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January 07, 1977 - Image 13

Resource type:
Text
Publication:
The Detroit Jewish News, 1977-01-07

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

THE DETROIT JEWISH NEWS

Friday, January 7, 1977 13

If you're dissatisfied with
the interest your savings
account
earns
now's
the
time

to do something about it

COMPARE YOUR SAVINGS ACCOUNT
WITH THESE:

Annual
Rate

Effective
Annual Rate

51 4%

5 .35%

61/2%

6.66%

$1,000

63/4% •

6.92%

4-Year
Certificatet

PM°

71/2%

7.71%

6-Year
Certificatet

$1,000

PA%

7.98%

Minimum
, Amount

Type of
Account

Regular
(Daily Interest)

One Year
Certificate'

21/2-Year
Certificatet

No
Minimum

$1,9°0

,

..,

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.

We're First.
Put yourself in our place.

FEDERAL

First Federal Savings of Detroit

Main Office: 1001 Woodward Avenue, Detroit, Michigan 48226. Phone: 9654400

Branch offices throughout the Detroit Metropolitan Area.

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