november 2012 lcef on the move

November 2012 Dear Friends, Welcome to the November issue of On the Move. We are nearing the end of another calendar year and November is often a month that many congregations formalize their plans for the next year. It is often the time that officers are elected, budgets are adopted, and other “church business” is dealt with prior to the holiday season and the beginning of a new year. Have you ever thought much about what guides our decision-making process as a congregation? In other words, what criteria should we use in making decisions about how our resources as a congregation are utilized or who leads our congregations and the like? Often times our officers are those who have previously served in other capacities and are willing to continue serving. Our budget is taking what we spent last year and adding a percentage or two and praying that the income side equals what we think we need to spend. How would things change if there was a vision that everyone (or almost everyone) agreed upon and drove every major decision of the congregation? Would you still do “business as usual”? LCEF is pleased to introduce a new resource available to congregations and schools called VisonPath. It is a very straightforward effort to clarify the direction a congregation wishes to pursue in its ministry and then align resources to move in that direction. The efforts are put forth by congregation leaders with the assistance of a trained facilitator. More information about VisionPath is included in this newsletter and I commend this effort to your prayerful consideration. November is the month when we, as a nation, set aside a National Day of Thanksgiving. While I hope that I say “thank you!” more than once a year, there is no way that LCEF can do what it does without the support of our faithful investors. So, once again, I thank you for your support of LCEF. Your investments do really make a difference and, with God’s blessing, will continue to do so in the future. Thanks again for your past, present, and future support of LCEF. In HIS Service, Dennis Klussman LCEF Vice President

On the Move

Lutheran Church Extension Fund (LCEF) was established in order to support The Lutheran Church—Missouri Synod in fulfilling its mission of sharing the Gospel. LCEF ensures that loan dollars and ministry service resources are available to LCMS ministries now and into the future. LCEF is committed to finding new opportunities to fulfill the mission of connecting LCMS ministries with the resources they need to grow the community of believers and build their ministry. Today, LCEF has a new opportunity for leaders of ministries such as congregations and schools called VisionPath. There are many programs available to help ministries be more effective in living out their calling to be the people of God. Here’s what makes VisionPath unique: LCEF will help facilitate a process for the leadership of a ministry in order to establish direction. A one-time, half-day event at the church or school site will be facilitated by a trained LCEF consultant. It will focus on the question, “Why are we here?” After a direction is set, a VisionPath team is formed that will be guided by an experienced facilitator to: Refine the direction Articulate the direction Construct strategies Determine whether to conduct a covenant event The LCEF consultant stays in contact, offering encouragement and support, helping ensure the path is clear and the vision fulfilled. The benefits of VisionPath include: Economical price. Flexible duration: ministries often take between four and 18 months. Lutheran-trained consultants. LCEF’s VisionPath facilitators are Lutheran Church—Missouri Synod

pastors. Minimal preparation. No special training required of pastor or VisionPath team.

To find out more about VisionPath, contact Dennis Klussman at the contact information found on Page 4 of this newsletter or call LCEF at (800) 843-5233 and ask for Ministry Support.

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

God has so richly blessed us as a nation and as individuals. During this month, we pause to give Him thanks for His bountiful goodness. In addition to our temporal blessings, God gave us the ultimate blessing by sending His Son, Jesus Christ to be our Savior and to win atonement for us through His death and resurrection. Your investment in Lutheran Church Extension Fund helps provide place and space for churches to reach out with this Good News. Call 1-800-THE-LCEF (843-5233) or visit www.lcef.org for more information.

Did you know that hundreds, if not thousands, of LCMS congregations have benefitted from use of LCEF services? In addition to linking investors with congregations in need of loans for building, LCEF is committed helping congregations and schools connect with other resources that can help improve the conditions under which ministry is carried out in the local community. For more information, visit the LCEF website lcef.org or call (800) 843-5233 and ask for Ministry Support.

Did You Know?

LCEF Investors – Just Like You!

LCEF Investors – Just Like You!

