THE DETROIT JEWISH NEWS
November 7, 1975 13
DoesYour Bank Compound
Interest Continuously?
We Do!
And Here's the Dollars & Sense of It!
ANNUAL
RATE
EFFECTIVE
ANNUAL
YIELD
MINIMUM
OPENING
DEPOSIT
SAVINGS
PAID AT
MATURITY
PLUS
ESTIMATED
CHECKING
CHARGES SAVED
6 Year
Investment
Passbook
Account
7.50%
7.79%
Plus
Free
Checking
$1,000.
$1 568.31
$144.
4 Year
Investment
Passbook
Account
7.25%
7.52%
Plus
Free
Checking
$1,000.
$1,336.43
$ 96.
30 Month
Savings
Certificate
6.50%
6.72%
Plus Free
Checking
$ 500.
$ 588.22
$ 60.
12 Month
Savings
Certificate
6.00%
6.18%
Plus Free
Checking
$ 500.
$ 530.92
$ 24.
6 Month
Savings
Certificate
5.50%
5.65%
Plus Free
Checking
$ 500.
$ 513.94
$ 24.
5.00%
5.20%
Plus Free
Checking
NOT
APPLICABLE
$ 24.
TYPE OF
ACCOUNT
SUPER "5"
Passbook Account
Daily Interest
Compounded
Continuously
' = $
500.
*Subsequent Deposits a Minimum of $10.
As an EXTRA savings, all of these savings plans enable
you to have a Liberty State Bank & Trust FREE checking
account! Write as many checks and make as many deposits as
you wish — at NO CHARGE. Receive a monthly statement—NO
CHARGE. ABSOLUTELY FREE. At Liberty State Bank & Trust
you get FREE CHECKING while your savings are continually
working for you, compounding interest on top of interest at the
maximum rate allowable!
Or, if you need the extra income and can't afford to let
the interest accumulate, you CAN choose to have your interest
paid monthly, quarterly, semi-annually, annually,
or deposited to another account , dependent upon the Certificate
or Investment Passbook Account you select.
So—if your bank does not COMPOUND interest
CONTINUOUSLY your money isn't earning as much as it
should. Come into any one of our offices and bring your present
passbook or certificates from any other bank or savings and
loan. We'll make the switch for you in minutes ...the switch to
maximum interest by continuous compounding plus free check-
ing. All accounts insured by the Federal Deposit Insurance Corp.,
up to $40,000.
Federal Regulations require substantial interest penalty for -
withdrawal made prior to maturity.
There's a Liberty State Bank & Trust Office In Your Neighborhood.
Liberty State an & Trust
Member FDIC
"Full Service Saturday Banking"
West Bloomfield Township
Waterford Township
6695 Orchard Lake Rd.
4330 Highland Rd.
Banking Hours: Monday - Saturday 9:30-4:30 Friday 9:30-7:30
Other Offices: Clinton Township, Hamtramck and Sterling Heights
Except in Hamtramck