100%

Scanned image of the page. Keyboard directions: use + to zoom in, - to zoom out, arrow keys to pan inside the viewer.

Page Options

Share

Something wrong?

Something wrong with this page? Report problem.

Rights / Permissions

The University of Michigan Library provides access to these materials for educational and research purposes. These materials may be under copyright. If you decide to use any of these materials, you are responsible for making your own legal assessment and securing any necessary permission. If you have questions about the collection, please contact the Bentley Historical Library at bentley.ref@umich.edu

July 17, 1964 - Image 3

Resource type:
Text
Publication:
The Detroit Jewish News, 1964-07-17

Disclaimer: Computer generated plain text may have errors. Read more about this.

THE DETROIT JEWISH NEWS

3

Friday, July 17, 1964

fi

tir q

A v

X

`'

s

gr

4

X •

n ed and paid quarterly kifit accounts insure

0

STATEMENT OF CONDITION

LIABILITIES

ASSETS

Cash, U. S. Government Bonds and other Federal

Agency Obligations
Stock in Federal Home Loan Bank
First Mortgage Loans (incl. FHA. Insured

and V.A. Guaranteed Mortgages)
Loans on Savings Accounts.
Land Contracts on Residential Properties
Real Estate Held for Redemption (F.H,A.
Insured and V.A. Guaranteed Mortgages)
Real Estate Owned
Office Buildings, including Furniture,
Fixtures and Equipment
Other Assets.
TOTAL

10,481,772.83
2,500,000.00

138,368,121.49
539,992.58
950,427.66

1,882,974.03
184,115;78

2,257,856.85
1,230,328 15

4,500,000.00

Loans in Process

69,974.46

Advance Payments by Borrowers for
Insurance and Taxes

3,792,433.97

Specific Reserves

•••

Other Lia bilites

TOTAL

Jack S. Ross

137,709.93

68,926,32

General and Special Reserves

DIRECTORS
Charles Canvasser
Nathan I. Goldin

Graham A. Orley

$140,859,754.29

Advances from Federal Home Loan Bank

$158,395,589.37

Adolph Deutsch
Alfred L. Deutsch
Stanley M. Earp
Samuel N. Gershenson

Maxwell Jospey

Savings Accounts
(All Accounts Insured to $10,000.00)

8,966,790.40

0

,... $158,395,589.37

Joseph B. Colten

Charles L. Dodge
Samuel S. Greenberg
Samuel Hechtman

Jack Sylvan

Joseph Warren

AMERICAN SAVINGS

AND LOAN ASSOCIATION

MICHIGAN'S LARGEST STATE-CHARTERED SAVINGS AND LOAN INSTITUTION
Main Office: Woodward & Congress, Telephone: WOodward 5-5800

Back to Top

© 2021 Regents of the University of Michigan