| August 26, 2008 Vol. 1 - No. 3 |
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MAKE
A DIFFERENCE TODAY in Your Grandchildren's Future Your heart rate is an indicator of your physical health. Similarly, a "checkup" of your investment plan is an indicator or your financial health. When was the last time you checked the "heartbeat" of your financial plan? You may know CEF as the organization that provides low-cost building loans to LCMS churches and schools in Texas. Did you also know that CEF provides investment opportunities for individuals and organizations of the Texas District LCMS? Plus, here is one vital, added benefit - while your investments are earning interest for you, they are also providing the funds needed to create a place where ministry can impact lives. As a TexasCEF investor, you can feel good about an investment that benefits you and your family, while supporting a ministry that connects families just like yours with the good news of the saving grace of Jesus Christ. |
| Investment
Rates for September 2008 |
Fixed
Rate1 |
Floating Rate1 | ||
|
|
Rate |
APY2 |
Rate |
APY2 |
| One Year Note3 | 3.750% |
3.80% |
2.375% |
2.40% |
| Three Year Note3 | 4.000% |
4.06% |
3.000% |
3.03% |
| Five Year Note3 | 4.250% |
4.32% |
3.375% |
3.42% |
| Save-By-Mail Account |
2.500% |
2.52% |
||
| Accounts For
Congregations Only |
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| Congregational Savings
Account |
3.000% |
3.04% |
||
| Building Fund Account |
4.250% |
4.33% |
||
| 1 - Rates subject to
change at any time. 2 - APY: Annual Percentage Yield is based on interest remaining in
the account and compounding quarterly (monthly for CSA & BFA). 3 - Subject to penalty
for early withdrawal. |
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| The
information available through Extension Extra is neither an offer to
sell nor a request to buy any investments. This offer is made only in
the Offering Circular which is available by contacting TexasCEF at
1-800-951-3478 or by written request to TexasCEF, 7900 East Highway
290, Austin, Texas 78724 or at TexasCEF's website: www.TexasCEF.org. |
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|
Don't Want
Extension Extra? |
| 512.926.4272 800.951.3478 |
7900
East Highway 290 Austin, Texas 78724-2499 |
www.TexasCEF.org Invest@TexasCEF.org |