Catholic Development Fund
The Maitland-Newcastle Catholic Development Fund (CDF) exists to provide prudent financial management and to further the pastoral mission of the Catholic Church in the Diocese. By harnessing the financial resources of the Catholic Community, the CDF provides cost-effective financial arrangements for capital works and other essential pastoral programs.
The CDF has operated in the Maitland-Newcastle diocese for more than 50 years. The CDF assists with the management of the finances for the diocese (agencies, parishes, schools) and also offers members a range of investment and savings products. Over the past four years the CDF has made a focused effort on building its capital base and strengthening its risk management framework so as to provide an adequate financial ’buffer’ against an uncertain future economic environment.
The CDF also provides the following services:
- Deposit accounts for Clergy, Parishes, Catholic Schools, Religious Congregations, Church Agencies, Laity and other Catholic entities
- Cheque issuance facilities and other financial services for Clergy, Parishes, Catholic Schools, Religious Congregations, Church Agencies and other Catholic entities (subject to APRA Regulations)
- Loans for the building of churches and schools and other church related activities
- Other financial services such as Direct Debiting, BPay, Online transactions and Funds transfers.
Visit the website for the Maitland-Newcastle Catholic Development Fund.