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The Magazine of The Evangelical Lutheran Church in America

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Thrivent looks at expanding its services

Fraternal benefit society could serve other Christians

Thrivent Financial for Lutherans may head as early as 2013 toward opening its services to Christians outside of Lutheranism.

The fraternal benefit society's 2.5 million members nationwide would make the decision, and two-thirds of them agree in Thrivent surveys that expansion is the best option for the future, according to the nonprofit organization.

Courtesy of Thrivent Financial for Lutherans
Thrivent Financial for Lutherans President and CEO Brad Hewitt says the organization may expand to a broader, ecumenical membership.

Such a vote would require a "50 percent-plus-one" majority to change the society's articles of incorporation, including redefining the so-called "common bond" of being a strictly Lutheran entity.

Currently, Thrivent provides financial products such as annuities, life insurance, mutual funds and bank products to members of Lutheran churches. "We have been considering this [change] for many years," said Thrivent President and CEO Brad Hewitt. "We are seeing changes in society and in member trends that make the question and consideration a little more pressing."


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