Lutheran Church Extension Fund
Lutheran Church Extension Fund
Investments
LCMS Members and Businesses
Next Generation Note

Loan Rates

New Mission Starts4.125%
Congregational4.500%
Specialized Ministries2.500%
RCW Mortgage APR3.590%
 

Investment Rates

StewardAccount®0.375% - 1.000%
Family Emergency1.125%
5-Year Term Note1.625%

With LCEF's unique ministry-through-investment program, investors know they are helping create or expand LCMS ministries. Your investment in a Next Generation Note helps fund today's programs, with a promise for tomorrow's ministries.

Investment Plus Gift

The Next Generation Note unites both invested and contributed dollars to strengthen LCEF's capability to offer loans and services to LCMS ministries. You are a key partner in making a difference in the Church now and for the next generation.

The Next Generation Note gives you a higher interest rate on your investment, along with the satisfaction of connecting with ministries. The additional interest is 1.5% for the initial term of the note.

Features:

  • Five-year, fixed-rate term note.
  • $5,000 minimum purchase price; 10% minimum gift
  • Interest distributed or compounded quarterly
  • Plus, based on a 25% tax rate and full deductibility of the eligible deductible portion, the tax benefit of the gift adds approximately 0.14% to the total annual return.

In conjunction with the purchase of the Next Generation Note, you have made a contribution to the LCEF. A portion of this contribution is non-deductible and considered a premium on the purchase of the note since you are receiving a benefit in return for the contribution (i.e., a higher interest rate than similar products on the balance of the note). If the non-deductible portion of the contribution (premium) is deducted from the interest on the note, the yield-to-maturity will be reduced. Please consider this before investing.

This product is not available for IRAs.

Information on this web page is of general nature and is not intended to be legal, accounting, or tax advice. Neither the Lutheran Church Extension Fund nor its representatives give legal, accounting or tax advice. You should consult with your attorney and/or tax advisor as to the applicability of this information to your own situation.

For complete disclosure information, see the Offering Circular or request a copy by calling 1-800-843-5233. After reviewing the Offering Circular, download an application

Retirement Dreams Help Ministry

Your dreams of retirement can actually help LCMS ministries fulfill their dreams of carrying out God's plan, while staying vital and financially healthy. An LCEF IRA puts funds to work as an investment for you, and makes funds available for loans to rostered church workers, congregations, schools and universities, and other ministries.

A Trusted Guiding Resource

Just as our faith provides us with a compass to guide us through everyday life, LCEF offers guidance in matters related to building your ministry, from its physical structure to fostering leadership and volunteerism to stewardship education. Everything LCEF does is based on Lutheran principles with the goal of serving our Lord. We are your partner on this journey of sharing the Gospel.

LCEF is a nonprofit religious organization; therefore, LCEF investments are not FDIC-insured bank deposit accounts. This is not an offer to sell investments, nor a solicitation to buy. LCEF will offer and sell its securities only in states where authorized. The offer is made solely by LCEF's Offering Circular. Investors should carefully read the Offering Circular, which more fully describes associated risks.
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