Why the LLL?

• Home
• Savings
• Why the LLL?

Saving is easier when you have an account that pays you, rather than charging you.

The LLL prides itself on saying 'No fees and charges' and we would like to keep it that way for as long as we can. LLL has never had any account keeping fees but there have been some third-party fees that we have passed on in certain circumstances. Moving forward the LLL will no longer pass on any third party fees, making the LLL an even better option for building your savings – fee free!

LLL Savings Accounts are simple, they allow you to earn great interest, while enabling you to support the Lutheran Church of Australia (LCA).

LLL Savings Accounts have an attractive interest rate, and there are no fees or charges. The easiest way to operate your account is through internet access by LLL@Home.

LLL Savings Accounts create a pool of funds that are lent out to approved LCA projects. Projects can include the building and fit out of Lutheran churches, schools and care facilities. No loans are made outside of the Lutheran Church, and individual Districts of the LCA guarantee the repayment of all loans.

The LLL has a variety of accounts: personal or joint accounts, guardian accounts for children or grandchildren, and accounts for business and organisations.