Record number of members vote; Changes will be gradual
MINNEAPOLIS – Thrivent Financial for Lutherans announced on June 6 that its membership approved an extension of its common bond, which will allow the 111-year fraternal benefit society to serve more Christians. Seventy-two percent of Thrivent members who cast their votes during the March 1 – April 30 timeframe voted in favor of revising the organization’s articles of incorporation. Nearly 425,000 members participated in this historic vote – more than double the turnout of other typical membership votes at Thrivent.
“Thank you to the many members who participated in this process, demonstrated their role as member-owners and had a voice in the decision,” said Brad Hewitt, president and CEO of Thrivent. ”This vote will allow us to strengthen our mission of helping more Christians be wise with money and live generously. Working together, we’ll be able to serve more people, meet more needs and strengthen more Christian communities.”
Hewitt continued: “One of the unique aspects of Thrivent is that our benefit members are our owners so they get to make these important decisions. We are certainly excited about the possibilities of serving more Christians. However, we are looking at this from a long-term perspective and changes will be gradual. Over the short and the long-term, one thing remains the same though: our commitment to serving Lutherans and strengthening the Lutheran community remains as strong as ever. We value our Lutheran members and our heritage and that will never change even as we move forward in a new chapter for the organization.”
In May 2012, the Thrivent Financial Board unanimously voted in favor of amending the Articles of Incorporation to extend the common bond and for submitting the proposed amendment to a benefit member vote for approval. Benefit members voted between March 1 and April 30. The vote was conducted by and certified by Election America, a third-party election services company.
About Thrivent Financial for Lutherans
Thrivent Financial for Lutherans is a faith-based, Fortune 500 financial services membership organization helping its nearly 2.5 million members to be wise with money and to live generous lives. Thrivent Financial and its affiliates offer a broad range of financial products and services. As a not-for-profit organization, Thrivent Financial joins with its members to create and support national outreach programs and activities that help congregations, schools, charitable organizations and individuals in need. For more information, visit Thrivent.com. Also, you can find us on Facebook and Twitter.
Insurance products issued or offered by Thrivent Financial for Lutherans, Appleton, WI. Not all products are available in all states. Securities and investment advisory services are offered through Thrivent Investment Management Inc., 625 Fourth Ave. S., Minneapolis, MN 55415, 800-847-4836, a FINRA and SIPC member and a wholly owned subsidiary of Thrivent Financial for Lutherans. Thrivent Financial representatives are registered representatives of Thrivent Investment Management Inc. They are also licensed insurance agents/producers of Thrivent Financial.
For additional important disclosure information, please visit Thrivent.com/disclosures.