Church Extension Fund - Michigan Distric of the Lutheran Church Synod
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Current CEF News and Updates
Current Rates on CEF Investment Plans
Current ExtensionPlus Rates
Current Dedicated Savings Rates
Current Term Note Rates
Current Growth Note Rates
Current Step-up RatesOffering Circular



Current Rates for Individual Investment Plans


. . . Click >>HERE<< for a printable Interest Rates page

ExtensionPlus
Dedicated Savings
Term Notes
Growth Notes
Step-up Notes

 

Interest Rates

FIXED RATE TERM NOTES
Effective thru
May 31, 2008
(set monthly-compounded quarterly)

 

 

 

 

APY*

3 to 5 Month

2.25%

2.27%

6 to 11 Month

2.50%

2.52%

12 to 23 Month

2.75%

2.78%

24 to 59 Month

3.00%

3.03%

60 Month

3.50%

3.55%

 

FIXED RATE 2+2
Effective thru
May 31, 2008
(set monthly-compounded quarterly)

 

 

 

 

APY*

17 Month

3.00%

3.03%

 

VARIABLE RATE TERM NOTES
Effective thru
June 30, 2008
(set quarterly-compounded quarterly)

 

 

APY*

1 Year

3.00%

3.03%

2-1/2 Year

3.25%

3.29%

5 Year

3.65%

3.70%

 

STEP-UP RATE
Effective thru
May 31, 2008
(set monthly-compounded quarterly)

 

 

 

 

APY*

1st 6 Months

2.50%

 

2nd 6 Months

2.75%

 

3rd 6 Months

3.25%

 

4th 6 Months

4.00%

 

24 Months

 

3.16%

 

GROWTH NOTES
Effective thru
May 31, 2008
(set monthly-compounded quarterly)
Minimum investment to attain $1,000 at maturity

 

 

 

MIN INV

RATE

APY*

6 Year

$799.27

3.75%

3.80%

7 Year

$769.99

3.75%

3.80%

8 Year

$741.70

3.75%

3.80%

9 Year

$714.53

3.75%

3.80%

10 Year

$688.35

3.75%

3.80%

 

 

 

 

11 Year

$645.30

4.00%

4.06%

12 Year

$620.06

4.00%

4.06%

13 Year

$595.86

4.00%

4.06%

14 Year

$572.61

4.00%

4.06%

15 Year

$550.27

4.00%

4.06%

 

 

 

 

16 Year

$516.32

4.15%

4.22%

17 Year

$495.44

4.15%

4.22%

18 Year

$475.40

4.15%

4.22%

19 Year

$456.17

4.15%

4.22%

20 Year

$437.67

4.15%

4.22%

 

DEDICATED SAVINGS
Effective thru
May 31, 2008
(set monthly-compounded monthly)

 

 

 

 

APY*

$5-99

1.00%

1.00%

$100-999

1.50%

1.51%

$1,000-9,999

2.00%

2.02%

$10,000 and up

2.25%

2.27%

 

EXTENSION PLUS
Effective thru
May 31, 2008
(set monthly-compounded monthly)

 

 

 

 

APY*

$100-999

1.75%

1.76%

$1,000-9,999

2.0%

2.02%

$10,000-24,999

2.25%

2.27%

$25,000 and up

3.00%

3.04%

 

*APY = Effective Annual Percentage Yield All rates, regardless of term, are stated as an Annual Percentage Yield

For special congregational rates, please call 1-800-242-3944

Church Extension Fund, 3773 Geddes Road, Ann Arbor, MI 48105-3098 800-242-3944

 

 

This website and the material provided in it are not an offer to sell or a solicitation of an offer to buy CEF securities. The offering of CEF securities is made solely by our Offering Circular. CEF will offer and sell our securities only in states where authorized. The securities are subject to certain risk factors as described in our Offering Circular. CEF investments are not insured by the FDIC, SIPC, or any other governmental agency.

 
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