THE DETROIT JEWISH NEWS
Friday, January 5, 1979 17
If you're dissatisfied
with the interest your
savings account earns,
Wows the time to
do something about it.
Compare your savings account with these:
Minimum
Amount
.. Type of
Account-
8-Year
Certificate
•
.
$1,000
6-Year
Certificate
One-Year
Certificate .
-
Six-Month
Investment .
Certificate
-
- 8.24°A
-
How and
When Paid
Paid and cornpounded
quarterly.
Z71 0 /0.
Paid and compounded
quarterly.
$1,000
6%0 /0
6 -.920 /0
Paid and compounded
quarterly.
..
-$1,000
' . 61/2 0/0
6.66°/0
P id and compounded
quarterly.
m 'Imo/
,a.„,.., Al .
Paid and compounded
quarterly.
.
Compounded
continuously.* -
'Paid at maturity.
No
.
•
71/2 0 /0
'
Regular
(Daily Interest)
13%
Effective
Annual Rate
7.98°/0
$1,000
.
21/2-Year
Certificate
Annual
Rate
73/40 /0
$1,000
4-Year
Certificate
-
Minimum
$10,000
51/4%
The-interest rate for this account is
determined on the date the account is
opened. Call any branch office or our hot
line, (313) 965-2020, for the current rate.
Paid and compounded
quarterly.
.
a
.
Federal regulations require a substantial interest penalty for early withdrawal from certificate savings accounts.
*Applies only to initial and renewal periods of Six-Month Investment Certificates beginning on or after December 21, 1978.
Now that quarterly savings interest is being paid, and many certificate savings
accounts are maturing, you should take a very close look at the interest your account
has earned.
Savings accounts at First Federal Savings of Detroit earn the highest annual, interest
rate any savings association or bank can pay on insured savings. If your savings account
doesn't earn that much, you owe it to yourself to be dissatisfied and to do something
about it.
Fsuc.
First Federal
Savings of Detroit
MEMBER
Federal Savngs & Loan insurance Corp
FEDERAL
Your Savings Indured to $40,000
Main Office: 1001 Woodward Avenue,
Detroit, Michigan 48226, Phone: 965-1400
Branch offices throughout the Detroit Metropolitan Area.