14 Friday, July 8, 1977

THE DETROIT JEWISH NEWS

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Our high-interest certificcde
savings accounts help you earn
eft money by waifing.

Pretend it's six years from now.

-

You go to your desk drawer and look at the six-year certificate
savings account you opened back in 1977. Remember the $1,000 you
took to First Federal Savings of Detroit? Well, -now it's $1,584.00.
And all you had to do to get that additional $584.00 was wait. -

Of course, if you'd rather pretend it's four Years from now, or
two and a half, or even just one, we can show you plans that still will
" turn your money into more than you might have thought possible.

And remember, too, that you can have certificate savings accounts
in addition to your regular savings account (which earns 51/4%
per year daily interest, paid and compounded quarterly). In fact,
that' how many peoPle get the money to open a certificate
savings accourit. They save for it.

What's more, at First Federal, certificate savings accpunts can
entitle you to a number of special services, many not - .
available anywhere else. We think you should know about these
things because we know that -money is important for you.

So don't wait to find out.

We know what money is for.

Type of
Account

Minimum
Amount

One-Year

Certificate*

21/2-Year

Certificate*

4-Year

$1 ' 000

61/2 °/0

6.66 °A)

$1 000
'

63/4 O/c.

.7 1/2 %

6.92 %
7.71 0/,

7, 34 %

.7.98 0,_

$1 '0 00

Certificate*

6-Year

$1

Certificate*

Annual-
Effective
Rate
Annual Rate

'0

00

-

"

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How and
When Paid

Paid and compounded

quarterly.

Paid and compounded
quarterly.

Paid and compounded
quarterly.

Paid and compounded
quarterly.

Federal regulations require a substantial interest penalty for early withdrawal from certificate swrings
accounts.

F irst Federal Sav ings of Detroit

Main Office: 1001 Woodward Avenue, Detroit, Michigan 48226. Phone: 965-1400

Br\anch offices throughout Metropolitan Detroit and Southeastern Michigan, and in Grand Rapids.

Branch offices throughout the Detroit Metropolitan Area.

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