• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • LCA Portal
  • Staff Login
  • Login to (old) LAMP
  • LCA Online Donations
  • IT Help
  • Contact

Lutheran Church of Australia

where love comes to life

MENUMENU
  • HOME
  • ABOUT US
    • A BIT ABOUT US

      The Lutheran Church is the largest Protestant church in the world, with over 70 million members. This website tells the story of Australian and New Zealand Lutherans, following Jesus Christ – where love comes to life. Whoever you are, whatever your story, you're welcome here with us.
    • MORE ABOUT US

      • OUR PEOPLE
      • OUR LOGO, OUR MISSION
      • OUR BELIEFS AND TEACHINGS
        • WHAT LUTHERANS BELIEVE – VIDEO SERIES
      • HOW WE WORSHIP
      • OUR STRUCTURE (GOVERNANCE)
        • NOMINATIONS
      • OUR HISTORY
      • LUTHERANS WORLDWIDE
        • WHAT LUTHERANS BELIEVE
          • WHAT LUTHERANS BELIEVE – VIDEO SERIES
        • HISTORY OF THE LUTHERAN CHURCH
  • THE LATEST
    • THE LATEST

      • ONLINE WORSHIP
      • DAILY DEVOTION
      • BIBLE STUDIES
      • STORY OF THE WEEK
      • SPREAD THE WORD bulletins and announcements
      • NEWS
      • FEATURE STORIES
      • COLUMNS
      • THE LUTHERAN
      • LCA FACEBOOK
    • THE LATEST

      • CALLS – EMPLOYMENT – VOLUNTEERING
      • eNEWS LISTS
  • DEPARTMENTS & AGENCIES
    • DEPARTMENTS

      • DEPARTMENTS – OVERVIEW & SEARCH
      • DISTRICTS
      • OFFICE OF THE BISHOP
        • LCA INTERNATIONAL MISSION
      • LOCAL MISSION
        • CHILD YOUTH & FAMILY MINISTRY (GROW MINISTRIES)
        • CROSS-CULTURAL MINISTRY
        • LUTHERAN MEDIA
        • CARE MINISTRIES
        • GOD’S LOVE OUR CARE
        • CHRISTIAN CARE SUNDAY
        • NEW & RENEWING CHURCHES
    • DEPARTMENTS & AGENCIES

      • MINISTRY SUPPORT
        • CHURCH WORKER SUPPORT
        • COMMUNICATIONS
          • THE LUTHERAN
        • FINANCE & ADMINISTRATION
          • INFORMATION TECHNOLOGY
        • LUTHERAN ARCHIVES
        • PROFESSIONAL STANDARDS
      • EDUCATION & TRAINING
        • AUSTRALIAN LUTHERAN COLLEGE
        • LUTHERAN EDUCATION AUSTRALIA
      • AUSTRALIAN LUTHERAN WORLD SERVICE
      • FINKE RIVER MISSION
      • LLL
        • LUTHERAN TRACT MISSION
    • COMMISSIONS & MINISTRY GROUPS

      • COMMISSIONS
        • SOCIAL AND BIOETHICAL QUESTIONS
        • LUTHERANS FOR LIFE
        • CAMPAIGN AGAINST DOMESTIC & FAMILY VIOLENCE
        • THEOLOGY AND INTER-CHURCH RELATIONS
        • WORSHIP
          • VISUAL ARTS
      • MINISTRY GROUPS
        • DEAF MINISTRY
        • LUTHERAN NURSES
        • LUTHERAN MEN
        • LUTHERAN WOMEN
        • YOUNG ADULT MINISTRY
  • SERVICES & RESOURCES
    • SERVICES & RESOURCES

      • OVERVIEW & SUMMARY
      • BIBLE READING PLAN
      • BULLETIN NOTICES
      • BUSINESS PARTNERS
      • CAMPAIGN AGAINST DOMESTIC AND FAMILY VIOLENCE
      • CHILD SAFETY
      • CHILD YOUTH & FAMILY MINISTRY (GROW MINISTRIES)
      • CHRISTIAN CARE SUNDAY (NEW!)
      • COMMUNICATIONS
      • CONGREGATION WEBSITES
      • CONSTITUTIONS
      • DAILY DEVOTIONS
      • DOCTRINAL STATEMENTS & THEOLOGICAL OPINIONS
    • SERVICES & RESOURCES

      • OVERVIEW & SUMMARY
      • EMPLOYMENT & VOLUNTEERING OPPORTUNITIES
      • ENEWS
      • FORMS
      • HUMAN RESOURCE SYSTEM
      • INFORMATION TECHNOLOGY
      • LAMP2
      • LCA DISASTER & WELFARE FUND
      • LCA FACEBOOK
      • LCA LEARNING HUB
      • LCA LOGO
      • LCA POLICIES & STANDARDS OF ETHICAL BEHAVIOUR
      • LCA SONG
      • LUTHERAN AGED CARE & COMMUNITY SERVICES
    • CONFERENCES & TRAINING

