Inspiring stories about your investments making a difference in LCMS congregations across Texas.


BOLDLY BUILDING IN DALLAS


On January 9, 2022, Zion Lutheran Church and School of Dallas, Texas held the groundbreaking for a full-size, multi-use gymnasium that will be called the Recreational Outreach Center or “the ROC.”

 

Having partnered with Zion for over twenty years, Texas District CEF was excited to provide the loan for the 2015 first phase of Zion’s Boldly Building Zion’s Mission (BBZM) project which included new school offices, a music rehearsal hall, and several classrooms. After that loan was paid off, Zion and Texas District CEF partnered again in 2021 for the final phase - a state-of-the-art 12,500-square-foot Recreation Outreach Center



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Expanding God's Kingdom Together

We are excited to announce the new Jumbo Investment. This fixed-rate investment is open to both congregations and individuals. Here are the details:


·        Minimum Investment of $100,000 required

·        18-month Term - Fixed-Rate

·       Additions may be added at maturity

·       Withdrawals may be done at maturity without penalty

·       The early withdrawal charge is equal six month’s interest

·       The Jumbo Investment is not eligible for Texas Two-Step

You can open one today! Visit texascef.org to find out more or one of our Investor Services Reps at 512-646-1233

*For more specifics on terms, see the Offering Circular on our website.

February CEF Investment Rates

**Amounts over $10,000 receive the Flex Savings rate

All individual Texas District CEF investments (FLEX, fixed and floating rate notes) may be included in a person’s IRA portfolio, through our custodian GoldStar Trust Account. www.texascef.org/ira.html (1) Subject to penalty for early withdrawal. (2) Rates subject to change. Rates reviewed monthly. Texas District Church Extension Fund is a nonprofit religious organization; therefore, CEF investments are not SIPC or FDIC-insured bank deposit accounts. This does not constitute an offer to sell or a request to buy. The offer is made solely by CEF’s Offering Circular.

Through investments from Texas District LCMS congregations and their members, Church Extension Fund will be the preferred financial resources partner for district ministries focused on multiplying followers of Jesus.  

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 calling Texas CEF at (888) 951-1233, by writing to Texas CEF, 7900 East Highway 290, Austin, TX 78724, or by visiting Texas CEF's website: TexasCEF.org
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