THE DETROIT JEWISH NEWS

Friday, January 28, 1977 13

Does Your 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.
, .

TYPE OF
ACCOUNT

Statement
Savings Account
Daily Interest
Compounded
Continuously

.

_

,

5.00%

5.20%
Plus Free
Checking

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.

$ 1.00

,

NOT
APPLICABLE

,

•

$ 24\.

( With $500 Savings

Balance)

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 Insurar,Ice 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 Bank & Trus!

Hamtramck - Holbrook at Joseph Campau
Banking Hours: Mon.-Thurs. 9:30-4:30 Friday 9:30-7:30

Other Offices:
Clinton Township, Sterling Heights, Waterford Township and West Bloomfield Township