A History of Serving With Heart
More than a century ago, Thrivent Financial began helping Christians build solid financial futures and strengthen their communities. Today, we serve more than 2.3 million members nationwide. A lot has changed over the years, but one thing hasn't: how we blend faith, finances and generosity.
Our unique way of thinking about money began more than a century ago. Today we call it The Thrivent Way.
Members Strengthening Communities
Members have always been the heart and soul of our organization. Neighbors helping neighbors. People making contributions to their communities. A century ago, it took the form of barn raisings and church potlucks. These days, it's things like new construction projects through Thrivent Builds and responsive Thrivent Action Team events.
Turning Risk Into Security
In the early 20th century there was no social safety net. Back then, an accident or other misfortune could destroy a family's welfare. Congregations had historically come to the aid of people in need. But by offering insurance contracts to Lutherans, Aid Association for Lutherans (AAL) and Lutheran Brotherhood (LB) created mutual security where there had once been individual risk.
Two Names, One Purpose
In 1902, AAL was chartered in Wisconsin as a fraternal benefit society More Information LB was a similar organization formed in Minnesota in 1917. Both organizations brought members together to support one another under the common bond of Lutheranism.
CloseFraternal benefit society
A not-for-profit organization that provides insurance to its members and operates for social, intellectual, educational, charitable, benevolent, moral, fraternal, patriotic or religious purposes for the benefit of its members and the public. These organizations operate under the lodge system, which means a member of the society is a member of a local chapter of the society. Fraternal benefit societies have representative governments, and members share a religious, ethnic, vocational or other common bond.
Two become one
Having shared similar missions and values for decades, LB and AAL merged in 2001, becoming Thrivent Financial for Lutherans. As a not-for-profit on the Fortune 500, we could now support families and communities in more ways than ever.