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July 13, 1979 - Image 3

Resource type:
Text
Publication:
The Detroit Jewish News, 1979-07-13

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

Friday, July 13, 1919 3

THE DETROIT JEWISH NEWS

We're serving new,
higher interest to savers.
Corning Ware gifts, too!

NEW! 51i%
regular- savings

Up goes the rate on our regular passbook savings,
with interest figured daily, paid and compounded
quarterly. And it's still more than the banks give!

NEW! 4 year
conthusous compOuncled
certificates
money

Never before such high interest in so short a time on
deposits of just $100 or-more. And we make the effec-
tive rate even better by continuously compounding.
Interest rate is established monthly. Rate in effect
when your certificate is issued is guaranteed for the
full 4 years.

MUMMUILS
PLUS lower•

and Corning Ware gifts

Look.what we've cooked up! Savings plans that are
better than ever with new lower minimums on most
all certificate accounts, and "Spice o' Life" Corning
Ware for savers who deposit $250 or more here in a
new or existii.g account. The more you deposit, the
greater your selection of FREE gifts. And each time
you add $100 to an American Federal Savings account

you can purchase additional Corning Ware pieces at
bargain prices. You'll enjoy the freezer-to-oven-to-
table convenience of Corning Ware. It's easy to clean,
safe in dishwashers, conventional or microwave
ovens. And it's waiting for you now at your nearest
American Federal Savings office: Offer is limited, so
hurry in and put a little something in your savings so
we can put a little "Spice" in your life.

TYPE OF ACCOUNT

EFFECTIVE
MINIMUM ANNUAL ANNUAL
AMOUNT RATE - YIELD

Regular (daily interest)

No Min. 5.50% 5.61%**

3 Month Certificate*

$100 5.75% 5.87%**

One Year Certificate*

$100 6.50% 6.66%**

2 1/2 Year Certificate`

$100 6.75% 6.92%**

4 Year Certificate*

$100 7.50% 7.71%**

6 Year Certificate*

$100 7.75% 7.97%*

8 Year Certificate*

$100 8.00% 8.24%**

New 4 Year
Continuously Compounded
Money Market Certificate*

$100 Accounts Accounts
Opened Opened
July 2-31, July 2-31,
1979
- 1979
7.85%
8.284%

26-week Money•Market
Certificate'

Interest paid at maturity

-

$10,000 Interest rates for
money market
certificates are
determined on the
date the account
is opened.

Federal Regulations require a substantial interest penalty for early
withdrawal from Certificate Savings Acuaunts.

"Paid and compounded quarterly.

Your choice FREE or at price
indicated with qualifying deposit

ITEM

PUR-
CHASE
PRICE
WITH
$5,000 ADD'I.
OR
5100.
MORE DEPOSIT

QUALIFYING
DEPOSIT

NO. DESCRIPTION

5250.
5999'

51,000•
54,999

1. Countertop
Salt & Pepper Set
2. 2 1/2 Quart
Stoie & See Canister
3. 23/4 Cup Petite Pan
4. 1 Quart Saucepan .
with plastic cover
5. 1 1/2 Pint
CoVered Saucepan
6. Grab-It Set
(two 15-oz. white bowls)
7. 2 Quart
Loaf Dish
8. Open Roaster
(103/4" x 8%")
9. Tea Pot
10. 10' Covered Skillet
11. Menu-ette Set
(11/2 & 2 quart covered
saucepans, 61/2" covered
skillet)
12. Kitchen Starter Set
(11/2 & 2 quart covered
sauce pans and 10'
covered skillet)

FREE

FREE

FREE

FREE

2.95

FREE
$ 1.95

FREE _ANY
TWO
FREE' FREE

3.95
4.95

2.95

FREE

5.95

2.95

FREE

5.95

3.95 5 1.95

FREE

.6.95

7.95

4.95

FREE.

10.95

8.95
8.95
11.95

5.95
5.95
8.95

FREE
FREE
$5.95

11.95
11.95
14.95

20.9,

17.95

14.95

24.95

A limit of one Free gift per account during this promotion is permitted under
Federal regulations. The right to limit the total number of gifts per person or
family is resereved . by the association.

Gilts are available may when adding;to an existing account or opening a new
account. Federal regulations donot permit gifts to be given when funds are
transferred from one account to anotherfCifts cannot bI2- mailed and
additional gifts aic. not available for purchase.

Gifts Illustrated ale subject to availability at time of selection and the associa-
tion's right to withdraw this offer at any time. All prices plus 4% Michigan
sales tax.

american
federal
savings

because a bank isn't enough.

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

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