ConnectPLUS Term Note

If you want to experience the reward of supporting LCMS ministries and realize the financial benefits we offer, the ConnectPLUS Term Note is for you. This offer is available on a one account per investor basis only to new investors 18 and older who have not had an LCEF investment in the past 24 months. The offer is subject to change and is not available to investors in Ohio and Pennsylvania.

Benefits & Features

  • Low minimum $500 investment to open
  • Fixed rate on the first $5,000 (principal and interest) during the two-year term
  • Balance above $5,000 earns second-tier fixed rate
  • Additional funds can be added during the term ($25 minimum)

ConnectPLUS 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 $5,0002 years3.000%3.034%90 days of interest
Over $5,000 - portion of balance > $5,000 earns second-tier rate---1.000%1.004%90 days of interest

See all investment rates.

 

PartnerPLUS Term Note

You can empower the positive influence of ministries and Rostered Church Workers on their communities by investing in LCEF’s PartnerPLUS term note. This limited time offer is available on a one account per investor basis only to investors 18 and older. 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)
  • IRA investments allowed

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.

 

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 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.