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Demand Certificates are payable within 30 days of demand by the certificate holder. Interest is paid annually or the interest can be reinvested in the certificate each year. Demand certificates are not "designated" to a particular congregation.

These Demand Certificates will be used to help LACE fulfill its mission of providing low cost loans to other WELS/ELS congregations and religious organizations.

Read 3573 times Last modified on Wednesday, 10 August 2016 19:55
Friday, January 28, 2022