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Mission Investment Fund of the ELCA

The Mission Investment Fund is a ministry of the ELCA with faith and finance at its core. A source of financing to ELCA congregations and ministries. A vehicle for ELCA congregations, ministries and individuals to invest in the work of our church.


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Chicago, IL, USA


51-99 Employees

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About Us

The Mission Investment Fund (MIF) and ELCA Federal Credit Union are separately incorporated financial services organizations of the Evangelical Lutheran Church in America (ELCA). Faith and finance are the core of our mission serving over 9,000 congregations and ministries and 3.3 million church members with building loans and investments. For over 150 years and with total assets approaching $1 billion, MIF has been a source of expertise and strength supporting our communities of faith. 

As a lending ministry of the ELCA, MIF makes investments in congregations and ministries every day.  Our loans help build new churches and renovate buildings where exceptional ministry work takes place. These are impact investments, generating measurable impact on congregations and ministries—and the individuals and communities they serve.

In addition, MIF’s strong financial position enables us to give back to the church. Over the last five years, the Mission Investment Fund has provided approximately $8 million in support to the church for new and renewing congregations, as well as $5 million in support of established congregations, synods and ELCA-related ministries. 

MIF also has supported the creation and guided the development of the ELCA Federal Credit Union to provide additional financial products and services for ELCA members, congregations and ministries. Together, MIF and the Credit Union are working toward an even stronger alliance to provide greater value for all expressions of the ELCA. 

Our Impact

2021 Annual Report