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Corporate News > History

Thrivent Financial for Lutherans Key Dates

June 2002 - Members approve a new name - Thrivent Financial for Lutherans - following a mail ballot vote of adult contract benefit holders.

January 1, 2002 - The merged organization officially begins operation. The organization adopts the trade name of AAL/LB until a new name can be approved.

September 29, 2001 - At special meetings of the Lutheran Brotherhood General Convention and AAL Board of Directors, unanimous approval is granted to merge the two organizations.

June 27, 2001 - Aid Association for Lutherans CEO John Gilbert and Lutheran Brotherhood CEO Bruce Nicholson formally announce the proposed merger of the two fraternal benefit societies via a satellite teleconference.

Our proud heritage

Shortly after the turn of the 20th century, two grassroots groups - one made up of German Lutherans in Wisconsin and the other of Norwegian Lutherans in Minnesota - were concerned about the security and well-being of their fellow Lutherans. Each group was determined to start a fraternal benefit society that would provide Lutherans with life insurance.

Aid Association for Lutherans was certified for business on Nov. 4, 1902, but only after several years of hard work by dedicated churchmen such as Albert Voecks, Gottlieb Ziegler, William Zuhlke and John Grupe. They canvassed Lutherans throughout much of eastern Wisconsin to sign up the 500 members required for the new organization to obtain its first charter.

The founding of Lutheran Brotherhood had its roots with the 1917 convention of the Norwegian Lutheran Church of America. Lifelong Lutherans Jacob Preus, a Minnesota insurance commissioner, and Herman Ekern, a former Wisconsin insurance commissioner, proposed launching a not-for-profit mutual aid society. After much debate, the proposal passed and the society began life as "Lutheran Union." Three years later, the organization was renamed "Lutheran Brotherhood."

From the beginning, Aid Association for Lutherans and Lutheran Brotherhood offered similar life insurance products. Over the years, the product offerings expanded to include annuities, mutual funds and bank products - marketed by subsidiaries of Aid Association for Lutherans and Lutheran Brotherhood.

The two fraternal benefit societies have remained true to their heritage of helping others through charitable outreach. Aid Association for Lutherans and Lutheran Brotherhood created branch systems nationwide to provide financial assistance and volunteerism for members, their families, and their communities following natural disasters and other catastrophic events. That spirit of helping others continues today.  

 

 
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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 Wednesday, May 25, 2005 at 3:08 PM