi-annually. With a deposit of 10,000 or more, interest may be paid as frequently as monthly. Details of a COP investment are provided in the Offering Circular.