MISSOURI DISTRICT EDITION

September 2011 Dear Friends, Welcome to the September 2011 edition of LCEF on the Move. It is hard to believe that in just a few days we will remember the tragic events of September 11, 2001 when nearly 3,000 people lost their lives in the horrific attacks on the World Trade Center, the Pentagon, and over the skies of Pennsylvania. It was one of those days that anyone who was alive at the time will always remember where they were when they heard the news and what they did in the hours and days that followed.

The concept of remembering significant events is Biblical. On numerous occasions, God commanded His people to erect a monument or to commemorate the anniversary of an event with a special activity.

It was just a few weeks ago that I celebrated my birthday. As I advance in years, I probably do not celebrate birthdays with the same level of excitement and anticipation that I did when I was a child or even as a teenager or young adult. However, one celebration that I try never to forego is that of my baptism, which happened a little more than three weeks after my birth. It is the most significant event in my life, far surpassing world events or even my wedding date or the birth of my children. It is the date that a Loving God reached down from Heaven to claim me by water and Word as His own child for now and for eternity. I do not remember the day, but God asks me to remember the significance of the day. He asks me to live each day as an anniversary of the day of my baptism – a constant remembrance of His love to me and to all in this world.

As redeemed children of our Loving God, we are called not only to remember, but also to action. I pray that each of you will take opportunity to witness your faith in the God who called you to new life in baptism to a world that remains in the darkness of sin. I also pray that God will bless our churches as they proclaim the Good News of salvation through Jesus Christ and welcome members of His family through baptism.

As churches carry out their ministry, it is also great to know that entities like Lutheran Church Extension Fund exist to support and encourage our congregations in ministry. I thank each of you for your support of LCEF and assure you that we will continue to do all we can to support our Lutheran Church – Missouri Synod and all its members and partners as well collectively seek to encourage people in their lives of witness, mercy, and in their relationships with others. In HIS Service,

Dennis Klussman LCEF Vice President

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Featured Loans: New Beginnings Lutheran Church, Pacific

Less than four years ago, the members of New Beginnings Lutheran Church celebrated the dedication of their first permanent worship facility. Now the church has already expanded in a number of ways: First, the congregation is expanding its current facility to allow for additional space to be used for children’s and youth ministry, as well as an additional worship service in an alternative setting. Second, the congregation has purchased some adjoining property that will allow for future expansion and parking. Finally, last month The Bridge Lutheran Church (a daughter church plant of New Beginnings) was officially chartered as a new congregation of The Lutheran Church – Missouri Synod. In order to support this growing ministry, the members of New Beginnings Lutheran Church have partnered with LCEF’s Capital Funding Services unit to raise a significant level of funds over the next three years. If all pledges are received, the church will be very close to debt free and will be in a position for further expansion. LCEF is privileged to partner with growing churches like New Beginnings Lutheran Church and we pray God’s richest blessings on all they do in ministry in the future.

The Missouri District Office has moved!

The Missouri District Office moved to its new location on the third floor of the Lutheran Hour Ministries Building on August 15th. The address remains the same, 660 Mason Ridge Center Drive, Suite 100, St. Louis, MO 63141. Our phone numbers, however, have changed. To reach Dennis Klussman, please call (314) 590-6207. For Karen Siegel, please call (314) 590-6210.

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KIDS Stamp Corner

The Blurb (for use in church bulletins, newsletters, etc.)

For more than ten years, Lutheran Church Extension Fund has provided housing and debt consolidation loans to pastors, teachers, DCEs, and other professional church workers of our church body. These loans have provided benefit to hundreds of workers and have helped them better afford a home. These loans can only be made because of the support of our LCEF investors. Call 1-800-THE-LCEF (843-5233) or visit www.lcef.org to see how you can support the ministry of LCEF.

At Your Service (LCEF Services Update)

Most people equate Lutheran Church Extension Fund with loans to churches for place and space for ministry. However, LCEF does more than just loan money to churches. Through its Capital Funding Services ministry, congregations have the opportunity to raise funds above and beyond tithes and regular offerings for building expansion, new ministries, or debt reduction. Capital Funding Services uses Biblically-based stewardship principles to help members grow spiritually and, in turn, respond to the blessings God has given them in support of the ministry of the congregation. All members are encouraged to voluntarily participate in the efforts and to give sacrificially. For more information about how Capital Funding Services can help your congregation, call LCEF at (800) 843-5233 or visit the LCEF website www.lcef.org for more information.

Did you know that nearly 200 LCMS churches and schools currently use LCEF’s Joyful Response ? This program allows churches and schools to electronically collect gifts and tuition payments simplifying the process for everyone. For more information about Joyful Response contact LCEF at (800) 843-5233 or visit the LCEF website www.lcef.org

Most schools are now back in session and young people are learning about many different subjects. How many young people are learning about the principles of Christian stewardship? One tool that can be used to help in this process is KIDS Count. KIDS Count, a curriculum designed by LCEF for day schools, digs deeper into the principles of Christian stewardship and personal finance. It also works well in conjunction with the KIDS Program, a savings stamp program also offered by Lutheran Church Extension Fund. Whether it is through KIDS or KIDS Count, young people learn the benefits of investing for the future while also supporting the mission and ministry of a congregation. For more information about the KIDS Count or the KIDS Program call LCEF at (800) 843-5233 or visit the LCEF website www.lcef.org.

