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Church Worker Wellness

6 Great Reasons to Invest in the Church Worker StewardAccount®

JustinP August 1, 2024
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As a Lutheran Church-Missouri Synod (LCMS) church worker, you face unique financial challenges and opportunities often misunderstood by those outside your vocation. Unlike traditional financial settings, specific circumstances like housing allowances or interpreting a teacher’s call documents can complicate financial planning.

Recognizing these unique needs, the Lutheran Church Extension Fund (LCEF) has been committed for over 45 years to providing tailored financial solutions. The Church Worker StewardAccount® is designed exclusively for rostered and lay church workers, reflecting our ongoing dedication to your financial health. Here’s why you should consider investing:

  1. Budget for the unexpected. Unforeseen crises can impact anyone, but with a 3.0% interest rate, your emergency fund can grow faster, ensuring you are prepared for unexpected events.
  2. Boost your retirement. Every bit counts towards retirement. A strong return on your investment can supplement your retirement account, allowing you to focus on your current ministry without worrying about the future.
  3. Prepare for big events. Life events such as weddings, funerals, and other significant moments require financial readiness. Having a fund set aside ensures you can serve your family generously in times of joy or sorrow.
  4. Fund major purchases. Being a good steward means minimizing credit use. Accessible funds with a higher-than-average return can help you manage significant purchases like appliances or vehicles without resorting to credit.
  5. Explore new opportunities. Beyond church service, exploring other passions and interests is ideal. Having money set aside allows you to engage in activities that bring rest and refreshment without financial worry.
  6. Support LCMS ministries. Your investment helps LCEF provide funds and solutions to support and sustain LCMS church workers and ministries, ensuring their growth and success for the future.

Are You Eligible?

If you are employed by an LCMS church, school or organization, you qualify for this tailored financial opportunity. We’re here to help. Please call 800-843-5233, or visit lcef.org/MyCWSA for more information or to open your account today.

StewardAccount products are not available to investors in South Carolina. StewardAccount access features are offered through UMB Bank n.a.

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10733 Sunset Office Drive Suite 300, St. Louis, Missouri 63127 – Phone: 800-843-5233

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. Neither LCEF nor its representatives give legal, accounting or tax advice. Consult your tax advisor as to the applicability of this information to your own situation. UMB Bank n.a. serves as the custodian for the LCEF IRA/HSA programs. ConnectPLUS is available on a one account per investor basis only to new investors 18 and older who have not had an LCEF investment in the past 24 months. ConnectPLUS is not available to investors in Ohio and Pennsylvania. PartnerPLUS is available to investors 18 and older. New money only. StewardAccount products are not available to investors in South Carolina. StewardAccount access features are offered through UMB Bank n.a. All Access Account is known as “StewardAccount” for investors in Washington. Demand/Dedicated Certificate is not available to investors in South Carolina. Lutheran Church Extension Fund-Missouri Synod. 10733 Sunset Office Drive, Suite 300, St. Louis, MO 63127-1020. 800-843-5233. lcef.org. NMLS# 3444. LCEF Mortgage Loan Originators: Pamela Macinski (NMLS# 16679). Michelle Porter (NMLS# 1675886). Tricia Galczynski (NMLS# 1896183). Tara Appleton (NMLS# 738203). Illinois Residential Mortgage Licensee (MB.0006057). Loans made or arranged pursuant to a California Law License (6037619). Nebraska Mortgage Banker License (540). Texas Complaint/Recovery Fund Notice – Figure: 7 TAC§80.200(b): “CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A COMPANY OR A RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550.  THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV”. For more information on LCEF’s lending license go to lcef.org/state-disclosures/.

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