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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ConnectPLUS Term Note

If you want to experience the reward of supporting LCMS ministries and realize the financial benefits we offer, the ConnectPLUS Term Note is for you. This offer is available on a one account per investor basis only to new investors 18 and older who have not had an LCEF investment in the past 24 months. The offer is subject to change and is not available to investors in Ohio and Pennsylvania.

Benefits & Features

  • Low minimum $500 investment to open
  • Fixed rate on the first $50,000 (principal and interest) during the two-year term
  • Balance above $50,000 earns second-tier fixed rate
  • Additional funds can be added during the term ($25 minimum)
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.
$500 - $50,0002 years2.250%2.269%90 days of interest
Over $50,000---0.875%0.878%90 days of interest

PartnerPLUS Term Note

Your organization can empower the positive influence of ministries and rostered church workers on their communities by investing in LCEF’s PartnerPLUS term note. This offer is available for a limited time only.

Benefits & Features

  • Low minimum $500 investment to open
  • Two- or four-year term available
  • Premium fixed rate on balances up to $50,000
  • Additional funds can be added at any time ($25 minimum)
  • Interest compounded and paid quarterly (March, June, September, December)
  • Transfers from other LCEF investments are not accepted.
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.
$500 to $50,0002 years1.750%1.762%90 days of interest
$500 to $50,0004 years2.250%2.269%180 days of interest
Over $50,000---0.875%0.878%Depends on term

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.
$5006 months0.250%0.250%90 days of interest
$5009 months0.375%0.376%90 days of interest
$5001 year0.500%0.501%90 days of interest
$50018 months0.625%0.626%90 days of interest
$5002 years0.750%0.752%90 days of interest
$5003 years0.875%0.878%120 days of interest
$5004 years1.000%1.004%180 days of interest
$5005 years1.250%1.256%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 years1.625%1.635%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 months0.875%0.878%120 days of interest
$10060 months1.250%1.256%180 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 months1.625%1.635%180 days of interest

Endowment Certificate

An Endowment Certificate allows your ministry to receive and hold gifts for specific causes. LCEF offers fixed- and floating-rate Endowment Certificates so your organization can set aside gifts for building projects, additional investment income and more. Investments of $1,000 or more are accepted throughout the term for the floating-rate Endowment Certificate.

The Endowment Certificate is only available to congregations and Recognized Service Organizations (RSOs).

Benefits & Features

  • Minimum $1,000 investment to open
  • 60 month term
  • Tiered interest rates that rise as your balance grows
  • Interest compounded and paid quarterly (March, June, September, December)

Fixed Rates

MinimumTermRateAPY *
* APY is the annual percentage yield, representing the effective rate of interest when all principal and interest payments are retained in the investment balance.
$1,0005 years1.250%1.256%
$10,0005 years1.375%1.382%
$100,0005 years1.500%1.508%

Floating Rates

MinimumTermRateAPY *
* APY is the annual percentage yield, representing the effective rate of interest when all principal and interest payments are retained in the investment balance.
$1,00060 months1.250%1.256%
$10,00060 months1.375%1.382%
$100,00060 months1.500%1.508%