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July 20, 1979 - Image 3

Resource type:
Text
Publication:
The Detroit Jewish News, 1979-07-20

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

THE DETROIT JEWISH NEWS

Friday, July 20, 1919

ere servin
er interest to savers.
too!

Ct

.

NEW! 5%%
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

motley

certificates

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.

PLUS lower minimums
and Corning Ware gifts

Look what we've cooked up! Saings 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 existing 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

21/2 Year Certificate'

$100 6.75% 6.92%**

4 Year Certificate'

$100

6 Year Certificate*

$100 7.75% 7.97%**

8 Year Certificate*

$100

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

6.50% 6.66%**

7.50% 7., 71 cY0* *

8.00% 8.24%**

$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 Accounts.

"Paid and compounded ,luarterly

Your choice FREE or at price
indicated with qualifying deposit

PUR-
CHASE
PRICE
WITH
$5,000 ADD'I.
OR $100
MORE DEPOSIT

QUALIFYING
DEPOSIT

ITEM

NO. DESCRIPTION

1. Couiferop
Salt & Pepper Set
2. 2 1/2 Quart
Store & See Canister
3. 23/4 Cup Petite Pan
4. 1 Quart Saucepan
with plastic cover

5. 11/2 Pint

5250.
$999

$1,000.
$4,999

FREE FREE

$ 2.95

FREE FREE

FREE FREE

$ 1.95 FREE

2.95

ANY
TWO
FREE

3.95

4.95

2.95 FREE

5.95

2.95 FREE

5.95

Covered Saucepan

6. Grab-It Set
(two 15-oi. white bowls)
7. 2 Quart

3.95

1.95 FREE

6.95

• 7.95

4.95 FREE

10.95

Loaf Dish

8. Open Roaster
(103/4" x 8 5/8")
9. Tea Pot

10.

10" Covered Skillet '

11.

Menu-ette Set
(1 1%2 & 2 quart covered
sauce pans, 61/2" covered
skillet)

12. Kitchen Starter Set
(1 1/2 & 2 quart covered

8.95

5.95 FREE

11.95 -

8.95

5.95 FREE

11.95

11.95 •

8.95 $5.95

14.95

20.95

17.95

14.95

24.95

sauce pans and 10"
covered skillet)

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.

Gifts are available onli, when adding to an existing account or opening a new
account. Federal regulations do not permit gifts to be given when funds are
transferred from one account to another. Gifts cannot he mailed and
additional gifts are not available for purchase.

Gifts illustrated are 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 as

amencan
federal
savings

because a bank isn't enough.

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

3

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