THE DETROIT JEWISH NEWS
Friday, November 3, 1918 3
ik you're
considering
your savings plans,
consider ours.
li
m
E 0 R NTH
CENT
6313°EmR Cl\F E TH N
6'1(
1 CENT
YEAR
PASSBOOK
CERTIFICATE
$500 MINIMUM
CERTIFICATE
$1000
MINIMUM
INTEREST COMPOUNDED AND PAID QUARTERLY
INTEREST COMPOUNDED AND PAID QUARTERLY
CERTIFICATE
$1000
-
MINIMUM
INTEREST COMPOUNDED AND PAID QUARTERLY
amencan
federal
savings
because a bank
isn't enough.
Plus these exciting new, high interest accounts:
• American Super-8 Certificate Account. 8% for 8 years. $1,000
minimum. Effective annual yield 8.24%. Paid and compounded
•
quarterly.
• T ± Certificates pay up to 1/4 of 1% more than the average
-
auction' discount rate for 26 week Treasury ,bills son minimum
deposits of $10,000: 26 weeks (6 months). Interest paid at
maturity. (Treasury Bill yield to maturity is higher than the
quoted auction rate.)
• 8% IRA/Keogh 3 Year Certificate. $500 minimum. Interest paid
and compounded quarterly for 8.24% annual yield.
Every one offers a better interest rate than you could get at a
bank! That's why, when it -comes to savings, a bank isn't enough!
Federal regulations require substantial penalties for early withdrawal from certificate accourns.
. DETROIT • EAST DETROIT • CLAWSON • OAK PARK
SOUTHFIELD • BIRMINGHAM-BLOOMFIELD TWP.
FARMINGTON HILLS • WARREN-STERLING HEIGHTS
M ember Federal Home Loan Bank System 'Your savings are insured up
to $40,000 by the Federal Savings & Loan Insurance Corpoiation