Term Notes for Your Congregation
Choose a term up to five years and watch your investment grow—both in returns and in impact.
About Term Notes
A term note at LCEF allows you to grow your funds while making a real difference. Choose the term that fits your congregation’s goals, and enjoy peace of mind knowing your investment is supporting LCMS ministries that make a difference every day, just like yours.
Explore the Benefits
Flexible terms and rate options.
Online access to your account.
Compounding interest paid quarterly.
Supports LCMS Ministries.
Congregations, schools and organizations can enjoy the benefits of MyAccount by completing and submitting a MyAccount enrollment form.
Fixed-Rate Term Note
| Minimum | Term | Rate | APY* | Penalty |
|---|---|---|---|---|
| $500 | 6 mos.** | 4.500% | 4.577% | 90 days of interest |
| $500 | 1 yr. | 4.250% | 4.318% | 90 days of interest |
| $500 | 18 mos. | 4.250% | 4.318% | 90 days of interest |
| $500 | 2 yrs. | 4.250% | 4.318% | 90 days of interest |
| $500 | 3 yrs. | 4.250% | 4.318% | 120 days of interest |
| $500 | 4 yrs. | 4.000% | 4.060% | 180 days of interest |
| $500 | 5 yrs. | 4.000% | 4.060% | 180 days of interest |
* 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.
Fixed-Rate Jumbo Note
| Minimum | Term | Rate | APY* | Penalty |
|---|---|---|---|---|
| $100,000 | 5 yrs | 4.500% | 4.577% | 180 days of interest |
Floating Rate Term Note
| Minimum | Term | Rate | APY* | Penalty |
|---|---|---|---|---|
| $100 | 30 mos. | 4.250% | 4.318% | 120 days of interest |
| $100 | 60 mos. | 4.000% | 4.060% | 180 days of interest |
* APY is the annual percentage yield, representing the effective rate of interest when all principal and interest payments are retained in the investment balance.
Open Your Account Online Today
Join Lutheran Investors Like You
Sarah Grack-Moritz
School Technology & Innovation, Orange, Calif.
“I am an LCEF investor because we believe in what LCEF does. LCEF helps schools and churches … get loans that they would never have been able to get so that we can promote the spreading of the Gospel and support the community around us.”
Rev. Adam Salinas
Concordia Lutheran Ministries, Freeport, Pa.
“I enjoy investing in LCEF because I know that our money goes towards building new churches and schools. I enjoy investing with them because they are caring and supportive in the financial services that they provide.”
Rev. Michael Schmidt
Peace Lutheran Church, Natoma, Kan.
“Money invested goes beyond traditional means and goes to help churches and schools that share our core beliefs.”
FAQs
What information do I need to start a term note online?
Authorized Signers will need the following information in order to complete the application:
- Driver’s License/State ID with current address for upload
- Complete physical and mailing address
- Social Security number
- Mother’s Maiden Name
- Date of Birth
If the ID does not reflect your current address, we will need one of the following:
- An updated Valid Driver’s License/State ID
- A utility bill in the last 30 days with your name and current address
- A bank statement in the last 30 days with your name and current address
What happens at the end of my term?
How do I transfer funds into my account?
If you are applying online for your congregation’s account, you may transfer funds via ACH or mail in a check. To add funds after the account is open, you may transfer funds if you are signed up for MyAccount online access or mail a check to the address listed below.
For Deposits Only:
Lutheran Church Extension Fund
PO BOX 219193
Kansas City, MO 64121-7229
Can I mail in a paper application?
Who do I contact if I need help with my application?
Contact our Customer Relations team at request@lcef.org or 800-843-5233 7 a.m. to 5 p.m. (CT) Monday through Friday.
Helpful Documents
Open Your Account Online Today
All you will need to apply is the personal information and drivers’ licenses of the signers you’d like on the account and your congregation’s banking details.