# LCMS Convention Proceedings_St. Louis Missouri_1956_S398
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

398 MISSIONS

movie, entitled God’s Bank, was Prepared. This movie has received
wide circulation, A Series of slides Pointing to the need for Church
Extension funds was also made available.

As a result of this emphasis our people are depositing more

Synod’s Church Extension Fund should be operated like a bank,
which receives deposits from its members, pays interest, sets up
the necessary reserves for Payments of withdrawals, and invests
the bulk of the Fund in churches, schools, and Parsonages,

Activity During the Triennium
Church Extension Loans Made to Districts
(February 1—January 31 )

Applications Loans
Year Received Granted Paid
1953 $ 908,800.00 $ 621,300.00 $ 672,100.00
1954 1,837,790.00 1,392,390.00 1,212,800.00
1955 2,608,200.00 2,414,000.00 1,870,040.00

For complete financial condition see Treasurer’s Report below.
“Conquest for Christ” Loans

The Church Extension Fund of Synod profited from the “Con-
quest for Christ” offering in several ways. It received an outright

and South America and the Church Extension Board. The repay-

ments for “CFC” loan schedule is Supervised by the Church Ex-
tension Board.

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