THE DETROIT JEWISH NEWS

Friday, January 14, 1966-3

For American
Savings Customers

A SILVER
DOLLAR
BONUS!!
Plus 44%

compounded
and paid
quarterly

While our supply lasts, all American Savings
customers who add $200 or more to their
savings account will receive a free, U.S. Silver
Dollar*(uncirculated, 1881-1887, worth several
times face value)

If you don't have an American Savings account,
now is the time to do something about it.

All accounts opened by the 10th earn from the 1st

* Limit, one per customer, Offer good

only as long as our supply lasts.

DECEMBER 31, 1965

ASSETS

Cash, U.S. Government Bonds, Federal
Agency Debentures and Investments.

LIABILITIES

$ 10 777,013.72

Stock in Federal Home Loan Bank

First Mortgage Loans

2,500,000.00

$153,468,225.33

Advances from Federal Home Loan Bank

11,000,000.00

157,026,831.90

Loans on Savings Accounts

498,187.17

Land Contracts on Residential Properties,

779,429.64

Real Estate Held for Redemption

1,152,473.15

Office Buildings and Equipment

Other Assets

TOTAL

Savings Accounts

Loans in Process

.

204,783.37

Specific Reserves

83,992.01

2,357,339.04

Other Liabilities (principally for taxes
prepaid by borrowers)

2,244,517.31

1,566,119.69

General and Special Reserves

9,655,876.29

$176,657,394.31

TOTAL

$176,657,394.31

DIRECTORS ❑ Adolph Deutsch ❑ Alfred L. Deutsch ❑ George M. Zeltzer ❑ Charles Canvasser
❑ Joseph B. Cotten
❑ Charles L. Dodge ❑ Samuel N. Gershenson ❑ Nathan I. Goldin ❑ Samuel S. Greenberg ❑
Samuel Hechtman
Maxwell Jospey 0 Graham A. Orley ❑ Jack S. Ross ❑ Jack Sylvan ❑ Joseph Warren

sN-VI

AMERICAN

SAVINGS

0(1/0-(3.

Michigan's Largest State-Chartered Savings and Loan Association.

Look in your Yellow Pages under Savings

:

