Established in 1921, LLL Australia is a charitable financial institution which provides savings accounts.
The LLL prides itself on providing savings accounts that are simple to operate, with a great interest rate and no fees or charges. The LLL has a variety of savings accounts: personal and joint accounts; guardian accounts for children; and business accounts, including for self-managed super funds and not-for-profit organisations.
As an Authorised Deposit-taking Institution (ADI), the LLL is regulated under the Banking Act and by APRA.
The mission of the LLL is to provide business and financial support to the Lutheran Church of Australia (LCA) while providing excellent service to all customers and safeguarding the interests of depositors.
The LLL only provides loans to approved projects of LCA entities, such as upgrades to Lutheran schools, churches and care facilities, with surpluses assisting the LCA in its mission.