Some Banking Facts & Assurances

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The epicenter of recent events is Silicon Valley Bank (SVB), which took most of its deposits from venture capital related private companies, especially in the past two years, and invested those short-term demand deposits in long-term Treasury and agency securities. Depositors began last week to make substantial withdrawals of their funds at SVB based apparently in part on rumors in Silicon Valley about SVB’s stability. SVB’s own cash and capital needs accelerated due to losses on sales of its securities to fund the customer withdrawals. In other words, we have seen a classic “run on the bank.” The same concerns of depositors also triggered similar behavior at a few other smaller banks.

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Finding Your Place of Resurrection

epperly ressurected

 Rev. Bruce G. Epperly, PhD

The Celtic spiritual tradition is replete with stories of monks, who set off on the high seas in small boats, coracles, in search of their place of resurrection. Without a rudder, they depended on God’s grace alone to guide them in the winds and waves and provide a way to their true spiritual home, the place where they could experience eternity in the world of living and dying.

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Lenten Reflection: Spiritual Decluttering

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 Rev. Bruce G. Epperly, PhD

Lent is a time of letting go, similar to retirement. We look at our lives, consider our relationship with God and our neighbor, and prune away everything that prevents God’s energy of love from flowing into our lives and to the world around us.

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A Vision and Not an Agenda

vision not an agenda

 Rev. Bruce G. Epperly, PhD

Without a vision, we become directionless. With a too structured agenda, we succumb to worry and busyness. Read Bruce Epperly’s answer to poet Mary Oliver’s question, ““What is it that you plan to do with your one wild and precious life?”

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Awakening to the New Year

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 Rev. Bruce G. Epperly, PhD

In my first piece in this series (March 2022), I began with a quote from United Nations Secretary-General Dag Hammarskjold (1953-1961), whose book Markings I read each year, either on New Year’s Day or my Fall birthday. This year I read it on my seventieth birthday. 

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2023 Power-Up Your Finances Webinar Calendar

2023 Power Up Calendar thumbnailThe Pension Boards brings you informational and educational webinars that matter to you through our Power-Up Your Finances webinar series in partnership with Ernst & Young. Please add these upcoming events to your calendar. Read more.

Going Home by Another Road

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 Rev. Bruce G. Epperly, PhD

“Going by another road” characterizes many of our retirement experiences. We have intentions for our retirement, and then we have a dream that reorients our lives toward a new destination.

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Important Notice About End of Year Processing

Please be advised that any paper financial requests (such as withdrawals or distributions) received after 12:00 noon EST on Tuesday, December 20, 2022, will be processed on Tuesday, January 3, 2023. If you want to perform any distribution for 2022, your good order request must be received by noon on December 20, 2022.

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The Good Work God is Doing in Your Retirement!

goodWorkInRetirement

 Rev. Bruce G. Epperly, PhD

Retirement is a time of harvest. A joyful retirement is a time in which a lifetime of growth, integrity, and learning is coming to fruition. A time in which we can look forward to new planting, new growth, new fruit, and new harvests. 

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FedEx Agrees to Greater Transparency on Climate Lobbying Activities

PRESS RELEASE

FOR IMMEDIATE RELEASE

CONTACT
Debbie Wibowo
Marketing & Communications Associate
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Richard Walters
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The Pension Boards–UCC Inc.
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FedEx Agrees to Greater Transparency on Climate Lobbying Activities

New York, Sept. 16, 2022United Church Funds (UCF) and The Pension Boards–United Church of Christ (PBUCC), both ministries related to the United Church of Christ, announced today that as the result of their joint shareholder resolution filed this past April, FedEx Corporation has agreed to enhance public disclosure of its climate lobbying activities – including its membership in trade associations with significant climate policies – so as to better inform shareholders of whether those activities and memberships align with the Paris Agreement of 2015.

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