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June 27, 1969 - Image 6

Resource type:
Text
Publication:
The Detroit Jewish News, 1969-06-27

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

6—Friday, June 27, 1969

THE DETROIT JEWISH NEWS

An exci
Pb
s account
,
that will rai
terest • • •
raise it right up t /1.%!

I

k

: 4

IT'S A NEW 5.25% CERTIFICATE SAVINGS ACCOUNT THAT PAYS COMPOUNDED
EARNINGS QUARTERLY GIVING YOU AN EFFECTIVE RATE OF 5.35% PER YEAR.

...AND IT OFFERS MANY NEW
AND SUPERIOR ADVANTAGES:





You only need a $5,000
minimum balance

Your money earns from
date of deposit

Special withdrawal
privileges

Standard Federal's new 5!.i% certificate savings
account can be opened with a deposit of just

$5,000 or more. Starting with the date of deposit,
your money will begin earning interest at the rate
of 5'.ic", . And since this interest is compounded
every three months, you actually earn 5.35%
per year. The highest rate paid in Michigan!

To qualify for this higher interest rate, you simply
keep your money on deposit for six months.
Should you have to make a withdrawal before the
six month maturity date, no advance notice is
required, but the interest paid on the money with-

drawn will be 4% ... figured on a daily basis. The
amount left on deposit, provided it is more than
$5,000, will continue to earn at the 5.'1% rate.

Earnings are compounded and automatically
added to your account four times a year .. .
March 31st, June 30th, September 30th and
December 31st. Accounts are insured up to $15,000
by an agency of the United States government.

For complete details on this modern, high-interest
savings account, stop in at your nearby Standard
Federal office.

CONVENIENT OFFICES TO SERVE YOU:

Main Office: Griswold and Jefferson

17540 Grand River near Southfield Road
16530 East Warren rear Outer Drive
25712 Grand River near Beech Rbad
11511 Kelly Road near Whittier
14221 Greenfield near Grand River
25501 Harper near 10 Mile Road
10641 Joy Road near Meyers Road
30700 Schoenherr near 13 Mile Road
24224 Joy Road near Telegraph
25123 Southfield near 10 Mile Road
16841 Schaefer Road near McNichols
1406 North Woodward nr. 12 Mile Road
14628 East Jefferson near Alter Road
17230 Farmington near 6 Mile Road
MAIN OFFICE: Monday thru Thursday 9:00 a .m.-4:00 p.m. Friday 9:00 a.m.-6:00 p.m.
BRANCHES: Monday thru Thursday 9:30 a.m. —5:00 p.m. Friday 9:30 a.m.-8:00 p.m.

It's easier and more profitable to save at Standard

STANDARD

FEDERAL SAVINGS

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