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Vol. 1, No. 8 :: November 19, 2008

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Zion Lutheran Church, Vernon

Zion, Vernon

Age and storm damage made the congregation's fellowship hall unusable. They secured a loan from TexasCEF to raze the old building and construct new facilities.

Zion, Vernon

Work has proceeded. The old building has been cleared away, the ground leveled and forms are being set in place for the new building's pad. The congregation's worship and education facilities can be seen across the road.


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Our Redeemer Lutheran Church, Dallas

Our Redeemer, Dallas

The contractor is working hard to deliver four new school classrooms to the congregation before Christmas. The school plans to begin second semester class in the new building after the holidays.

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December 2008 Rates

Investment Rate APY
Save by Mail 2.500% 2.52%
1 Year Fixed 3.000% 3.03%
3 Year Fixed 3.500% 3.55%
5 Year Fixed 3.750% 3.80%
1 Year Floating 1.500% 1.51%
3 Year Floating 1.875% 1.89%
5 Year Floating 2.750% 2.78%
Congregation Savings 3.000% 3.04%
Building Fund 3.750% 3.82%

Did you know?

Texas CEF was organized as a result of a District Convention resolution in 1888.

You can open a new CEF investment with as little as $10.

Texas CEF's liquid assets total $63 million, allowing the ability to handle commitments to congregations for loan funding and to honor withdrawal requests from investors who desire to have their funds returned to them.


Website Highlight

We are now making it easier for investors to stay in touch with CEF by providing commonly used forms on our website. Forms are available to update an address, request a withdrawal, make a deposit, or authorize electronic funds transfer. New investors can download all the paperwork needed to open a new investment. Also, CEF representatives can take advantage of downloading consignment forms and promotional material.

Click here to see forms.


Interested in seeing previous issues?

Previous issues of Extension Extra and our "paper" newsletter, Chatter, are available on the web. Visit www.TexasCEF.org; click the CEF Reps tab; and then click Newsletters.


Don't want Extension Extra?

If you do not want to continue receiving Extension Extra you can unsubscribe by sending an email to EX2-Request@lists.txdistlcms.org In the subject line of the email include the word "unsubscribe". You will receive a return email. Follow the directions given - click the reply and then the send button and you will be removed from the list.

Bethlehem Lutheran Church, Palestine

Bethlehem, Palestine

The members of Bethlehem decided to build a new fellowship/recreation building. Shown here are the architect's rendering of what it would look like.

Bethlehem, Palestine

With the help of Laborers for Christ (a national LCMS ministry assisting congregations to build) they completed the shell of the building. Members have continued to supply the labor to complete the interior. TexasCEF made a loan to fund the last remaining work - heating/air conditioning systems, electrical work, floor covering and painting.

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St. Mark Lutheran Church, Lake Jackson

St. Mark, Lake Jackson

One part of the congregation's larger project to build a new fellowship building is additional parking. The photo shows the contractor pouring cement to create the space for more people to park their cars when they come to church.

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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.

512.926.4272 7900 East Highway 290 www.TexasCEF.org
800.951.3478 Austin, Texas 78724-2499 Invest@TexasCEF.org