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Thrivent thrives in '07

Business Detroit Lakes,Minnesota 56501 http://www.dl-online.com/sites/all/themes/dlonline_theme/images/social_default_image.png
Detroit Lakes Online
Thrivent thrives in '07
Detroit Lakes Minnesota 511 Washington Avenue 56501

DETROIT LAKES - In 2007, Thrivent saw an 8-percent increase in its total statutory surplus rising $317 million to a total of $4.4 billion. This provides the organization with long-term financial strength and solid positioning for future growth.

"Thrivent Financial is stronger than ever," said Bruce Nicholson, chairman, president and Cheif Economic Officer. "Our strong foundation and recent financial performance make it possible for us to provide one of the largest amounts we have returned to members in the history of our organization. Our goal is to continue providing the same or higher dividend level to members for years to come."

Thrivent Financial's gain from operations before refunds to members in 2007 totaled $671 million. Statutory net income was $391 million in 2007.

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