Dear Friend in Christ,
Reaching out in mercy and responding to human needs have been a key component
throughout the history of The Lutheran Church—Missouri Synod (LCMS). We are proud to
support individuals, churches, schools and organizations who work tirelessly to share the
compassion of Christ, meeting the needs of those who are suering, poor, sick or lonely.
It is through the support of our faithful investors that this is even possible—and we take seriously
that privilege to steward gifts we do not own. We are people and an organization who confess
that God is the source of all good gifts. We are stewards of those gifts to boldly love others for
the sake of Christ.
We understand the unique challenges that LCMS ministries face. As a former pastor and
Lutheran school headmaster, I fully appreciate the privilege we have to serve your needs.
As president and CEO of Lutheran Church Extension Fund (LCEF), I have the opportunity to
help extend your reach and want to be a part of your great work of mercy and encourage you
to dream beyond conventional paradigms to impact the world with the Gospel of Jesus Christ.
This is a relationship that is centered on Christ. And this is why we regard you as family. I
can honestly say that everyone at LCEF is grateful for the service you provide to your local
communities, the nation and the world. LCEF is all about Lutherans helping other Lutherans.
We look forward to building a relationship with you, and we stand ready to serve in whatever
capacity your need demands—today and far into the future. We are here for you.
Use this guide to get to know us better and discover the joy of making ministry happen.
God’s blessing,
Rev. Bart Day
President and CEO
Lutheran Church Extension Fund
A LETTER
FROM
OUR CEO
FINANCIALLY STRONG
THROUGH OUR INVESTORS
We wouldn’t be able to help support Lutheran Church—Missouri Synod (LCMS) ministries without
the faithful support of our 60,000 investors. This strong and stable base means the important role
Lutheran Church Extension Fund (LCEF) plays in supporting the LCMS, through loans and ministry
support services, will continue long into the future. For over 40 years, our mission is to ensure
you have the resources available to fulll your call for God’s glory. We do that in three ways:
investments, loans and ministry support services.
You can feel good partnering with LCEF because we share your Lutheran beliefs. We also
share your love of the church.
60,000 INVESTORS • $1.64 BILLION LOAN PORTFOLIO • $2.01 BILLION IN TOTAL ASSETS
Numbers as of June 30, 2020.
Faith Community Lutheran Church,
Las Vegas.
03
Investments
Our investors are the center of
everything that we do. When
you invest with LCEF, your
investment not only grows in
numbers, but it also contributes
to the growth of LCMS
ministries all over the world.
Investing in LCEF is investing in
the future of the church.
Loans
Our investors help us meet the
needs of LCMS congregations,
organizations and rostered
workers so they are able to
expand and enrich their ministries
and continue to share the love of
Christ now and in the future.
Ministry Support
When you invest with LCEF, we
invest in the church by providing
ministry support services to LCMS
congregations and organizations.
These services dene ministry
opportunities, design solutions
and align resources to propel the
Kingdom forward.
“Since our rst campus was built, LCEF has been our partner in growth...To be honest, without LCEF we would not have been
able to do what we have done in ministry .” — Rev. Craig Michaelson, Faith Community Lutheran Church, Las Vegas
04
INVESTED
IN THE CHURCH
Our investors are the center of everything that we do.
When you invest with Lutheran Church Extension Fund
(LCEF), your investment not only grows in numbers, but it
also contributes to the growth of Lutheran Church—Missouri
Synod (LCMS) ministries all over the world. Investing in LCEF
is investing in the future of the church. We offer various
investment options for LCMS:
INDIVIDUALS
CONGREGATIONS
ORGANIZATIONS
VISIT LCEF.ORG/INVESTMENT-RATES
TO SEE OUR LATEST RATES.
St. Louis Headquarters
All investments start at LCEF headquarters in St. Louis.
Loans Department
Your investments make it possible for us to offer loans
to LCMS Rostered Church Workers, congregations
and organizations.
Congregations
Your investment allows a congregation to x a
leak in their roof. It also allows a congregation to
expand their sanctuary to t more people. Another
congregation is able to purchase virtual streaming
equipment. The list keeps going thanks to you!
Organizations
Your investment allows an LCMS Recognized Service
Organization to purchase a better facility to meet their
needs. A community of churches is able to pool their
resources and build the rst Lutheran High School in
their area. A Lutheran retirement community is able
to offer more services with their new community
center. These ministries are able to grow and all
thanks to you!
Rostered Church Workers
Your investment allows a number of Rostered Church
Workers to be able to afford their very rst home!
Ministry Support Services
In order to continue the impact of your investments,
LCEF invests in the church by providing ministry
support services to help ministries continue to grow!
