By investing in the WELS Church Extension Fund, not only are you making investments to help build your own future, those invested funds help WELS mission churches secure property and build churches as well as help mission-minded churches fund new ministries.
How to purchase a WELS Church Extension Fund (CEF) Investment or Savings certificate
To purchase an Investment or Savings Certificate you will need to complete an investment application. You can find the appropriate application below. A detailed description of all WELS certificates is found in our Offering Circular which you may also download below. Once you have opened at least one WELS CEF investment in this manner you will be able to register for online access.
How to open an Individual Retirement Account (IRA)
WELS CEF offers traditional and Roth IRA accounts through our third-party administrator, TMI Trust Company in Atlanta, Ga. IRA certificates may be a new regular contribution, a transfer from an existing IRA account, or a rollover from a previous employer’s retirement account. Please contact us at 1-866-511-7793 and we will send you the needed forms.
How to add to your Savings Certificate
Additions can be made to your Savings Certificate at any time. Simply fill out an Additional Investment/Partial Redemption Form and mail or fax it to WELS CEF with your check.
How to make partial redemptions from your Savings Certificate
You may take partial redemptions from your Savings Certificate at any time. Simply fill out an Additional Investment/Partial Redemption Form and mail or fax it to WELS CEF.
How to EFT transactions
We have the ability to electronic funds transfer (EFT) redemptions or partial redemptions directly to another financial institution – saving you time and expense. Simply fill out the electronic funds transfer authorization agreement form and send it – along with a voided check – to WELS CEF. Void deposit slips are not acceptable.
How to close your WELS CEF certificate
If you wish to close out your certificate at maturity please send a written request to redeem your certificate. This request should include the certificate number and the last four digits of your social security number. The request must be signed and dated by the certificate holder. If your certificate was issued prior to December 2015 and you have the original certificate that was issued to you please send the certificate to our office with your signature on the back at the time of redemption.
View the complete Offering Circular and supplement before investing.
Savings certificates are payable upon demand and earn interest at a rate that is reviewed and posted monthly and subject to vary periodically.
Investment certificates are payable at maturity and earn interest at the rate in effect when the certificate is purchased.
Retirement Certificates can be purchased as an IRA investment through our third-party administrator, TMI Trust Company of Atlanta, Ga. To invest in an IRA, contact CEF to receive the needed forms.