Our church has a $1.5 million bequest earning 3.75% in a bank account. Is inflation eroding it?

Newseze Wire·Thu, Oct 29, 6:30 PMWire: MarketWatch Top

“Given the size and long-term nature of this gift, we want to make sure the funds are managed prudently.”

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“Given the size and long-term nature of this gift, we want to make sure the funds are managed prudently.” The story falls into Newseze's markets desk and is being actively tracked by our editorial team. Calm framing, primary-source references, and respectful tone — every Newseze story is scored for drama and conspiracy before it reaches you. Worth knowing: Newseze refreshes its newsroom every hour and flags fast-moving local and breaking news as it develops. Watch this page for updates. Reporting: MarketWatch Top.

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Our church has a $1.5 million bequest earning 3.75% in a bank account. Is inflation eroding it?

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