Rejoice always, pray continually, give thanks in all circumstances; for this is God's will for you in Christ Jesus. 1 Thessalonians 5:16-18 NIV
Friday, February 25, 2011
Doing the Right Thing
Friday, February 18, 2011
We Cry Out
Thursday, February 17, 2011
Foreign Policy Debate
Our God...
Only You Can Save
Everlasting God
Sunday, February 13, 2011
A Few Random Thoughts on a Sunday...
Saturday, February 5, 2011
10 Steps out of Homelessness
Wednesday, February 2, 2011
Megachurch Troubles
As the Board of Elders informed FFC membership in March 2010, Regions Bank unexpectedly called the church's mortgage demanding full payment within 30 days; terms which were financially impossible for the Church to comply with. Regretfully, since that time despite our sincere and on-going efforts to work with Regions in finding a long term solution which insured our full repayment of all debt owed, on January 26, 2011, Regions filed a foreclosure notice against First Family Church in Johnson County, KS. Since its occurrence, your church leadership, pastors, elders, deacons, and ministry leaders have been praying and in a spirit of unity. We are confident to resolve this situation while all ministries and worship services continue as scheduled on our campus. This is happening to churches across the country according to the Wall Street Journal, 1/24/11 - another reality of our country's economic crisis.
- FFC remains proactive with the lender in working out a successful financial debt restructuring that will bridge the challenges of the current situation.
- The bank filing was something the Church was expecting, as it is standard Administrative Process required of lenders while working to restructure the debt.
- FFC has demonstrated by internal financial management that it has the capacity to enter into a restructuring with Regions that will repay this debt in full. We are confident that a resolution will be accomplished.
- This development toward First Family Church by Regions is consistent with the Bank's actions since they accelerated the mortgage maturity from 30 years to 5 years recently forcing this situation even whileFirst Family Church was current in its obligations. We recognize banks today are under immense pressure by federal regulators. These are uncertain economic times.
- While FFC continues negotiations with Regions Bank, the mission, ministries, worship services, and Conquest Initiatives will continue without interruption on our campus. We will resolve this matter to the satisfaction of the bank and First Family Church.
- Please continue to pray and rest assured your Elder Board is working diligently to resolve this matter. Church members are encouraged to contact the Elders and Chief Financial Officer of First Family Church at the church office with any questions.
- We look forward to seeing you on Sundays @ 9:00 & 10:45a.m. for regular worship services as well as on Wednesdays @ 6:30p.m. at the new "Christian Thinkers Society" in our worship campus facility. Thank you so very much for your continued prayers.
and this in reply by another reader:
The lack of financial accountability at FFC was brought front and center in March 2007. It's too bad a lesson wasn't learned. I believe the doors would have stopped revolving and the church would be healthy spiritually and financially if Jerry was forthright and honest with the congregation. But, Jerry is not going to do that. Anyone thinking members of the congregation should have a say in financial matters will hear from Jerry that their vote is whether their feet walk in the doors of FFC or not