THE DETROIT JEWISH NEWS
Friday, July 20, 1919 13
Save now and enjoy a timely gift.
On top of that, we've reduced the
minimum deposit on most of our other
certificate accounts, too. Now you only
need to deposit $100 or more to open any
of our high-interest certificates (except
our popular 182-Day Money Market
Certificate which pays an even higher
rate on deposits of $10,000 or more).
First Federal Savings of Detroit is
offering savers this great variety of
beautiful Timex gifts. Make a qualifying
deposit to a new or existing First Federal
savings account and you can take home
the Timex of your choice. Either free, or
at big savings. Choose from decorator
wall clocks, alarm clocks,.24-hour timer,
women's and men's watches. It's our way
of introducing some great new savings
And the penalty for early withdrawal
has been modified for certificate accounts
opened after July 1, 1979. On our One-
Year and our 182-Day Money Market
Certificates, the penalty is no more than
-90 days' interest. On our longer term
certificates, the maximum penalty is now
180 days' interest.
We've increased our interest rate on
regular savings. To a full 5 1/2% per year
daily interest, paid and compounded
quarterly. One-quarter percent more
than any bank is perMitted to pay on an
annual interest rate basis.
Check the gift chart, visit any First
Federal office, make your qualifying
depossit and take home your Timex gift.
Of course, our Timex offer is limited,.
so open or add to a First Federal savings
account today. While money is time.
Year Money Market Certificate that fea-
tures. a high rate of interest never before
possible in so short a time with a deposit
of only $100 Of more. The interest rate for
this account is established monthly.
However, the rate in effect when your
certificate is issued is guaranteed for the
full 4-year term.* July's rate for this ac-
count is 7.850% annual interest, com-
pounded continuously for an effective
annual yield of 8.284%.
4 - Year
182 - Day
1. Alarm (Snooze
2. Alarm (Lighted
3. Decorator Clock
4. Decorator Clock
6. Luminous Dial
7. Men's Watch LED
8. Women's Watch
9. Men's Watch LED
"10. Women's Watch
LED (Gold Tone)
11. Decorator Clock
12. Decorator Clock
13. Decorator Clock
14. Men's Watch
15. Men's Watch
16. Women's Watch
17. Women's Watch
18. Men's Watch LCD
19. Women's Watth
20. Men's Watch LCD
21. Women's Watch
LCD (Gold Tone)
The interest rates
for these ac-
ounts are de-
termined on the
date the account
is opened. Call
965-2020 for the
Illustrated gifts are subject to availability at time of
selection and the association's right to withdraw this
offer at any time.
All prices plus4% Michigan sales tax.
Only onesift per account is permitted under federal
regulations and the right to limit the total number of
gifts per person or family is reserved by the
This gift offer not available in our Grand Rapids
*Federal regulations require a substantial
interest penalty for early withdrawalfrom
certificate savings accounts.
**Interest on all First Federal savings accounts
(except 182-Day & Four-Year Money Market
Certificates) is compounded quarterly.
tlnterest on this account is compounded
1ST First Federal Savings of Detroit
Main Office: 1001 Woodward Avenue, Detroit, Michigan 48226, Phone: 965-1400
Branch offices throughout the Detroit Metropolitan Area.