COMPETITIVE RATES

Our investment products offer competitive interest rates.

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!

CONGREGATIONAL RATES SEE RATES
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FIXED RATE 2+2 NOTES

Current Rates for This Plan

$2,500 minimum initial investment. 17-month maturity.

Make 2 additions and 2 redemptions to the Note without penalty (without going below your initial investment amount).

Effective 06/01/2017 thru 06/30/2017 (set monthly - compounded quarterly).

TERM

RATE

APY*

17 months

1.15%

1.15%

*Annual Percentage Yield

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FIXED RATE NOTES

Current Rates for This Plan

Interest rate fixed for the entire term: $500 minimum investment.

Effective 06/01/2017 thru 06/30/2017 (set monthly - compounded quarterly).

TERM

RATE

APY*

3 TO 5 MONTH

0.45%

0.45%

6 TO 11 MONTH

0.50%

0.50%

12 TO 23 MONTH

1.00%

1.00%

24 TO 59 MONTH

1.15%

1.15%

60 MONTHS

2.00%

2.01%

*Annual Percentage Yield

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VARIABLE RATE NOTES

Current Rates for this Plan

$500 minimum investment. Additions of $100 or more allowed.

Effective 04/01/2017 thru 06/30/2017 (set quarterly - compounded quarterly).

TERM

RATE

APY*

1 YEAR

1.00%

1.00%

2 1/2 YEAR

1.25%

1.25%

5 YEAR

1.90%

1.91%

*Annual Percentage Yield

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EXTENSIONPLUS ACCOUNTS

Current Rates for This Plan:

Effective 06/01/2017 thru 06/30/2017 (set monthly - compounded monthly).

INVESTMENT BALANCE

RATE

APY*

<$1000

0.35%

0.35%

$1000-$9,999

0.45%

0.45%

$10,000-$24,000

0.55%

0.55%

>25,000

0.75%

0.75%

*Annual Percentage Yield

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DEDICATED SAVINGS

Current Rates for This Plan:

Effective 06/01/2017 thru 06/30/2017 (set monthly - compounded monthly).

INVESTMENT BALANCE

RATE

APY*

$5-99

0.25%

0.25%

$100 - $999

0.25%

0.25%

$1,000 - $9,999

0.35%

0.35%

>$10,000

0.50%

0.50%

*Annual Percentage Yield

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