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July 09, 1976 - Image 15

Resource type:
Text
Publication:
The Detroit Jewish News, 1976-07-09

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

THE DETROIT JEWISH NEWS





Friday, July 9, 1976 15

INCRASE, YOUR r
MONTHLY INCOME

1

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HECK-A-MONTH
rtificate Savings
Accounts at
aridard Federal
Savings Will
- - - - - -
end You An Interest
Check Every Month

1.6.ssoiszs

. 4. 6

What could be more convenient than having your current month's interest
sent right to you through the mail at the end of each month!

Get this amount each month in a check

With a Check-A-Month Certificate Savings Account you receive your interest
in 12 equal monthly checks throughout the year without disturbing your
original savings deposit.

You can open a seventy-two month 7 3/4 % Check-A-Month Certificate Savings
Account, a forty-eight month 7 1/2 % Check-A-Month Certificate Savings
Account or a thirty-month 6 3/4 % Check-A-Month Certificate Savings Account
with any deposit of $5,000 or more ... no special even figure is needed.

As an example, if you deposit $20,000 in a seventy-two month 7 3/4 % Check-
A-Month Account you will get a check each and every month for $129.17 from
Standard Federal Savings. If . you choose to deposit $20,000 in a forty-eight
month 7 1/2 % Check-A-Month Account, you will receive a check for $125.00
every month. The chart on the right shows what your monthly income will be
for deposits from $5,000 to $50,000. Of course your account can be opened
for any amount of $5,000 or more.

As you can see, Check-A-Month pays a handsome return.

You can withdraw your money at any time. However, in accordance with federal regulations
on all certificate accounts, a substantial interest penalty is required for early withdrawal. The
withdrawn funds will lose 90 days interest and in addition the interest on the withdrawn funds
will be recalculated from the original term of the certificate at the then-current regular passbook
interest rate.

*so

STANDARD
FEDERAL SAVINGS

People
kelp.
people

Put this
amount
on deposit

€3/4%
30-Month
Cert.*

71/2 %
48-Month
Cert.**

7.3/4 %
72-Month
Cert.***

$ 5,000

$ 28.13
$ 56.25
$ 84.38
$112.50
$225.00
$281.25

$ 31.25
$ 62.50
$ 93.75
$125.00
$250.00
$312.50

$ 32.30
$ 64.59
$ 96.88
$129.17
$258.34
$322.92

$10,000
$15,000
$20,000
$40,000
$50,000

*Based on 6 3/4 °A, 30-month certifi-
cate savings account with $5,000
minimum deposit.
**Based on 7 1/2% 48-month certifi-
cate savings account with $5,000
minimum deposit.

50 West Big Beaver, Birmingham
99 West Maple, Birmingham
825 West Long Lake, Bloomfield Hills
3700 West Maple, Bloomfield Twp.
25950 Middlebelt, Farmington Hills
1310 Rochester Road, Rochester
1406 North Woodward, Royal Oak
29405 Greenfield, Southfield
25123 Southfield, Southfield
2401 West Big Beaver, Troy
2699 West Big Beaver, Troy
940 East Long Lake Road, Troy

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
186 Main Street, Belleville
44101 Ford Road, Canton Township
5811 Middlebelt Road, Garden City
17230 Farmington Road, Livonia
2069 Rawsonville Road, Van Buren Twp.
35150 Michigan Avenue, Wayne

,

**Based on 73/4% 72-month-certifi-
cate savings account with $5,000
minimum deposit.
Savings accounts are insured to
$40,000 by the F.S.L.I.C., an
agency of the U.S. Government.

315 South Wayne Road, Westland
123 West Michigan, Ypsilanti

14628 East Jefferson at Manistique
16530 East Warren near Outer Drive
11511 Kelly Road at Whittier
25501 Harper, St. Clair Shores
4660 Twenty-Four Mile Road, Shelby Twp.
3900 Fourteen Mile Road, Warren
30700 Schoenherr, Warren

405 Griswold at Jefferson

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