THE LCEF INVESTMENT ROAD MAP
Emmanuel Lutheran Church
Kettering, Ohio
05
“Placing my [investments] in LCEF has been a blessing to me, knowing it is
in a secure place. But knowing that they will go to bless other ministries of
the LCMS like churches and schools is even more rewarding.”
— Rev. Dr. Willie Stallworth, East St. Louis, Ill.
Invested in you.
Invested in the church.
StewardAccount
®
LCEF offers various StewardAccounts designed to provide premium
rates and easy access to your investment. You’ll maintain full
control over your balances and enjoy convenient online access.
Young Investors (Y.I.) StewardAccount
®
The Y.I. StewardAccount makes saving money fun and teaches your
child to give thanks for God’s blessings—while supporting the church.
Term Note
LCEF term notes are all about your choices. Choose the duration,
whether xed - or oating - interest rate and watch as the interest
is compounded and paid quarterly.
Individual Retirement Account
Start saving enough to retire comfortably with LCEF’s Individual
Retirement Account (IRA), and rest easy knowing that your money
is being used to support LCMS ministries across the country.
Traditional and Roth IRAs are available.
Health Savings Account
Health Savings Accounts (HSA) offer you the opportunity to use
your funds to pay for qualifying medical expenses. Contributions
are tax-deductible, earnings grow tax-free and withdrawals are
tax-free for qualied medical, dental and vision expenses.
Must be paired with a high-deductible health plan.
LCEF is a nonprot 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.
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. Neither LCEF nor its representatives give legal, accounting or tax advice. Consult your tax advisor as to the applicability of this information
to your own situation. UMB Bank n.a. serves as the custodian for the LCEF IRA/HSA programs. StewardAccount
®
products are not available to investors in South Carolina.
StewardAccount access features are offered through UMB Bank n.a. View current rates at lcef.org.
06
LOANS BUILT
AROUND YOU
Lutheran Church Extension Fund (LCEF)
has been the nancial arm of The Lutheran
Church—Missouri Synod (LCMS) for over
40 years.
We understand ministries like no other lender and have
the ability and willingness to customize loans in ways to
meet your unique needs that few others can.
WE’RE BY YOUR SIDE THE WHOLE WAY.
Since 2011, impaired loan balances and delinquencies
have steadily declined through the efforts of LCEF’s Loan
Resolution Group. This allows ministries to get back on
track when otherwise they may stall or stagnate.
VISIT LCEF.ORG/LOAN-RATES
TO SEE OUR LATEST RATES.
Rev. Kirk and Lori Clayton
Zion Lutheran Church
Mascoutah, Ill.
07
LCEF provides a wide range of loans to congregations,
schools, school associations and Recognized Service
Organizations (RSOs) of the LCMS.
• Real estate (purchase and renance)
• Construction
• Construction bridge
• Property improvement
• Technology upgrades
• Energy efciency projects
• Expansion and renovation
• Equipment purchases
• Lines of credit
• Natural disaster loss
• Ministry Jump Start loan
• Church Improvement Loan (CHIL)
LCMS MINISTRIES
Discover our range of
ministry and personal loans.
For those states not listed above, Rostered Church Worker mortgage loans are available through the Lutheran Federal Credit Union (LutheranFCU). In addition to the
mortgage loans, the LutheranFCU also provides debt and education consolidation loans to rostered church workers. Visit lcef.org/residential-loans for more information.
Lutheran Church Extension Fund-Missouri Synod: 10733 Sunset Ofce Drive, Suite 300, St. Louis, MO 63127-1020. Phone number: 800-843-5233. Website: lcef.org.
(NMLS#3444). LutheranFCU is not afliated with LCEF. Lutheran Church Extension Fund-Missouri Synod, 10733 Sunset Ofce Drive, Suite 300, St. Louis, MO 63127-1020,
800-843-5233, lcef.org, NMLS #3444, Illinois Residential Mortgage Licensee (MB.0006057), Loans made or arranged pursuant to a California Law License 6037619. For more
information on LCEF’s lending license go to lcef.org/state-disclosure.
Lutheran Federal Credit Union: 10733 Sunset Ofce Drive, Suite 406, St. Louis, MO 63127-1020. Phone number: 314-394-2790.
Website: lutheranfcu.org. (NMLS# 1301052).
• Residential (purchase and renance)
• Home equity
Mortgage loans are available to Rostered Church Workers (RCWs)
(Ordained and commissioned, active or emeritus) through LCEF*.
Features include low down payment options and no private
mortgage insurance (PMI) requirement.
