Personal Investments
Retirement. A college education for a child or grandchild. That dream vacation. Whatever you’re saving for, you can do it with an MIF investment.
Investing on behalf of a ministry?
Earn a truly exceptional return.
The money you invest with MIF funds building and renovation loans to ELCA congregations and ministries, expanding their capacity for ministry. Whether that means building or renovating a sanctuary, soup kitchen, daycare center or other facility, your investment in MIF will help share God’s love with the world.
Earn up to
$1,000 minimum investment
4.25%
Choose a term from 1 to 6 years
APY*
Term Investments
Fixed-rate investments, with a choice of terms and a minimum initial deposit of $1,000.
Demand Investments
Choose from two options: Demand Investment With Check Writing, an interest-bearing account, and Demand Investment No Check Writing, like a traditional savings account but with a higher, adjustable interest rate.
Retirement Savings
MIF Term Investments as well as our Demand Investment can be held as Traditional or Roth Individual Retirement Accounts.
Education Account
All Term Investments and Demand Investment No Check Writing accounts may be held as Coverdell Education Savings Account.
Are you investing for a congregation or ministry?
Investments for Individuals FAQs
The Mission Investment Fund is not a bank or credit union and is not eligible to be insured by any federal or state regulatory agency (such as FDIC or NCUA). Our strong capital ratio of nearly 27% is many times higher than regulators’ requirements. This exceptional financial position offers security to our investors and helps assure our ability to meet our obligations.
If you are interested in an insured investment, please consider our financial partner, the ELCA Federal Credit Union. The Credit Union’s deposit accounts are federally insured up to $250,000 by the National Credit Union Administration (NCUA).
Funds invested in MIF by congregations and their members, synods and ministries are used to make loans to ELCA ministries for capital projects such as new church buildings, additions and renovations.
MIF has few fees for its investment accounts. Fees are listed in the MIF Offering Circular.
Personal investors may apply for a Visa® debit card when they complete an application for an MIF Demand investment account. MIF does not offer debit cards to congregational or ministry investors.
Mission Investment Fund investments are subject to certain risks. See "Risk Factors" in the MIF Offering Circular. MIF investments are not bank accounts. As securities issued by a nonprofit institution, the investments are not insured by FDIC, SIPC or any other federal or state regulatory agency. The securities are sold only by means of the Offering Circular. This is not an offer to sell or a solicitation of an offer to buy the securities described here.