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March 10, 1978 - Image 17

Resource type:
Text
Publication:
The Detroit Jewish News, 1978-03-10

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

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Friday, Nardi 18, 1918 11

THE DETROIT JEWISH NEWS

STANDARD FEDERAL SAVINGS
CAN HELP YOU
MAKE
MORE
MONEY!

Put $1,000 or more of your savings in our 72 month
Certificate Savings Account and receive

-

WHICH

';41)

PER
ANNUM

WITH QUARTERLY
COMPOUNDING
WILL EARN YOU ...

1. Insured safety! 2. A rate of return that is guaranteed
against fluctuation for a full 72 months. 3. Automatic quar-
terly compounding. You get all three at Standard Federal
SaVings.
Take advantage of our quarterly compounding and earn
On effective annual rate of 7.98% on your savings by
depositing $1,000 or more and letting us compound the
interest. Example: .1f you were to deposit $10,000 in a 72-
month Standard Federal Savings Certificate on January 1,
at the end of 72 months, your $10,000 would have grown
to $15,850.00.

Or, take advantage of our Check-A-Month plan and re-
ceive a monthly interest check—with a minimum deposit

Regular Passbook
Savings Accounts Earn

79

DAILY
INTEREST

year
In erest is ;It and compounded guar-
increases the annual yield on
your account to 5.35%. Withdrawals from
your account can be made without ad-
vaqce notice and without penalty. A great
way to make your money grow!

toffy which

ANNUAL
YIELD

of $5,000. Example: Deposit $10,000 in a 72-month Certif
icate account earning 7.75% and we will mail you an
interest check fo 564.58 every month for 72 months. Your
savings earn si ple interest at the rate of 7.75% per year
and your origi al $10,000 deposit will be waiting for you
when your cer ficate matures.

WWII.

FSLIC

hOlta. Sm.L won

Cop

, $40 000

Come in soon. here's an office nearby to serve you.

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 The withdrawn
funds will lose 90 days interest and in addition the; terest on the withdrawn funds will be recalculated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

Other Certificate Savings Accounts Available

2

eo

year

One-Year
Savings
Certificates*

$1,000 minimum deposit

You simply -keep $1,000 or more on de-
posit for 12 months. Interest is paid and
compounded quarterly to yield 6.66%
annually.

OFFICES
CONVENIENTLY LOCATED
TO SERVE YOU.

/4

per

year

30-Month
Savings
Certificates*

y 2

$1,000 minimum deposit

$1,000 minimum deposit

Just keep 91.000 or more on deposit for
30 months and with interest paid and com-
pounded quarterly, you receive 6.92%
annually.

When you deposit $1.000 or more in our
7 1/2% Certificate Savings Account for 48
months. interest is paid and compounded
quarterly to earn 7.71% annually.

STAN DAR
D
SAVINGS

FEDERAL

48-Month
5 Savings
year Certificates*

People
helping
people

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