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Deposit requirements/schedule
Deposit requirements/schedule
Chapter operating funds are directly deposited semiannually into the chapter's checking account at Thrivent Financial Bank (www.thrivent.com/bank). A deposit is made in January and in July, each representing approximately 50 percent of the chapter's total annual operating funds.
Note: Remaining chapter operating funds at year-end carry over to the next year.
An e-mail message is sent to the financial director informing her/him that a deposit
has been made into the chapter checking account at the bank.
January deposit requirements
To receive the January operating funds deposit, the chapter must have:
- A current checking account at the Thrivent Financial Bank.
- All five required elected chapter leaders (president, vice president, financial director, records director and congregational service team director) in place and entered in the chapter online reporting system.
If any of these requirements is not filled, the chapter forfeits the operating funds and no money will be deposited. The chapter will have to wait until the July deposit for the next opportunity to receive operating funds.
July deposit requirements
To receive the July operating funds deposit, the chapter must have:
- A current checking account at the Thrivent Financial Bank.
- All five required elected chapter leaders in place and entered online.
- Entered operating funds expenses for the previous year in the Manage Chapter Operating Funds screens online.
- Its completed and signed Chapter Summary Report from the previous year on file with Thrivent Financial.
If any of these requirements is not met, the chapter forfeits the July operating funds and no money will be deposited. The chapter will have to wait until the January deposit for the next opportunity to receive operating funds.
Additional Topics
Five required
chapter leadership positions expected to be filled
Operating funds
Operating funds amounts
Managing and Reporting Chapter Operating Funds (PDF, 302K)
Operating funds —
planning and appropriate uses
Operating funds
— reporting operating expenses
Required chapter
leadership positions (descriptions)
Thrivent Financial
Bank
This is proprietary information that is solely for
use by employees, volunteers, and agents of Thrivent Financial for Lutherans
in connection with fraternal activities of Thrivent Financial for Lutherans.