ROSTERED CHURCH WORKERS
*LCEF Residential Loan applications are accepted from:
Arizona*, California, Colorado, Florida, Illinois, Indiana, Iowa,
Kansas, Michigan, Minnesota, Missouri, Nebraska, Ohio,
Texas**, Washington, Wisconsin*.
*Specic state regulations are applicable in Arizona and
Wisconsin. Call 800-843-5233 for details.
**All cash-out renances and straight renances in excess of
80% loan-to-value are not available in Texas.
Concordia
Lutheran Church
Louisville, Ky.
FOR ORGANIZATION AND SCHOOL ASSOCIATION LENDING, CONTACT NATIONAL.LENDING@LCEF.ORG
FOR CONGREGATIONAL LENDING, CONTACT YOUR DISTRICT VICE PRESIDENT. VISIT LCEF.ORG/DVP.
08
Lutheran Church Extension Fund (LCEF) partners with Lutheran Church—
Missouri Synod (LCMS) congregations, Recognized Service Organizations
(RSOs) and LCMS districts to offer ministry support services that dene
opportunities, design solutions and align resources that propel the Kingdom
forward. We discover with you where God is leading and, with your leaders,
design creative and relevant solutions for what is ahead.
JOYFULLY LIVE
OUT YOUR PURPOSE
“The campaign made me proud to be a member of the
Resurrection family as so many members stepped up to
give sacricially of their time, talent and treasure.”
—Deb Oesterling, Resurrection Lutheran, Cary, N.C.
DISCOVERY
Every partnership begins with discovering the opportunities God has
laid before your congregation and designing custom solutions that
work for you.
VISIT LCEF.ORG/JOYFULPURPOSE
TO DISCOVER THE POSSIBILITIES TODAY.
Lisa Sharp, kindergarten teacher
Zion Lutheran School
Litcheld, Ill.
Redeemer Lutheran Church
Fort Collins, Colo.
Trinity Lutheran Camp
Bigfork, Mont.
Hope Lutheran Church
St. Louis, Mo.
09
Consecrated Stewards
This multi-week process guides your
congregation through a stewardship
journey. It features studies, sermons and
promotional materials designed to make
implementation of the program as easy
as possible for your leaders.
RESOURCES
Dene Opportunities
Design Solutions
Align Resources
MINISTRY CLARITY
Ministry Clarity processes discover God’s
vision for your ministries and equip your
leadership to condently follow the path
God has laid before them.
Visioning
Establishing God’s vision for your ministry.
Ministry Planning
Exploring ministry opportunities and
creating a dynamic strategic plan.
Campus Planning
Creating a plan that works to match your
facilities to your ministries.
Financial Planning
Designing a nancial plan that supports
your Ministry Plan.
Clarity Communication
Communicating your Master Plan to
your congregation.
CAMPAIGNS
Embark on a three-plus year journey of
ministry expansion as your congregation
commits to the future the Lord has
prepared for you.
Ministry Focused
Our campaigns lift up the ministry work
Jesus has laid before your congregation.
Capital Clarity
We work with your leaders to build a
campaign message that connects your
capital goals to your ministries.
Custom, Flexible, Digital
We design each campaign with your
leadership in our project management
software; no more binders!
3+ Year Partnership
We guide and support your campaign
process from planning through fulllment.
ORGANIZATIONS
Our work extends to Recognized
Service Organizations (RSOs) of all
sizes. Let’s work together to extend the
work of your ministry organization.
Ministry Clarity
Discovering God’s vision for your organization and creating the ministry
plan to pursue it.
Development
Supporting your organization’s development goals with best practices
training, comprehensive planning and ongoing consulting.
Campaigns
Embark on a three-plus year journey of ministry expansion by
connecting supporting partners and donors to the work God is calling
your organization to accomplish in His name.
10
More Resources
FOR YOUR MINISTRY
11
JOYFUL RESPONSE
®
Lutheran Church Extension Fund (LCEF) offers e-tithing and e-tuition
payments through the Joyful Response program. Joyful Response is a
free stewardship service for Lutheran Church—Missouri Synod (LCMS)
congregations, schools and Recognized Service Organizations (RSOs) and
allows members to give one-time gifts or recurring tithes on your website or
by a mobile phone app. Visit lcef.org/joyful-response for more information.
MERLE FREITAG MISSION PLANT FUND
Named after LCEF’s fourth president and CEO, LCEF established this fund
to provide loans for operational costs that come with the planting of new
LCMS missions in the U.S., continuing the work of spreading the Gospel.
TAKE HEART SCHOLARSHIP
The Take Heart Scholarship fund was developed for high school seniors
who will soon advance to their next level of education.
