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June 23, 1978 - Image 3

Resource type:
Text
Publication:
The Detroit Jewish News, 1978-06-23

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

ME DETROIT JEWISH NEWS

American Super-8
Certificate Account

Friday, kall 23, 11711 3

"TA-"

Certificates

This six month, (26 week)
certificate pays up to 1/4 of 1%
more than the average •
discount rate for 26-week
Treasury Bills. Like Treasury
Bills, our current "T+" -rates
will vary from week to week.
But the rate youare quoted at
the time of your deposit will
stay in effect for.that
certificate for six months.
And, it will be higher than the
banks can pay. A minimum
deposit of $10,000 is required.
Interest is paid at maturity.

Call any office of American
Federal Savings or stop in
for a quote on our current
"T+" certificates.

Federal regulations require sub-
stantial penalties for early with-
drawal from certificate accounts.

A

8% IRA/Keogh
Certificate
8.24% Effective
annual yield

8.24% Effective annual yield
$1000 minimum. Paid and compounded quarterly.

Isn't, this just what you've been
waiting for? The best rate going
for insured savings, and.a
guarantee you'll keep on getting
it for 8 full years! That's
American's Super-8 certificate
savings account. In this changing
world we think you and your

amencan
federal
savings

because a bank
isn't enough.

children deserve something good
to count on. Find it at American
Federal Savings now.

Federal regulations require sub-
stantial penalties for early with-
draWal from certificate accounts.

it

Current regulations now
permit us to pay 8% on n
new
IRA and Keogh accounts.
Compare this with what •
you've been earning on your
tax-deferred retirement
dollars. We think you'll agree
it's a most rewarding return.

If safety and high interest
are important to you, be sure
this year's tax-deferred
retirement plans include our
8% certificate. Our invest-
ment experts will show
you how.

$500 minimum. 3 years.
Interest paid and
compounded quarterly.

MAIN OFFICE: 354-1300

DETROIT • EAST DETROIT • CLAWSON
OAK PARK • SOUTHFIELD • BIRMINGHAM-
BLOOMFIELD TWP. • FARMINGTON/HILLS
WARREN-STERLING HEIGHTS

Federal regulations require sub-
stantial penalties for early with-
drawal from certificate accounts.

A

Member Federal Home Loan Bank System • Your savings are insured up to $40,000 by the Federal Savings (St-Loan Insurance Corporation

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