If you have funds you’d like to invest only for a short period of time, LCEF’s Dedicated Certificate is the right investment for you. This investment has no maturity date and allows you to access your funds or add to them as needed with no penalty.
Please note that the Dedicated Certificate is not available to investors in South Carolina.
For complete disclosure information, see the Offering Circular or request a copy by calling 800-843-5233. Fees (PDF) may be charged for customer-initiated service requests.
Additional investments may be made electronically through MyAccount (LCEF’s online financial service), wire transfer, ACH or by sending a check with an Investment Slip (PDF).
Redemptions can be made from investments at any time. Complete the redemption section of the Investment Slip (PDF) and mail or fax to us. Unless otherwise instructed, a check will be issued.
StewardAccount® holders have the ability to write checks or may have access to their funds via the debit card.
Term Notes: Redemption of a term note prior to the maturity date may be subject to an early withdrawal penalty, which could result in the loss of principal.
To update your bank information or change the transfer amount, complete the Investment ACH Authorization Form (PDF) and return to us at least 5 business days before the next scheduled transaction date.
To stop your transfer, write or call us at 800-843-5233. Requests must be received at least 5 business days before the next scheduled transaction date.
Contact us at 800-843-5233 to discuss your request and obtain the necessary forms to complete the modification.
Your named beneficiaries are reflected on the Investment Certification acknowledgement you received when the account was opened. If you subsequently added or changed a beneficiary on an existing account, those modifications are acknowledged in a letter sent to you. To confirm beneficiary information on an existing account, call us at 800-843-5233.
You may complete a Beneficiary Designation Form (PDF) at any time to add or change a beneficiary. For jointly held investments, we require the signature of all owners to process the request.
Important: To ensure the accuracy of our records, a newly executed Beneficiary Designation Form replaces, in its entirety, all prior beneficiary forms. The beneficiaries named on the most current form will be the only beneficiaries recognized by LCEF.
MyAccount is a secure online service allowing investors and borrowers quick access to their LCEF investment and loan information. Besides viewing balances, account history and accessing eStatements, users may:
IRA and HSA investments limited to inquiry only access in MyAccount.
Simply Statements allows personal users to view their LCEF investment and loan statements securely online for up to six months at no cost. Statements arrive much sooner than mailed statements. A copy of an older statement can be requested by contacting us at 800-843-5233.
Residential mortgage loans serviced by LoanCare are not included in this service.