StewardAccount

A busy lifestyle doesn’t mean you can’t manage your daily finances with the Lord’s work in mind. With our standard StewardAccount, you can write checks, use a debit card and conduct online transactions through MyAccount. Your StewardAccount goes where you go.

Benefits & Features

  • Minimum $100 investment to open account
  • Unlimited number of checks per month, with per-check minimum of $250
  • Initial quantity of checks free and check reorders at LCEF cost
  • Visa® debit card (optional)
  • Tiered interest rates that rise as your balance grows
  • Interest compounded and paid monthly
  • No monthly maintenance or membership fees
  • Free MyAccount online services, including bill pay and e-statements

StewardAccount Rates

March 2017

MinimumRateAPY *
* APY is the annual percentage yield, representing the effective rate of interest when all principal and interest payments are retained in the investment balance.
$1000.375%0.376%
$1,0000.500%0.501%
$5,0000.625%0.627%
$10,0000.875%0.879%

See all investment rates.

 

Family Emergency StewardAccount

LCEF’s Family Emergency StewardAccount is designed to prepare you for those moments when you need funds not allocated in your monthly budget. Your investment builds over time with electronic funds transfer (EFT) and interest earned. You can access the funds easily when you need them most.

This investment is known as the Family StewardAccount in Ohio.

Benefits & Features

  • Minimum $25 investment to open account
  • Minimum $25 monthly electronic investment required until account reaches and maintains balance of $10,000 or more
  • Limit 12 checks per calendar year, with per-check minimum of $250
  • Initial quantity of checks free and check reorders at LCEF cost
  • Interest compounded and paid monthly
  • No monthly maintenance or membership fees
  • Free MyAccount online services, including e-statements

Family Emergency StewardAccount Rates

March 2017

MinimumRateAPY *
* APY is the annual percentage yield, representing the effective rate of interest when all principal and interest payments are retained in the investment balance.
$251.000%1.005%

See all investment rates.

 

Frequently Asked Questions

  • How do I report a lost or stolen Visa debit card?

    Call the UMB Card Center at 800-449-9176.

  • How can I add to an investment?

    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).

  • 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 I stop payment on an ACH debit to my LCEF investment?

    Complete the ACH Stop Payment Form (PDF) and return it to us. The form must be received before the ACH debit has posted to your LCEF investment. This form may be used for a one-time or permanent stop payment of an ACH debit.

  • How do I change the ownership of my investment?

    Contact us at 800-843-5233 to discuss your request and obtain the necessary forms to complete the modification.

  • How do I get more information regarding the beneficiary designation on my investment?

    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.

  • 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.

  • What is Simply Statements?

    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.