SigEp National Housing created the Equity Management Fund (“EMF”) in 1979 to allow AVCs a means of depositing savings in a fund with favorable rates of return. In turn, these funds are used to advance SigEp housing initiatives across the country. The EMF provides AVCs a safe way to invest their savings, because SENH pays interest on all deposits at a rate equal to ½ percent below the United States Treasury 10-year note, adjusted on the first day of January, April, July and October and applied to the date of withdrawal.
SENH uses the funds deposited into the EMF as capital to lend to SigEp chapters. When AVCs invest in the Equity Management Fund, they are investing in SigEp chapter houses and helping improve the living-learning environments of SigEp brothers.
There are no deposit, withdrawal or administration fees associated with the Equity Management Fund.
For all balance inquiries, please contact SENH Executive Assistant Cassandra Ratti for more information.