Lutheran Laypeople’s League
LLL Australia is a charitable financial institution which
provides savings accounts and has been trusted since 1921.
The LLL prides itself on providing savings accounts that are
simple and fee free, with a great interest rate. The LLL has a variety of savings accounts: personal and
joint accounts; guardian accounts for children; and Business accounts,
including self-managed super funds and not-for-profit organisations.
Savings Accounts have many features, including:
A great interest rate
No fees or charges at all
No minimum balance or deposit requirements
No ‘bonus’ interest hurdles
Your money is available to withdraw at any time.
an LLL Savings Account is an easy method of saving for a goal or target.
As an Authorised Deposit-taking Institution (ADI), the LLL is
regulated under the Banking Act and by APRA. The LLL is the only charitable ADI in Australia and is a
great ethical alternative to the major banks. The LLL has been supporting the Lutheran
Church of Australia’s (LCA) community (including Lutheran Schools) for nearly
The LLL provides loans to approved LCA projects, such as
upgrades to Lutheran schools, churches and care facilities, with surpluses
assisting the LCA in its mission.
welcome you to get to know us more at www.lll.org.au
concept of Matching Deposits is a unique facility offered by the LLL and
provides an ingenious way to support a particular project within the LCA, such
as Lutheran School projects. Approved LCA projects are able to borrow funds
from the LLL to the total amount of Matching Deposits at a competitive interest
Savings Account can be a Matching Deposit to support an LCA project loan and it
does not change the financial status of your LLL account. You can make deposits and withdrawals as
usual and the account still earns a great rate of interest. An LLL Matching Deposit does not act like an
Principal or Business Manager about how LLL Matching Deposits benefit your
The above information has been prepared
by the LLL for placement on Lutheran school websites and in other publications.
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.