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 and with a one account per entity rule. Transfers from other LCEF investments are not accepted.

Benefits & Features

  • Low minimum $500 investment to open
  • Two- or four-year term available
  • Premium fixed rate on balances up to $25,000
  • Additional funds can be added at any time ($25 minimum)
  • Interest compounded and paid quarterly (March, June, September, December)

PartnerPLUS Rates

February 2017

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 $25,0002 years2.000%2.015%90 days of interest
$500 to $25,0004 years2.500%2.524%180 days of interest
Over $25,000 - portion of balance > $25,000 earns second-tier fixed rate---1.000%1.005%Depends on term

See all investment rates.

 

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.

Fixed-Rate Term Note Rates

February 2017

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 months0.500%0.501%90 days of interest
$5009 months0.625%0.626%90 days of interest
$5001 year0.750%0.752%90 days of interest
$50018 months0.875%0.878%90 days of interest
$5002 years1.000%1.004%90 days of interest
$5003 years1.125%1.130%120 days of interest
$5004 years1.250%1.256%180 days of interest
$5005 years1.500%1.508%180 days of interest

See all investment rates.

 

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.

Floating-Rate Term Note Rates

February 2017

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 months1.000%1.004%120 days of interest
$10060 months1.250%1.256%180 days of interest

See all investment rates.

 

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-Rate Endowment Certificate Rates

February 2017

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 years1.225%1.231%
$10,0005 years1.350%1.357%
$100,0005 years1.475%1.483%

See all investment rates.

Floating-Rate Endowment Certificate Rates

February 2017

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 months1.225%1.231%
$10,00060 months1.350%1.357%
$100,00060 months1.475%1.483%

See all investment rates.

 

Frequently Asked Questions

  • How can I add to my term note investment?

    Floating-Rate, ConnectPLUS and PartnerPLUS term notes each allow additional investments of $25 or more to be made during the term. Additional investments of $25 or more may be made electronically through wire transfer, ACH or by sending a check with an Investment Slip (PDF).

    Fixed-Rate term notes allow additional funds to be invested but only at maturity, during the 20-day grace period.

  • How do I make a partial or full redemption from my LCEF investment?

    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.

  • How do I make a change to my automatic investment?

    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.

  • How do we update the authorized signers for our LCEF investment?

    Visit the authorized signers page for more information on how to keep your corporate investment up to date.

  • Why does LCEF need my personal information to be an authorized signer on an organization or business account?

    We use your personal information to verify your identity when you are transacting on behalf of your organization/business. When you call us to discuss the investment, we will ask you questions based on the personal information you have provided to ensure we are communicating with you. When a signer does not provide us with personal information, we are unable to verify identity. Therefore, we may be unable to assist with phone inquiries or allow enrollment in MyAccount (online financial service).

    Be assured that we treat all information in a secure and confidential manner. Refer to Privacy & Security or contact us at 800-843-5233 with any questions.

  • Who qualifies as an officer for the purpose of completing LCEF documents?

    Documents requiring an officer’s authorization may be completed by any officer who was duly elected by the organization or business they represent. If requested they can provide proof of their election through meeting minutes or other legally binding paperwork.

  • What is MyAccount?

    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:

    • Make internal and external transfers
    • Reorder checks
    • View check images
    • Make one-time and recurring payments through the Bill Payment option
    • Inform us of address changes (personal users only)
    • Contact us via secure email

    IRA and HSA investments limited to inquiry only access in MyAccount.