What Is a Health Savings Account (HSA)?

March 24, 2017 | Posted by LCEF

A Health Savings Account (HSA) is a tax-advantaged medical savings account. Think of an HSA as a savings account that allows you to set aside money on a pre-tax basis to pay for qualified medical expenses. To be eligible, you must be a taxpayer in the United States and enrolled in a high deductible health plan […]


3 Great Gifts You Can Leave as Part of a Lovi...

March 21, 2017 | Posted by LCEF

During your lifetime, you may work 40 years to accumulate assets and spend 10 to 20 years conserving that accumulation. Through good planning, another wonderful chapter in the book of your life can be completed. In your Christian walk with the Lord, you understand that through proper planning, a legacy of love and care that […]


What Is a Fixed Rate Loan?

March 10, 2017 | Posted by LCEF

Home ownership is like opening a new chapter in your life. A chapter where you put down roots, raise a family, invest in a community and even grow old together. Home ownership is a time when you settle into a place you can call home. Fortunately, home ownership is affordable for many families due to […]


Inside the Life of LCEF Employee Sharon Bolli...

March 3, 2017 | Posted by LCEF

Last month we started a monthly series called “Inside the Life of an LCEF Employee.” Our goal was to introduce you to the funny, kind, generous, helpful and loyal people who roam our halls. And this month, once again, we don’t disappoint. And let’s not forget that today, March 3, is Employee Appreciation Day. Let’s […]


What Is an Adjustable Rate Mortgage (ARM)?

February 24, 2017 | Posted by LCEF

You might be surprised to discover that before the Great Depression only four in ten people owned their home. The rest rented. For good reason. Most mortgages during this time limited loans to 50% of the home’s value. In addition, these loans ranged from three to five years in length, then ended with a balloon payment […]


Discover This Double Benefit When You Give Pr...

February 21, 2017 | Posted by LCEF

Susan and Kevin bought a vacant lot along Lake Michigan many years ago. They had planned to build a second home so that their children could spend their summers along the lake. However, as time went on, Kevin’s job kept him in town and the children grew up before Susan and Kevin had the financial […]