7-Month
Term Investment
Term Investment
5.05
*APY = Annual Percentage Yield. Rates effective May 1, 2024, and subject to change without notice.
**At maturity, this Investment automatically renews into a 3-year term with the then-current APR unless the investor affirmatively elects differently. This Investment is otherwise subject to the terms and conditions set forth in the Offering Circular. See full terms at mif.elca.org/investments.
Invest now and earn 5.05% APY* on our new 7-Month Term Investment**
Take advantage of our newest term, our highest rate and this limited-time opportunity to make a real difference in our communities of faith.
Lock in a 5-Year Fixed-Rate Term Investment at 5.00% APY*
Don’t miss the rare chance to lock in a competitive rate for five years with a Fixed-Rate Term Investment, now earning 5.00% APY. *
Looking for shorter terms? Be sure to see all the great rates on all our Term and Demand Investments.
1-Year Fixed-Rate Term Investment
4.85
3-Year Fixed-Rate Term Investment
5.00
5-Year Fixed-Rate Term Investment
5.00
*APY = Annual Percentage Yield. Rates effective May 1, 2024, and subject to change without notice.
Featured story
Offering a warmer welcome to downtown Minneapolis
A sunny, new fellowship space at Central Lutheran Church — made possible in part by an MIF loan — lets everyone see where they can find services, support and a loving community.
Featured story
Building up to a more far-reaching mission
Challenged to provide a growing congregation much needed space, Gloria Dei Lutheran Church in Dana Point, California, found a supportive partner in the Mission Investment Fund and discovered new opportunities to serve the wider community.
Building to the Future Church
The Mission Investment Fund’s 2022 Annual Report and 2023 Offering Circular are available to view
The Mission Investment Fund is looking to the future with confidence and determination.
We invite you to read our 2022 Annual Report and take note of MIF’s continuing strength and stability. And be inspired by examples of partnerships at work—partnerships that stand to strengthen our church, now and in the future.
Loans
With highly competitive rates and a wealth of expertise in church building and church finance, the Mission Investment Fund is a go-to financing choice for congregations and ministries undertaking major projects. And as a ministry of the ELCA, MIF is guided by values rooted in our Christian faith and Lutheran traditions.
Loans for Congregations and ELCA-Related Ministries♦
Take advantage of competitive rates and terms
Investments
The Mission Investment Fund offers a range of investments for individuals as well as ELCA congregations and ELCA-related ministries.
Personal Investments
Save for retirement, a child’s education or a rainy day. At the same time, fund building loans that help spread God’s love.♦
Investments for Ministries
Grow funds for endowments, capital projects, youth ministries and other ministry needs while helping fund loans to other ELCA congregations and ministries.♦
