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In Your Best Interest

Photo-Illustration by David McGlynn Plenty of U.S. banks will take financial hits from problems in the subprime mortgage market. Thrivent Financial Bank isn’t one of them.

The bank has kept its head well above water, thanks in part to an appropriate lending strategy, says Todd Sipe, president and CEO of Thrivent Financial Bank. “Our products always have been consistent with the underwriting guidelines the industry should be following,” he says. “This is in the best interest of the borrower, as it protects the borrower over the life of the product.”

As a result, he says, “We’re a stable lender, and we have money to lend. In fact, because of our high standards, this actually has been an opportunity for Thrivent Financial Bank to stand out from the crowd.”

—I. C.

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Housing Woes?   |   How did this happen?

 

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Appleton Office:
4321 N. Ballard Road
Appleton, WI 54919-0001 USA
800-THRIVENT
(800-847-4836)
E-mail: mail@thrivent.com

Minneapolis Office:
625 Fourth Avenue S.
Minneapolis, MN 55415-1624 USA
800-THRIVENT
(800-847-4836)

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Thrivent Financial for Lutherans, Appleton, WI 54919-0001, is authorized to conduct business in all 50 states and the District of Columbia. NAIC # 2938-56014. Products issued by Thrivent Financial for Lutherans are available to applicants who meet membership, insurability, U.S. citizenship and residency requirements. Not all products described are available in all states. Thrivent Financial representatives are licensed insurance agents. Insurance and retirement products, where available, are individual contracts, (not group coverage), and issued by Thrivent Financial for Lutherans. Investment products are offered through Thrivent Investment Management Inc., 625 Fourth Ave. S., Minneapolis, MN 55415-1665, a wholly owned subsidiary of Thrivent Financial for Lutherans. Member FINRA. Member SIPC. Thrivent Financial representatives are registered representatives of Thrivent Investment Management Inc.

Bank products and trust services are offered through Thrivent Financial Bank, 2000 E. Milestone Dr., Appleton, WI 54919-0006 (Member FDIC, Equal Housing Lender), a wholly owned subsidiary of Thrivent Financial for Lutherans. Insurance, investment products, securities, trust, and investment management services and accounts are not deposits, are not FDIC insured, are not insured by any federal government agency, and are not guaranteed by Thrivent Financial Bank. Variable insurance contracts, investment products, trust, and investment management accounts may go down in value.

©1995-2008 Thrivent Financial for Lutherans

This document was last updated on Monday, January 14, 2008 at 10:38 AM