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Finances & Funding

Identifying Deposits from Thrivent Financial

Financial and assistant financial directors are responsible for tracking deposits made to the chapter's checking account, including deposits from service team activities (when applicable) and funds deposited by Thrivent Financial (e.g., chapter operating funds, Care Abounds in Communities® program funds).

In most cases, Care Abounds in Communities® funds are electronically transferred to your chapter's checking account at Thrivent Federal Credit Union. Because deposit amounts can be the same for multiple activities, it may be difficult to determine which deposit is for which activity.

To correctly identify a deposit, look at the description that accompanies it as well as the unique Activity ID number, which is assigned to each activity. This number is shown:

  • In the first column of the "View Activities" screen in Chapter Leadership Administration.
  • With the recipient name on your chapter's online banking information.
  • On the bank statement for deposits electronically transferred to the chapter checking account from Thrivent Financial.
  • On the check stub for checks issued from Thrivent Financial directly to organizations or individuals.

Deposit Example

Your chapter approves a fund-raiser for ABC Organization (the recipient). The "Activity ID" column on the "View Activities" screen in Chapter Leadership Administration will show a unique number assigned to that activity, such as 1111111. That number will appear immediately before the activity description/recipient name in the "Transaction/Description" field for online banking and in the "Description" field on your statement. For this example, the statement would display 001111111 for the Activity ID. See more below:

Online Banking Shows:
Credit Union Statement Shows:
Preauthorized Credit
001111111-ABC Organization

The XXXXXXXX is a number assigned to the transfer of the funds – a banking number.

While deposits made by Thrivent Financial can be labeled with an Activity ID, Thrivent Federal Credit Union has no way of labeling or identifying other deposits made to the checking account. The chapter needs to determine the best way to track any deposits made on behalf of its service teams.

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Insurance products issued or offered by Thrivent Financial, the marketing name for Thrivent Financial for Lutherans, Appleton, WI. Not all products are available in all states. Products issued by Thrivent Financial are available to applicants who meet membership, insurability, U.S. citizenship and residency requirements. Securities and investment advisory services are offered through Thrivent Investment Management Inc., 625 Fourth Ave. S., Minneapolis, MN 55415, a FINRA and SIPC member and a wholly owned subsidiary of Thrivent. Thrivent Financial representatives are registered representatives of Thrivent Investment Management Inc. They are also licensed insurance agents/producers of Thrivent. Fee-based investment advisory services are available through qualified investment advisor representatives only.

Trust and investment management accounts and services offered by Thrivent Trust Company are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, nor guaranteed by Thrivent Trust Company or its affiliates, and are subject to investment risk, including possible loss of the principal amount invested.

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