INVESTMENTS Business Term Notes LCEF Term Notes are all about your choices. If your business has a connection to the LCMS, you can find an account that works for you by choosing the duration of your investment. Next, choose from several fixed- or floating-interest rate options. At the end of the term, the funds remain yours to re-invest or redeem.

Interest is compounded and paid quarterly (March, June, September and December).
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Fixed-Rate Term Note

This note carries a constant interest rate and requires a $500 minimum investment. A variety of terms are available, from 6 months to 5 years.

MinimumTermRateAPY *Penalty
* APY is the annual percentage yield, representing the effective rate of interest when all principal and interest payments are retained in the investment balance.
** New money only.
$5006 mos.**4.500%4.577%90 days of interest
$5001 year4.250%4.318%90 days of interest
$50018 mos.**5.000%5.095%90 days of interest
$5002 years4.250%4.318%90 days of interest
$5003 years4.250%4.318%120 days of interest
$5004 years4.000%4.060%180 days of interest
$5005 years4.000%4.060%180 days of interest

Jumbo Note – Fixed

MinimumTermRateAPY *Penalty
* APY is the annual percentage yield, representing the effective rate of interest when all principal and interest payments are retained in the investment balance.
$100,0005 years4.500%4.577%180 days of interest

Floating-Rate Term Note

This note’s rate may be adjusted monthly based on prevailing market rates and requires a $100 minimum investment. 30- and 60-month terms are available. Investments of $25 or more are accepted throughout the term.

MinimumTermRateAPY *Penalty
* APY is the annual percentage yield, representing the effective rate of interest when all principal and interest payments are retained in the investment balance.
$10030 months4.250%4.318%120 days of interest
$10060 months4.000%4.060%120 days of interest

Jumbo Note – Floating

MinimumTermRateAPY *Penalty
* APY is the annual percentage yield, representing the effective rate of interest when all principal and interest payments are retained in the investment balance.
$100,00060 months4.500%4.577%180 days of interest