Friday, October 5, 1973-9

THE DETROIT JEWSH NEWS

Charles Quicksand
only earned 6.25
on his bank savings.
But at Metropolitan Savings
he could have earned
$32.33.
Poor Charlie!

Charlie sank his savings in a regular bank passbook
account. It was convenient, he thought. . .and the last
time they paid interest he came up six bucks richer. Not
bad; but not good enough, either. Because if Charlie had
made the same deposits and withdrawals in a VIP pass-
book account at Metropolitan Savings, he'd be $32 richer
today! The whole story is shown below. And it makes
- a difference that's worth switching your savings for! The
reason? Many commercial banks compute interest on the
lowest quarterly or monthly balance—while Metropolitan

figures interest on your daily balance. What's more, Met-
ropolitan pays 5 1/4% annually (paid and compounded quar-
terly) —while the most any commercial bank can pay
is 5%, and some pay even less. Charlie saw the difference
in dollars and cents and moved his "sinking funds' . to
Metropolitan. See what a difference it can make for
you—join Charlie and switch to Metropolitan. You can
transfer your funds quickly and easily. Just bring your
passbook from any financial institution to any Metropoli-
tan office, or call 851-5300.

5% BANK SAVINGS

51/4% METROPOLITAN SAVINGS

Computations based on daily balance method

Computations based on lowest quarterly balance method

DEPOSITS

f

DATE

APR 2, 73
APR 5, 73
APR 11, 73
APR 25, 73
MAY 4, 73
MAY 8, 73
MAY 25, 73
4, 73
JUN
JUN 25, 73
JUN 27, 73
JUN 30, 73

WITHDRAWALS

900.00
1,850.00
600.00
150.00
125.00
75.00

2,750.00

i

800.00

1,000.00
250.00

6.25

(Interest)

BALANCE

900.00
2,750.00
3,350.00
3,500.00
3,625.00
3,700.00
950.00
1,750.00
750.00
500.00
506.25

DATE

DEPOSITS

APR 2, 73
APR 5, 73
APR 11, 73
APR 25, 73
MAY 4, 73
MAY 8, 73
MAY 25, 73
4, 73
JUN
JUN 25, 73
JUN 27, 73
JUN 30, 73 -

WITHDRAWALS

900.00
1,850.00
600.00
150.00
125.00
75.00

2,750.00

800.00

1,000.00
250.00

32.33

(Interest)

BALANCE

900.00
2,750.00
3,350.00
3,500.00
3,625.00
3,700.00
950.00
1,750.00
750.00
500.00
532.33

Savings insured to $20,000 by the Federal Savings and Loan Insurance Corporation

METROPOLITAN
SAVINGS

ANNOUNCING NEW OFFICE HOURS—INCLUDING ALL DAY SATURDAY

All offices except
Downtown and Tel-12 Mall

9:30 to 4:30 Monday-Thursday
9:30 to 7:00 Friday
9:30 to 4:30 Saturday

New extended drive-up hours
at 7 Mile-Evergreen and Shelby

9:30 to 7:30 Monday-Thursday
9:30 to 7:00 Friday
9:30 to 4:30 Saturday

Tel-12 Mall

10 to 5 Monday-Thursday
10 to 8 Friday
10 to 5 Saturday

Downtown

9 to 5 Monday-Friday

MAIN OFFICE. FARMINGTON 31550 Northwestern / UTICA 45676 Van Dyke / DEARBORN 13007 W. Warren I BEVERLY HILLS-BIRMINGHAM 32800 Southfield
OAK PARK-HUNTINGTON WOODS 25555 Coolidge / SOUTHFIELD Tel-Twelve Mail / NORTHWEST DETROIT 19830 W. Seven Mile and 13646 W. Seven Mile
DOWNTOWN 139 Cadillac Square / NORTHLAND 22180 Greenfield / SHELBY 51111 Van Dyke

CENTRAL TELEPHONE NUMBER 851-5300