A Message from Our Leadership

After 23 years of outstanding service, Greg Rousos is stepping down as President & CEO on December 31, 2023. After a comprehensive national search, Angela Duffy will take the helm as New Covenant Trust Company’s new President & CEO on January 1. In this video, Greg and Angela discuss their experience working together, the transition … Continued

New Provisions for RMDs Make It Easier to Support the Causes You Care About

The SECURE Act 2.0 was signed into law by President Biden on December 29, 2022. This legislation is designed to help Americans better plan for their financial future by expanding access to, and streamlining the administration of, many retirement plans. Beginning in 2023, the Act provides some exciting new provisions regarding Individual Retirement Account (IRA) … Continued

Q4 Has Been Choppy for Stocks, with Bond Market Driving Most of the Action

As a forgettable October came to an end, the S&P 500 rallied in the final week for its best weekly performance since November 2022 — and continued the rally into November, gaining in 9 of 10 trading days through November 10. The rally kicked into gear following the Federal Reserve’s November 1 meeting, where comments … Continued

Third Quarter Review: Yields Spike, Stocks Slump as Fed Signals Higher Rates for Longer

September lived up to its reputation as a tough month for stocks, as markets across the board struggled and the S&P 500 finished down nearly -5% for the month. The U.S. 10-year treasury yield spiked to levels not seen since 2007, and the popular 30-year fixed rate mortgage rose to its highest level since 2000, … Continued

Staying Safe Online: Quick Tips for Enhanced Cybersecurity

When October comes around each year, we often think about fall or the knowledge that the holiday season will be upon us soon. Since 2004, it has also served as Cybersecurity Awareness Month. Due to our ever-connectedness through smartphones, tablets and computers, cybersecurity is becoming even more critical. New Covenant Trust Company is proud to participate in … Continued