MISSOURI DISTRICT EDITION

November 2011 Dear Friends, Welcome to the November edition of LCEF on the Move. We are nearing the end of another calendar year and approaching the holiday season. Later this month, our nation will once again celebrate a National Day of Thanksgiving. As a nation and as individuals we have much to be thankful for. We are thankful, first and foremost, for our gracious and loving God who provided His Son, Jesus Christ, as a sacrifice for sin and now as the only Hope for reconciliation between God and man. We are thankful to live in a country such as the United States which, in spite of its many flaws, continues to be the greatest nation on the planet. We are thankful for our congregations and our Lutheran Church – Missouri Synod as we reach out with the good news of Jesus Christ. I am thankful for the investors of Lutheran Church Extension Fund who partner together to provide funds that allow congregations and schools to expand facilities for ministry. I am also thankful for the congregations that have completed or are nearing completion of building projects this past year. The workers have been spared from injury and these facilities are now ready to assist congregations in ministry. I am certain that each of you has things to be thankful for as well and I encourage you to keep these as part of your daily prayers. In spite of continued economic uncertainty, LCEF has been blessed with a strong level of support from our investors. As we speak, LCEF continues to be the beneficiary of a significant level of investments. Our investors know that they will receive a fair rate of return on an LCEF investment and benefit from a history of financial strength. Finally, our investors recognize the “ministry dividend” of knowing that their funds while invested with LCEF are used to build churches. The annual LCEF Fall Leadership Conference will be held later this month and will be a time for leaders of not only LCEF, but also of our Lutheran Church – Missouri Synod to gather for insightful discussions and fellowship. Please keep this event and all who attend in your prayers. Thank you for your past, present, and future support of the ministry of Lutheran Church Extension Fund. In HIS Service, Dennis Klussman LCEF Vice President

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Featured Loan: New Beginnings Lutheran Church,

Pacific

The members of New Beginnings Lutheran Church in Pacific gathered on a chilly September 25th morning for a special service of dedication and celebration. In order to accommodate all the members and guests in one gathering, the service was held outdoors under a tent. The day included dedication of a building addition that includes expanded space for children’s and youth ministry. The project was financed by Lutheran Church Extension Fund and included a substantial contribution from the members through a capital campaign led by LCEF’s Capital Funding Services. The celebration portion of the day was not only for dedication of a building addition, but also for the recent chartering of The Bridge Lutheran Church, a daughter congregation planted by New Beginnings in nearby Washington, Missouri.

Members of New Beginnings, Pacific cut the ribbon for their new building addition

New Beginnings was chartered in 2007 and has grown to a worshipping community of nearly 300. The Bridge was chartered in August of this year and another mission start of New Beginnings is underway in St. Charles County. LCEF is privileged to partner with congregations like New Beginnings as they grow in number and make a difference for Christ in their community.

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KIDS Stamp Corner

The Blurb (for use in church bulletins, newsletters, etc.)

So often, we take the blessings that God has bestowed on us for granted. During this month, we pause to give Him thanks for His bountiful goodness. In addition to our temporal blessings, God gave us the ultimate blessing by sending His Son, Jesus Christ to be our Savior and to win atonement for us through His death and resurrection. Your investment in Lutheran Church Extension Fund helps provide place and space for churches to reach out with this Good News. Call 1-800-THE-LCEF (843-5233) or visit www.lcef.org for more information.

At Your Service (LCEF Services Update)

Joyful Response is a free, electronic stewardship opportunity for congregations, schools, and ministry service organizations to offer participants the ease and convenience of electronically giving their offerings, making tuition payments, and fulfilling donation commitments.

Congregations should use the Joyful Response Electronic Offering Program so that members . . .

Give offerings consistently Fulfill their stewardship commitments Share their financial blessings efficient and

predictably

LCMS education programs (preschools and elementary schools) should use the Joyful Response Electronic Tuition Payment Program so that school families . . .

Make tuition payments reliably and conveniently

Fulfill their tuition payment commitment with ease

Enjoy saving time and cost of writing checks

For more information about Joyful Response contact LCEF at (800) 843-5233 or visit the LCEF website www.lcef.org.

Did you know that nearly 200 LCMS churches and schools currently use LCEF’s Joyful Response ? This program allows churches and schools to electronically collect gifts and tuition payments simplifying the process for everyone. For more information about Joyful Response contact LCEF at (800) 843-5233 or visit the LCEF website www.lcef.org.

There is a lot of talk today about the need for good role models for our children and young people. Where are role models to teach our children about Christian stewardship? One LCEF resource available to churches and schools to help model Christian stewardship is the KIDS Program.

KIDS stands for Kids Into Discipleship and Stewardship. This program, offered in curriculum form under the name KIDS Count in day schools and Sunday schools, provides children with information and activities related to Christian stewardship and the opportunity to purchase stamps (KIDS Stamps) that can be exchanged for investments in an LCEF account upon completion of a stamp booklet.

Kids also learn the benefits of investing for the future while also supporting the mission and ministry of a congregation. Activity books help keep kids involved and encourage them in their stewardship life.

