Church Extension Fund - Michigan Distric of the Lutheran Church Synod
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The ExtensionPlus Account

The ExtensionPlus Account from Church Extension Fund fields a full complement of financial features designed to keep pace with the lifestyle of today’s active generation of money managers, including:

Convenience and Accessibility
The new ExtensionPlus account is like having your money right in your pocket. You can write checks in minimums of $250 wherever you go. Or, you can use your ExtensionPlus VISA® Check Card to make purchases at retail establishments or cash withdrawals at ATM’s worldwide.

Attractive Interest Yield
You can open your ExtensionPlus certificate for only $100, while maintaining a minimum balance of $100. It pays a tiered rate of interest based on the following balances:

  • Less than $1,000
  • $1,000 and less than $10,000
  • $10,000 and less than $25,000
  • $25,000 and more

in other words, the higher your balance, the higher your yield of interest. To help you energize your yield, you may make additions, as well as take funds out, through the mail, as with all of our other investment products.

In Addition...
we can arrange for your regular earnings or retirement checks to be made by direct deposit to your Extension Plus. It’s the ideal way to consolidate small or unused investments into a convenient and accessible fund.

The “Plus” Side of your ExtensionPlus Account
So far, we’ve only told one side of the ExtensionPlus story… the one about the benefits to you of convenience, accessibility, and attractive interest. Now we’d like to tell you about the plus side of ExtensionPlus… the story of what we do with your savings dollars you’ve lent to us. For 100 years, Church Extension has been borrowing from investors like you and lending it to congregations through Church Extension Fund loans for building and equipping churches, schools, and housing loans throughout the Michigan District. ExtensionPlus, where your invested savings dollars offer you many financial advantages plus the joy of joining a growing team of investors helping to build up God’s kingdom in Michigan.

 

 
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