      • LUTHERAN ARCHIVES
      • LUTHERAN WINEMAKERS
      • NEW & RENEWING CHURCHES
      • REGULAR ELECTRONIC GIVING (REG)
      • STORY OF THE WEEK
      • STUDY ASSISTANCE
      • STUDY GUIDES
      • TELECOMMUNICATIONS
      • THE LUTHERAN
      • TRACTS
      • WORSHIP
      • WORSHIP LIVE STREAMING & DVDs
  • TRAINING & EVENTS
    • PROJECTS, CONSULTATONS & EVENTS

      • TRAINING OPPORTUNITIES – OVERVIEW
      • LCANZ LEARNING HUB
      • SAFE CHURCH TRAINING
      • CONTINUING EDUCATION FOR PASTORS
      • CAMPAIGN AGAINST FAMILY & DOMESTIC VIOLENCE RESOURCES & TRAINING
      • NEW HORIZONS
      • RENEW MISSION LIFE
      • GROW COACHING
    • PROJECTS, CONSULTATIONS & EVENTS

      • CONVENTION OF GENERAL SYNOD 2021-23
      • CROSS-CULTURAL MINISTRY CONFERENCE 2023
      • DIGITAL MISSION AND MINISTRY FORUM 2022
  • FIND A …

LLL funds ‘remain secure’

17 April 2020


Print Friendly, PDF & Email

Depositors with LLL Australia can be assured their funds are secure, despite the uncertain state of the world financial markets due to the COVID-19 pandemic.

That’s the word from LLL Board Chairperson Graeme Huf and LLL CEO Allen Kupke.

‘We thank all depositors for their continued support of the church through their LLL deposit accounts’, Mr Huf said. ‘We assure you that the security of your deposit is of paramount importance to the LLL Board and our policies will continue to reflect this. We are responding to the COVID-19 crisis through increased engagement and support to our borrowers and by being ready to assist our church as needed.’

Mr Kupke explained that the LLL did not operate in commercial investment and lending markets like most financial institutions, and ‘therefore does not carry the same exposure and risk’.

‘The LLL does not make any speculative investments’, Mr Kupke said. ‘No investments are made in the share market or other similar tradeable securities, therefore, the LLL does not have any exposure to share market volatility such as is being experienced at present in Australia and overseas.

‘And, as the LLL is an Authorised Deposit-taking Institution (ADI), LLL depositors are protected by the Australian Government Financial Claims Scheme.’

As the first charitable ADI in Australia, LLL is regulated under the Banking Act and by the Australian Prudential Regulation Authority (APRA).

Mr Kupke is set to retire in September this year after guiding the LLL through a period of change modernisation, including the introduction of online bill paying, becoming a company limited by guarantee, becoming an ADI, and launching a new app for mobile banking. The LLL Board has launched a search for a new CEO. The LLL will turn 100 next year and has a depositor balance of more than $1.2 billion.

 

READ MORE STORIES ABOUT COVID-19, LLL

« Lutheran churches making news
LCA/NZ members rally to worship and care »

Primary Sidebar

Categories

These categories are under construction. More links will be added soon.

Serving with you in …

  • Worship & Growing Faith
  • Local Mission
  • Ministry Support
  • Education & Training
  • Partners in Ministry

Serving you where you serve …

  • Church Workers (Pastors and Lay Workers)
  • Congregation Councils
  • Worship and Spiritual Growth Leaders
  • Mission & Ministry Leaders
  • Children’s Ministry Leaders
  • Youth & Young Adult Leaders
  • Safe Place Coordinators

Serving you with …

  • The Latest (News)
  • Resources
  • Prayer Points
  • Events & Training
  • Ways to Get Involved

Tags

Aboriginal/Indigenous aid ALC ALWS appointments awards bishops children church workers COVID-19 cross-cultural ministry ecumenism forms fundraising Grow Ministries international International Mission LCA bishop local mission Lutheran Education LWF music new and renewing churches NSW NZ ordination pastors PNG policy prayer professional standards Qld Reformation refugees Royal Commission SA-NT schools social issues technology training Vic-Tas WA women in leadership worship youth and young adults

Archives for all Updates

  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • Don't be the last to find out!

    Join over 4000 people receiving LCA eNews in their inbox every fortnight. It brings you the latest of everything, including updates from this page. It's free, and you can unsubscribe at any time.

    Sign up here

    Footer

    Quicklinks

    • HOME
    • DEPARTMENTS & AGENCIES

     

    • SERVICES, RESOURCES & TRAINING
    • TRAINING & EVENTS
    • FIND A …

    Contact us

    197 Archer Street
    North Adelaide SA 5006

    08 8267 7300
    email us

    © 2023 Lutheran Church of Australia

    Privacy Policy • Disclaimer

    Designed by LCA Communications