For more information about the KIDS Program call LCEF at (800) 843-5233 or visit the LCEF website www.lcef.org.

Current LCEF Loan Rates

Congregations (Loans Amortized Up To Twenty Years): Annually-Adjusted Loan: 4.750% (Loans > $2 Million Adjusted Monthly) Five - Year Balloon Note 5.250%

Ten - Year Balloon Note 5.625% Construction Rate is 1% Higher During Construction Period

1% Loan Origination Fee Rostered Church Worker Mortgage Loans (Loans Amortized Up To Thirty Years): Five Year Adjustable Rate Loan (10% down payment): 3.750% - 4.250% Ten- and 15-year Fixed Rate Loan (10% down payment): 4.000% - 4.500% Final Interest Rate Based Upon Down Payment and Credit History

LCEF On The Move A Monthly Newsletter of the Missouri District LCEF

Contacts: Dennis Klussman, District Vice President E-Mail: Dennis.Klussman@lcef.org Mailing Address: 660 Mason Ridge Center Drive #100 St. Louis, Missouri 63141 Telephone: (314) 590-6207 For additional information, visit the LCEF website www.lcef.org or call (800)-843-5233.

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LCEF is a nonprofit 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.

Next Generation Note* (Minimum Investment $5000)

Fixed Term - Rate APY

Next Generation -- 3.375% 3.418%

Congregation Endowment Note (5-Year Fixed)

Minimum Investment Rate APY

$1,000 -- 1.605% 1.615%

$10,000 -- 1.730% 1.741%

$100,000 -- 1.855% 1.868%

Dedicated Certificate

Minimum Investment Rate APY

$100 -- 0.250% 0.250% Custodial accounts for minors: $25

$1,000 -- 0.375% 0.376%

$5,000 -- 0.500% 0.501%

IRA Dedicated Certificate

Minimum Investment Rate APY

$100 -- 0.375% 0.376%

$1,000 -- 0.500% 0.501%

$5,000 -- 0.625% 0.626%

$10,000 -- 1.250% 1.256%

HSA FlexPlus Certificate

Minimum Investment Rate APY

$1 -- 1.125% 1.131%

$2,500 -- 1.625% 1.637%

$5,000 -- 2.125% 2.146%

$15,000 -- 2.625% 2.657%

StewardAccount® Certificate

Minimum Investment Rate APY

$100 -- 0.375% 0.376%

$1,000 -- 0.500% 0.501%

$5,000 -- 0.625% 0.627%

$10,000 -- 1.250% 1.257%

Family Emergency

StewardAccount Certificate

Minimum Investment Rate APY

$25 -- 1.375% 1.384%

Balances of <$10,000 require monthly electronic investments

Lutheran Church Extension Fund Investment Interest Rates

November 2011

Congregation Certificates (Minimum Investment $100)

Rate APY Demand -- 0.375% 0.376% StewardAccount® Certificates

$100 -- 1.125% 1.131% $250,000 -- 1.250% 1.257% $500,000 -- 1.375% 1.384%

$1,000,000 + -- 1.500% 1.510%

Congregation Endowment Note (60-Month Floating)

Minimum Investment Rate APY

$1,000 -- 1.605% 1.615%

$10,000 -- 1.730% 1.741%

$100,000 -- 1.855% 1.868%

IRA Jumbo Notes (Minimum Investment $100,000)

Rate APY

5 Year Fixed -- 2.250% 2.269%

60 Month Floating -- 1.605% 1.615%

Cemetery Perpetual Care StewardAccount® Certificate

Rate APY

$1,000 -- 1.125% 1.131%

$25,000 -- 1.250% 1.257%

$50,000 -- 1.375% 1.384%

$100,000 + -- 1.625% 1.637%

Floating Term Notes (Minimum Investment $100)

Rate APY 2½ Year

(30 Month) -- 0.570% 0.571%

5 Year (60 Month)

-- 1.230% 1.236%

*In conjunction with the purchase of the Next Generation Note, you have made a contribution to the LCEF. A portion of this contribution is non-deductible and considered a premium on the purchase of the note since you are receiving a benefit in return for the contribution (i.e., a 1.5% higher interest rate on the balance of the note). The APY on the principal amount of the Next Generation Note is 3.418%. If the non-deductible portion of the contribution (premium) is deducted from the interest you receive on the note, the yield-to-maturity is reduced to 1.69%.

Fixed Term Notes (Minimum Investment $500)

Rate APY 6 Month -- 0.375% 0.376% 9 Month -- 0.500% 0.501% 1 Year -- 0.625% 0.626% 18 Month -- 0.875% 0.878% 2 Year -- 1.000% 1.004% 3 Year -- 1.250% 1.256% 5 Year -- 1.875% 1.888% 6-10 Year -- 2.125% 2.142% 11-15 Year -- 2.375% 2.396% 16-20 Year -- 3.000% 3.034%

1-800-843-5233 www.lcef.org

10733 Sunset Office Drive

Suite 300 St. Louis, MO 63127