COMPETITIVE RATES

Our investment products offer competitive interest rates which are generally higher that most Banks and Credit Unions around Michigan!

Church Extension Fund depends on individual investors - Michigan Lutherans from every walk of life that see the advantages of investing a portion of their savings dollars in one or more of the available CEF investment solutions. To attract these investors across the Michigan District, CEF constantly strives to deliver innovative investment products and competitive interest rates.

Today, you may choose from numerous options with competitive rates. What’s more, your interest earnings may be left to accumulate and compound in your account, or you may elect to receive regular interest payments. With Automatic Cash Transfer (ACT) service, you may also have your interest earnings deposited directly into your local bank. In short, Church Extension Fund offers virtually every advantage of other financial institutions, but with one very important extra - your savings dollars help build churches!

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Congregation Fixed Rate Notes

Effective 07/01/2017 thru 07/31/2017 (set monthly - compounded quarterly)

CURRENT RATES FOR THIS PRODUCT:

Term

Rate

APY*

1 Year

1.100%

1.10%

2 Year

1.250%

1.25%

5 Year

2.100%

2.12%

*Annual Percentage Yield

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Congregation Variable Rate Certificates

Effective 07/01/2017 thru 09/30/2017 (set quarterly - compounded quarterly)

CURRENT RATES FOR THIS PRODUCT:

Term

Rate

APY*

1 Year

1.100%

1.10%

2 Year

1.300%

1.31%

5 Year

2.000%

2.01%

*Annual Percentage Yield

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Congregation Demand Savings Certificate

Effective 07/01/2017 thru 07/31/2017 (set monthly - compounded monthly)

CURRENT RATES FOR THIS PRODUCT:

 INVESTMENT BALANCE

RATE

APY*

$500-$999

0.300%

0.30%

$1000-$9,999

0.450%

0.45%

>$10,000

0.600%

0.60%

*Annual Percentage Yield

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