THE DETROIT JEWISH NEWS
Friday, December 31, 1976 7
If you're dissatisfied with
the interest your savin
account earns, now's the time
to do s mething about it
r
COMPARE YOUR SAVINGS ACCOUNT
WITH THESE:
Type of
Account
Minimum
Amount
Annual
Rate
Effective
Annual Rate
Regular
(Daily Interest)
No
Minimum
"I'
n1/4%
5.35%
One Year
Certificatet
$1,000
61/2%
6.66%
21/2-Year
Certificatet
$1,000
634%
6.92%
4 -Year
Certificatet
$ 1 1°W
71/2%
7.71%
6-Year
Certificatet
$1,000
73A%
7.98%
t Federal regulations require a substantial interest penalty for early withdrawal from certificate savings accounts.
Now that quarterly savings interest is being paid, and many certificate savings accounts
are maturing, you should take a very close look at the interest your account has earned.
If your savings account is at First Federal Savings of Detroit, interest is earned at the
highest rate any savings association or bank can pay on insured savings. If your savings
account didn't earn that much, you owe it to yourself to be dissatisfied and to do
something about it.
isr
FEDERAL
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♦
We're First.
Put yourself in our place.
First Federal Savings of Detroit
Main Office: 1001 Woodward Avenue, Detroit, Michigan 48226. Phone: 965-1400
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Branch offices throughout the Detroit Metropolitan Area.
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