Thrivent Financial for Lutherans

Thrivent Financial for Lutherans was newly formed on January 1, 2001. The Aid Association for Lutherans (AAL) moved to merge with Lutheran Brotherhood and form a new name, christened Thrivent Financial for Lutherans in 2001. The company was originally established in 1902 and 1917.Thrivent Financial for Lutherans is a faith-based, non-profit membership organization with almost 2.6 million active members. They are a fortune 500 financial services organization with the strength of more than $61 billion in assets under management.

They are the largest fraternal benefit society in the world. This company also supports two separate foundations that contribute to charitable causes and maintains a network of nearly 1,400 local chapters. As the United States’ largest fraternal benefit society, this company promotes the value of community through a lot of outreach programs that benefits citizens, families and institutions. Together with its members, Thrivent Financial for Lutherans generated an estimated $429.3 million in charitable activities in 2005 and raised an additional amount of $183.6 million in 2008. Currently, Thrivent Financial for Lutherans is giving additional donations to Haiti for the 2010 Haiti earthquake. Thrivent Financial for Lutherans Company is a truly exceptional entity not for profit Fortune 500 financial services organization.

What Thrivent Financial for Lutherans Offer?

Through their subsidiaries, Thrivent Financial for Lutherans gives financial products and services in the United States. The products and services they offered include annuities, such as immediate payout annuities, fixed annuities, and variable annuities. It also includes banking such as online banking, personal banking, business banking, and trust and investment services. In addition, the company offers their products such as life insurance, disability income insurance, long-term care insurance, medicare supplement insurance, medical insurance, and business insurance. They also include shareholder services, mutual funds, managed accounts and employer sponsored retirement. Individuals and congregations that are members of Thrivent Financial for Lutherans can shop for life insurance, mutual funds, bank and trust services (by the use of Thrivent Financial Bank), and other financial services.

Not all insurance products issued or offered by Thrivent Financial for Lutherans are available in all states in America. Most of the products issued are available to applicants who meet membership, insurability, U.S citizenship and residency requirements.