LCEF investors are people just like you. Their priorities in life are their faith, their families, and their friends. They are working hard at their jobs or are now doing what they can to enjoy retirement. One aspect of their lives is that they take great pride in is their investment in LCEF. They are receiving a competitive rate of return on their LCEF investment and the assurance that LCEF has an unparalleled history of financial strength. However, the most important thing to them about investing in LCEF is knowing that LCEF uses their investments to help build and support churches. Investing in LCEF is easy and generates both short-term and eternal rewards. Visit the LCEF website lcef.org or call (800) 843-5233 for more information on becoming an investor in LCEF.

http://www.lcef.org

Current LCEF Loan Rates

Congregations (Loans Amortized Up To Twenty Years): Annually-Adjusted Loan: 4.375% (Loans > $2 Million Adjusted Monthly) Five - Year Balloon Note 4.875% Ten - Year Balloon Note 5.250% 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): 3.000% - 3.500% Ten- and 15-year Fixed Rate Loan (10% down payment): 3.250% - 3.750% Final Interest Rate Based Upon Down Payment and Credit History

On The Move A Monthly Newsletter of the Missouri District LCEF

Contacts: Dennis Klussman, District Vice President E-Mail: [email protected] 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.

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 Jumbo Notes (Minimum Investment $100,000)

Rate APY

5 Year Fixed -- 1.750% 1.762%

60 Month Floating

-- 1.205% 1.210%

LCEF StewardAccount access features provided through UMB Bank, n.a. LCEF is a nonprofit religious organization; therefore, LCEF investments are not FDIC-insured bank deposit accounts. This is not an offer to sell LCEF investments, nor a solicitation to buy. LCEF will offer and sell its securities only in states where authorized. The offer is made solely by LCEF’s Offering Circular. Investors should carefully read the Offering Circular, which more fully describes associated risks.

Congregation Endowment Note (5-Year Fixed)


$1,000 -- 1.205% 1.210%

$10,000 -- 1.330% 1.337%

$100,000 -- 1.455% 1.463%

StewardAccount® Certificate


$100 -- 0.250% 0.250%

$1,000 -- 0.375% 0.376%

$5,000 -- 0.500% 0.501%

$10,000 -- 0.875% 0.879%

IRA Dedicated Certificate


$100 -- 0.250% 0.250%

$1,000 -- 0.375% 0.376%

$5,000 -- 0.500% 0.501%

$10,000 -- 0.875% 0.878%

HSA FlexPlus Certificate


$1 -- 0.750% 0.753%

$2,500 -- 1.250% 1.257%

$5,000 -- 1.625% 1.637%

$15,000 -- 2.250% 2.273%

Family Emergency StewardAccount Certificate


$25 -- 1.000% 1.005%

Balances of <$10,000 require monthly electronic investments

Investment Interest Rates

November 2012

Congregation Certificates (Minimum Investment $100)

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

$100 -- 0.625% 0.627% $250,000 -- 0.750% 0.753% $500,000 -- 0.875% 0.879%

$1,000,000 + -- 1.000% 1.005%

Congregation Endowment Note (60-Month Floating)


$1,000 -- 1.205% 1.210%

$10,000 -- 1.330% 1.337%

$100,000 -- 1.455% 1.463%

Cemetery Perpetual Care StewardAccount Certificate

Rate APY

$1,000 -- 0.625% 0.627%

$25,000 -- 0.750% 0.753%

$50,000 -- 0.875% 0.879%

$100,000 + -- 1.125% 1.131%

Floating Term Notes (Minimum Investment $100)

Rate APY 2½ Year (30 Month) -- 0.390% 0.391%

5 Year (60 Month) -- 0.830% 0.833%

Fixed Term Notes (Minimum Investment $500)

Rate APY 6 Month -- 0.125% 0.125% 9 Month -- 0.250% 0.250% 1 Year -- 0.375% 0.376% 18 Month -- 0.500% 0.501%

2 Year -- 0.625% 0.626%

3 Year -- 0.875% 0.878%

5 Year -- 1.375% 1.382%

800-843-5233 lcef.org

10733 Sunset Office Drive

Suite 300 St. Louis, MO 63127

november 2012 lcef on the move

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