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Your Fund’s Performance
2010/11 HIGHLIGHTS
Lending – CDF made 158 loans, totalling $165.2 million to
Catholic organisations.
Borrowers saved $12.4 million in interest because the Fund's
lending rate is below the banks’ prime lending rate.
Average deposit level was $724.6 million and peaked at $888.2
million. Total asset level reached $1 billion.
Interest paid to depositors $33.3 million. CDF continued to
operate without account charges.
Student Agencies Student agencies operating successfully in
229 schools, with total deposit level of $5.6 million.
Over 47,760 account holders.
The Fund opened 1423 new accounts.
CDF ACHIEVEMENTS
Approved loans exceeded $1.24 billion over the last 56 years.
Total deposit levels peaked at $905 million. The Fund continues
to meet all requests for loans.
In the last six years CDF has saved the Archdiocese and Catholic
organisations $97 million.
The CDF Payroll Service is provided to 335 Catholic
organisations.
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