THE DETROIT JEWISH NEWS • Friday, July 20, 1919 13 Morse is • 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 account features. 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. We're offering, brand-new Four- 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%. Type of Account Regular (Daily Interest) Minimum Amount No 5.50% 5.61% One-Year Certificate* $100 6.50% 6.66% 21/2-Year Certificate* $100 6.75% 6.92% 4-Year Certificate* $100 • 7.50% 7.71% 6-Year Certificate* $100 7.75% 7.98% $100 4 - Year Money Market Certificate*t $100 182 - Day Money Market Certificate* $10,000 1. Alarm (Snooze Feature) 2. Alarm (Lighted Dial) 3. Decorator Clock 4. Decorator Clock 5. 24-HourTimer 6. Luminous Dial Alarm 7. Men's Watch LED (Gold Tone) 8. Women's Watch LED (Chrome Plated) 9. Men's Watch LED (Chrome Plated) "10. Women's Watch LED (Gold Tone) 11. Decorator Clock 12. Decorator Clock 13. Decorator Clock 14. Men's Watch (Chrome Plated) 15. Men's Watch (Calendar) 16. Women's Watch (Gold Tone) 17. Women's Watch (Chrome Plated) 18. Men's Watch LCD (Chrome Plated) 19. Women's Watth LCD (Chrome Plated) 20. Men's Watch LCD (Gold Tone) 21. Women's Watch LCD (Gold Tone) Effective Annual Annual 'Rate** Rate Minimum 8-Year Certificate*, DEPOSIT 8.00% 8.24% The interest rates for these ac- ounts are de- termined on the date the account is opened. Call 965-2020 for the current rates. $500 to $999 $1,000 $5,000 or to $4,999 More FREE FREE FREE FREE FREE FREE $ 5.95 FREE FREE FREE FREE FREE FREE FREE FREE $ 5.95 FREE FREE $ 5.95 FREE FREE $ 5.95 FREE FREE $ 5.95 FREE FREE $ 5.95 $ 8.95 $ 8.95 $ 8.95 FREE $ 4.95 $ 4.95 S 4.95 FREE FREE FREE FREE $ 9.95 S 5.95 FREE $ 9.95 $ 5.95 FREE $ 9.95 $ 5.95 FREE $ 9.95 $ 5.95 FREE $24.95 $19.95 $14.95 $24.95 $19.95 $14.95 $24:95 $19.95 $14.95 $24.95 $19.95 $14.95 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 association. This gift offer not available in our Grand Rapids offices. *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 continuously. 1ST First Federal Savings of Detroit FEDERAL Main Office: 1001 Woodward Avenue, Detroit, Michigan 48226, Phone: 965-1400 Branch offices throughout the Detroit Metropolitan Area.