Interest Time is Lutheran Church Extension Fund’s (LCEF) ofcial
publication. It is a quarterly magazine that informs and educates our
partners—investors, borrowers and ministry support clients—on how LCEF
is supporting the church in fullling its mission of sharing the Gospel. View
powerful videos and read stories at interesttime.org.
Webster Gardens Lutheran Church
Webster Groves, Mo.
12
GET CONNECTED
lcef.org
LCEF National Oce
10733 Sunset Oce Drive
Suite 300
St. Louis, MO 63127-1020
Mailing Address
PO Box 229009
St. Louis, MO 63122-9009
Oce Hours
7:45 a.m. to 4:15 p.m. (CT)
Monday through Friday
800-843-5233
Call Center Hours
7 a.m. to 5 p.m. (CT)
Monday through Friday
@MyLCEF
@LCEF_
@lcef_
The LCEF
Visit lcef.org/DVP today!
District Vice President (DVP)
Contact Information
13
“LCEF is a good choice for Lutherans
because they understand our needs and
are ready to help the best way they can.”
— Rev. Dr. Victor Raj, St. Louis, Mo.
LCEF is a nonprot 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. 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. Neither LCEF nor its representatives give legal, accounting or tax advice. Consult your tax advisor as to
the applicability of this information to your own situation. UMB Bank n.a. serves as the custodian for the LCEF IRA/HSA programs. StewardAccount
®
products are not
available to investors in South Carolina. StewardAccount access features are offered through UMB Bank n.a. View current rates at lcef.org. Lutheran Church Extension
Fund-Missouri Synod (NMLS #3444). Illinois Residential Mortgage Licensee (MB.0006057). Loans made or arranged pursuant to a California Law License 6037619. For
more information on LCEF’s lending license go to lcef.org/state-disclosures/.
LCEF is properly licensed or exempt from such requirements in the states where loans are purchased or offered to LCMS rostered church workers. CA: (DBO) Loans
made or arranged pursuant to California Financing Law License (6037619); CO: Mortgage Company Registration (3444); FL: Mortgage Lender License (MLD625);
GA: Mortgage Lender License/Registration (61615); ID: Regulated Lender License (RRL-651); IL: Illinois Residential Mortgage Licensee (MB.0006057) & Consumer
Installment Loan License (CI.0002711-H); IN: (DFI) Mortgage Lending License (11015) IA: Mortgage Banker Registrant (2000-0057) & Consumer Credit Notication/
Registration (200009695); KS: Mortgage Company License (MC.0025037) & Credit Notication/Registration (NOT.0026260); KY: Mortgage Loan Company License
(MC418770); MD Consumer Loan License (02-900); MI: First Mortgage Broker/Lender/Servicer License (FL2194) & Second Mortgage Broker/Lender/Servicer Registrant
(SR0016005) & Regulatory Loan License (RL-3037) (Effective Date of License: October 5, 2000, Regulatory Agency: State of Michigan Department of Insurance and
Financial Services, Consumer Finance Section, 530 W. Allegan Street, 7th Floor, Lansing Michigan, 48933, www.michigan.gov/difs, TOLL FREE 877-999-6442); MN:
Residential Mortgage Originator License (MN-MO-20211170); MS: Mortgage Lender License (3444); MO: Mortgage Company License (19-1885) & Consumer Credit
(Small) Loan Company Registration (367-21-8245); MT: Consumer Loan License (3444); NE: Mortgage Banker License (540); ND: Money Broker License (MB100280); OH:
Residential Mortgage Lending Act Certicate of Registration (RM.501020.000) & General Loan Law Certicate of Registration (GL.501020.000); OR: Consumer Finance
License (0205-001-C); SD: Non-Prot Money Lender License (NMYL.2314); TX: SML Auxiliary Mortgage Loan Activity Company License (3444); UT: Consumer Credit
Notication; WA: Consumer Loan Company License (CL-3444); WI: Mortgage Banker License (374BA) and Consumer License; WY: Supervised Lender License (SL-1538).
LCEF LOAN ORIGINATORS
RENEE CAPEHART (NMLS#: 1065877)
LORI KUHNERT (NMLS#: 14202)
PAMELA MACINSKI (NMLS#: 16679)
MICHELLE PORTER (NMLS#: 1675886)
TRICIA GALCZYNSKI (NMLS#: 1896183)
NMLS IDENTIFYING NUMBER
Lutheran Church Extension Fund-Missouri Synod
(NMLS#: 3444)
10733 Sunset Ofce Drive, Suite 300
St. Louis, MO 63127-1020
800-843-5233 | lcef.org
Lutheran Church Extension Fund (LCEF) is a nancial partner who shares your
Lutheran values—without forfeiting great interest rates.
CONNECTED
BY CHRIST
1120G003