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July 07, 1978 - Image 3

Resource type:
Text
Publication:
The Detroit Jewish News, 1978-07-07

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

Friday, July 7, 1971 3

THE DETROIT JEICSII NEWS

American Super-8
Certificate Account

fir

"TA-"

Certificates

This six month (26 week)
certificate pays up -to 1/4 of 1')/0
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 you are 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 510,000 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

8.24% 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

american
federal
savings

because a bank
isn't enough.

Member-

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

8% IRA/Keogh
Certificate
8.24% Effective
annual yield

Current regulations now
permit us to pay 8`)/0 on 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.

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

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

S500 minimum. 3 years.
Interest paid and-
compounded quarterly.

MAIN OFFICE: 354-1300

Federal regulations require sub-

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

stantial penalties for early with-
drawal tram certificate .iccouias.

Federal Homeloan Bank System • Your savings are insured up to 540,000 by the Federal Savings & Loan Insurance Corporation

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