Lutheran Laypeople’s League (LLL Australia)

ALWS works hard to stretch the value of the funds with which supporters entrust us to help people facing poverty and injustice.

 

That’s why partners like LLL Australia are so precious.

 

LLL Australia is finance with a mission, and committed to supporting the mission of the Lutheran Church of Australia (LCA). The LLL has supported the Lutheran Church in Australia since 1921.  Financial support is provided through LLL Permanent Fund Grants and through Director’s Grants to the LCA.

 

ALWS is one of many areas and departments of the church blessed with this support to go and grow their ministry.

 

This support is made possible because of the many thousands of individual, families and businesses trusting LLL Australia with their savings for nearly 100 years.

 

The LLL is a great ethical alternative to the major banks.

 

LLL Australia is the only charitable Authorised Deposit-taking Institution (ADI) in Australia, and as an ADI offers the security and certainty of being regulated under the Banking Act and by APRA.

 

The LLL offers a variety of Savings Accounts: personal and joint accounts; guardian accounts for children; and business accounts, including self-managed super funds and non-profit organisations.

 

You can see why these are practical and popular when you look at the features:

  • a great interest rate
  • no fees or charges – at all
  • internet banking
  • no minimum balance or deposit requirements
  • no ‘bonus’ interest hurdles to jump
  • your money is available to withdraw at any time.

For more information on LLL Australia, go to www.lll.org.au

 

Project Support

 

ALWS is blessed to have had the support of LLL Australia – Finance with a mission for many years, in many ways.

 

Together, we have brought love to life in collaborative projects with Lutheran Education and LCA International Mission … in places like Indonesia and PNG … and here in Australia through events like Walk My Way and materials like ALWS Awareness resources.

 

LLL – ALWS Support Fund

 

LLL has established permanent funds that support various LCA ministries. The LLL-ALWS Support Fund has been created with the aim to fund ALWS’ operating costs through an annual allocation to ALWS of returns generated by the Fund. Donations and/or bequests can be made to the Fund, with an assurance that the capital is never spent.

 

Non-interest-bearing Account

 

LLL account holders can provide additional support to a particular project or department of the LCA (including ALWS) by nominating their account to be non-interest-bearing. An LLL non-interest-bearing account has the other usual features and access of an LLL Savings Account.

 

By nominating your LLL account to be a non-interest-bearing account to benefit ALWS, we will receive a grant from the LLL based on a percentage of the total non-interest-bearing deposits held for the project.

 

For more information on non-interest-bearing accounts and the current grant percentage, please visit https://www.lll.org.au/savings/non_interest_bearing_accounts

 

The contained advice is general in nature and does not take into account your personal situation, needs or objectives. You should consider if this product is right for you.

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