Current LCEF Loan Rates

Congregations (Loans Amortized Up To Twenty Years): Annually-Adjusted Loan: 4.875% (Loans > $2 Million Adjusted Monthly) Five - Year Balloon Note 5.250%

Ten - Year Balloon Note 5.625% Construction Rate is 1% Higher During Construction Period

1% Loan Origination Fee Rostered Church Worker Mortgage Loans (Loans Amortized Up To Thirty Years): Five Year Adjustable Rate Loan (10% down payment): 3.875% - 4.375% Ten- and 15-year Fixed Rate Loan (10% down payment): 4.125% - 4.625% Final Interest Rate Based Upon Down Payment and Credit History

LCEF On The Move A Monthly Newsletter of the Missouri District LCEF

Contacts: Dennis Klussman, District Vice President E-Mail: Dennis.Klussman@lcef.org Mailing Address: 660 Mason Ridge Center Drive #100 St. Louis, Missouri 63141 Telephone: (314) 590-6207 For additional information, visit the LCEF website www.lcef.org or call (800)-843-5233.

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LCEF is a nonprofit religious organization; therefore, LCEF investments are not FDIC-insured bank deposit accounts. This is not an offer to sell investments, nor a solicitation to buy. The offer is made solely by LCEF’s Offering Circular. Investors should carefully read the

Offering Circular, which more fully describes associated risks.

Next Generation Note* (Minimum Investment $5000)

Fixed Term - Rate APY

Next Generation -- 3.375% 3.418%

Congregation Endowment Note (5-Year Fixed)

Minimum Investment Rate APY

$1,000 -- 1.975% 1.990%

$10,000 -- 2.100% 2.117%

$100,000 -- 2.225% 2.244%

Dedicated Certificate

Minimum Investment Rate APY

$100 -- 0.250% 0.250% Custodial accounts for minors: $25

$1,000 -- 0.375% 0.376%

$5,000 -- 0.500% 0.501%

IRA Dedicated Certificate

Minimum Investment Rate APY

$100 -- 0.375% 0.376%

$1,000 -- 0.500% 0.501%

$5,000 -- 0.625% 0.626%

$10,000 -- 1.250% 1.256%

HSA FlexPlus Certificate

Minimum Investment Rate APY

$1 -- 1.125% 1.131%

$2,500 -- 1.625% 1.637%

$5,000 -- 2.125% 2.146%

$15,000 -- 2.625% 2.657%

StewardAccount® Certificate

Minimum Investment Rate APY

$100 -- 0.375% 0.376%

$1,000 -- 0.500% 0.501%

$5,000 -- 0.625% 0.627%

$10,000 -- 1.250% 1.257%

Family Emergency

StewardAccount Certificate

Minimum Investment Rate APY

$25 -- 1.375% 1.384%

Balances of <$10,000 require monthly electronic investments

Lutheran Church Extension Fund Investment Interest Rates

September 2011

Congregation Certificates (Minimum Investment $100)

Rate APY Demand -- 0.375% 0.376% StewardAccount® Certificates

$100 -- 1.125% 1.131% $250,000 -- 1.250% 1.257% $500,000 -- 1.375% 1.384%

$1,000,000 + -- 1.500% 1.510%

Congregation Endowment Note (60-Month Floating)

Minimum Investment Rate APY

$1,000 -- 1.975% 1.990%

$10,000 -- 2.100% 2.117%

$100,000 -- 2.225% 2.244%

IRA Jumbo Notes (Minimum Investment $100,000)

Rate APY

5 Year Fixed -- 2.250% 2.269%

60 Month Floating -- 1.975% 1.990%

Cemetery Perpetual Care StewardAccount® Certificate

Rate APY

$1,000 -- 1.125% 1.131%

$25,000 -- 1.250% 1.257%

$50,000 -- 1.375% 1.384%

$100,000 + -- 1.625% 1.637%

Floating Term Notes (Minimum Investment $100)

Rate APY 2½ Year

(30 Month) -- 0.730% 0.732%

5 Year (60 Month)

-- 1.600% 1.610%

*In conjunction with the purchase of the Next Generation Note, you have made a contribution to the LCEF. A portion of this contribution is non-deductible and considered a premium on the purchase of the note since you are receiving a benefit in return for the contribution (i.e., a 1.5% higher interest rate on the balance of the note). The APY on the principal amount of the Next Generation Note is 3.418%. If the non-deductible portion of the contribution (premium) is deducted from the interest you receive on the note, the yield-to-maturity is reduced to 1.69%.

Fixed Term Notes (Minimum Investment $500)

Rate APY 6 Month -- 0.375% 0.376% 9 Month -- 0.500% 0.501% 1 Year -- 0.625% 0.626% 18 Month -- 0.875% 0.878% 2 Year -- 1.000% 1.004% 3 Year -- 1.250% 1.256% 5 Year -- 1.875% 1.888% 6-10 Year -- 2.125% 2.142% 11-15 Year -- 2.375% 2.396% 16-20 Year -- 3.000% 3.034%

1-800-843-5233 www.lcef.org

10733 Sunset Office Drive

Suite 300 St. Louis, MO 63127