THE DETROIT JEWISH NEWS
24—Friday, hbruari 27, 1970
THE DETROIT JEWISH NEWS
Friday, February 27, 1970-25
Announcing
Half a Billion Dollar Financial Institution
with the merger of...
Birmingham
Federal
Savings
Standard
Federal
Savings
DIRECTORS
Chairman of the Board
Walter J. L. Ray
President
Robert J. Hutton
William H. Baldwin
W. Emerson Clyma
Henry F. Johnson
HaNey A, Kresge
James B. Ogden
John W. Paynter
Edward A. Warnica
Robert F. Weber
Ormond S. Wessels
Richard J. Wilson
OFFICES
NORTH
99 WEST MAPLE, Birmingham
3700 WEST MAPLE, Bloomfield Twp.
3055 W. TWELVE MILE ROAD, Berkley
2699 BIG BEAVER ROAD, Troy
1406 NORTH WOODWARD, Royal Oak
25123 SOUTHFIELD, Southfield
WEST
17540 GRAND RIVER near Southfield
25712 GRAND RIVER near Beech Road
14221 GREENFIELD near Grand River
10641 JOY ROAD at Manor
24224 JOY ROAD near Telegraph
16841 SCHAEFER ROAD near McNichols
17230 FARMINGTON ROAD, Livonia
EAST
14628 EAST JEFFERSON at Manistique
16530 EAST WARREN near Outer Drive
11511 KELLY ROAD at Whittier
25501 HARPER, St. Clair Shores
30700 SCHOENHERR, Warren
3900 FOURTEEN MILE ROAD, Warren
DOWNTOWN
405 Griswold at Jefferson
TWO STRONG SAVINGS AND LOAN
ASSOCIATIONS BECOME ONE...
NOW MOVE FORWARD UNDER THE
STANDARD FEDERAL NAME!
By joining together, the managements and
staff of Birmingham Federal Savings and Standard
Federal Savings are combining their long expe-
rience, knowledge and resources—all directed
toward one objective: to provide the ultimate in
6,
A two-year certificate savings account may be opened
with $5,000 or more ... no special "even" figure is needed.
Your account may be opened at any time and it will begin
earning 6% interest from date of deposit. Interest is paid
and compounded quarterly ... interest dates are March 31,
June 30, September 30 and December 31. You can with-
draw your money at any time prior to maturity with no
advance notice, but in accordance with federal regulations
such withdrawn funds will lose 90 days' Interest. The
amount left on deposit, provided it is $5,000 or mow, will
continue to earn the 6% rate.
savings and home financing service.
What it means to you, the saver, is greater
strength and convenience than ever before. Com-
bined assets now exceed half a billion dollars. It
also means that our facilities have greatly increased
as we now have 20 offices to serve you, each
staffed with helpful, friendly and courteous people.
Birmingham Federal brings to Standard
Federal a wealth of good will and good business.
Standard Federal brings to Birmingham Federal
all the services you are used to and they will now
be available to a far greater number of people.
Yet this is only the beginning of a new era of growth
for us—and for our customers.
To our Birmingham Federal friends, we extend
a warm welcome as members of the Standard
Federal family.
To all our customers, this merger of two
major associations means greater strength—
greater capability—greater convenience through
our expanded network of offices. This is .. .
A PROUD AND IMPORTANT DAY
FOR ALL OF US
TWO-YEAR
CERTIFICATE
SAVINGS ACCOUNTS
,4
ONE -YEAR
0/CERTIFICATE
0
SAVINGS ACCOUNTS
To earn the high interest rate of 5%%, you simply open
your account with $1,000 or more. Your account may be
opened at any time and it will begin earning 5%% from the
date of deposit. Interest is paid and compounded quarterly.
Interest dates are March 31, June 30, September 30 and
December 31. You can withdraw your money at any time
prior to maturity with no advance notice, but in accord-
ance with federal regulations such withdrawn funds v#111
lose 90 days' interest. The amount left on deposit, provided
it is $1,000 or more, will continue to earn the 5%% rate.
SIX-MONTH
/CERTIFICATE
SAVINGS ACCOUNTS
0
°
To qualify for this 51/4% certificate savings account, you
simply keep $1,000 or more on deposit for six months.
Your account may be opened at any time and it will begin
earning 51/4% interest from the date of deposit ... provided
your money is left on deposit until the certificate matures.
Interest is paid and compounded quarterly. Interest dates
are March 31, June 30, September 30 and December 31.
You can withdraw your money at any time with no advance
notice, but the interest paid on the money withdrawn will
be 4% . . . figured on a daily basis. The amount left on
deposit, provided it is $1,000 or more, will continue to
earn at the 51/4% rate.
5
au DAILY INTEREST ON
7 0
REGULAR PASSBOOK
SAVINGS ACCOUNTS
Beginning April 1, 1970, 5% daily interest wilt be paid on
all regular passbook savings accounts.
1111111111
mui STANDARD
%I
mi.
FEDERAL SAVINGS