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March 24, 1978 - Image 16

Resource type:
Text
Publication:
The Detroit Jewish News, 1978-03-24

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

_ Frida7, Nardi 24, 1978 17

THE INTROIT JEWISH 1EWS

74

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
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
an effective annual rate of 7.98% on your savings by
depo'siting $1,000 or more and letting us compound the
interest. Example: If 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

per
4 year

DAILY
INTEREST

Interest is paid and compounded quar-
terly which increases the annual yield on
your account to 5.35%. Withdrawals from
your account can be made without ad-
vance notice and without penalty. A great
way to make your money grow!

ANNUAL
YIELD

of 55,000. Example: Deposit $10,000 in a 72-month Certif
icate account earning 7.75% and we will mail you an
interest check for $64.58 every month for 72 months. Your
savings earn simple interest at the rate of 7.75% per year
and your original $10,000 deposit will be waiting for you
when your certificate matures.

MEMBER

FSLIC!

feta. Saw.. & lean Inswarco C.0

• e .10 000

Come in soon. There's an officu nearby to serve you.

'You can withdraw your money at any time. However, in accordance with federal regulations on all
certificate accounts. a substantial interest penalty is required for early withdrawal. The withdrawn
funds will lose 90 days interest and in addition the interest on the withdrawn funds will be recalculated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

62

- One-Year
Savings
Certificates*
year
year

m,

/ 1 9,

%

$1,000 mi nimum deposit

You simply keep St .000 or more on de-
posit for 12 months. Interest is paid and
compounded quart erly to yield 6.66%
annually.

OFFICES
CONVENIENTLY LOCATED
TO SERVE YOU.

--

4

y ear

30-Month
Savings
Certificates*

1

2
/

year

Savings

Certificates*

$1,000 minimum deposit

$1,000 minimum deposit

Just keep 51.000 or more on deposit for
30 months and with interest paid and com-
pounded quarterly, you receive 6.92%
annually.

48-Month

Tpr

When you deposit 51.000 or more in our
742% Certificate Savings Account for 48
months. interest is paid and compounded
quarterly to earn 7.71% annually.

=1,

STAN
DAR D
FEDERAL SAVINGS

People
kelp.
people

o

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