THE DETROIT JEWISH NEWS

Friday, October 31, 1980 23

INTRODUCING THE CHECKING
ACCOUNT THAT PA INTEREST

n December 31, your present checking

count at your bank becomes obsolete.
ecause on that day,First Federal Savings
of Detroit will begin offering a new con-
cept - in money management—the First
Federal interest- earning.
checking account.

You'll use this new
type of account
like any traditional
checking account.
- But it will do some-
- gb thing no checking
account ever did •
before. It will pay
you interest like a savings account-5 1:4%
per year, daily interest, paid and com- •
pounded quarterly. Even when you write
a check, the amount of that check keeps
earning interest until the day the check is
deducted from your account.

T

YourFirst Federal interest-earning check-
ing account will require a low minimum
balance of just
S300. And as
long as you
maintain
this bal-
ance,
•
there is no
monthly serv-
ice charge. First Federal's low minimum
balance requirement frees up more.of
your money for other needs

.

This optional feature of your interest-
earning checking account helps protect

you from the
inconvenience
of accidentally
A
overdrawing
the account. /1
It provides asimii,iamil;ii=IINI Imirm
you with
FFICITECTION
peace of
mind. Be sure
to apply separately for this service. When
accepted, you'll have a pre-approved line
of credit available.

r

.

■

You can sign up for
your account
right now with
a minimum
deposit of
Pi/ 526 elaetixt
S300. For
.441, 1
making this
- early deposit,
you'll be
entitled to 50free personalized checks
which will be sent to you after December
30, 1980. In addition, we'll put that - de-
posit in a regular savings account until
December 31, 1980,earning 5 1/2% per year
daily interest. On that date we'll auto-
matically convert your account to an
interest-earning checking account. And
you'll be able to start writing checks and
earning 5 1/4°,/c, annual interest, the highest
annual rate allowed by law on interest-
earning checking accounts.

•

First Federal's more than 60 offices mean
you can have your interest-earning
checking account close to where you live,
work, or shop—whichever is.most con-

venient for you.
Adding to this
convenience are
15 Night Owl
Windows
(our 24-hour •
automatic teller
machines) in key offices.
...
With them you can transact
almost all your First Federal
business any time of the day or night,
seven days a week.
It all adds up—a checking account that
pays interest, requires a low minimum
balance, offers overdraft protection and
50 free checks. And, of course, each
month we will return your cancelled

r

INTEREST ON CHECKING BEGINS HERE.

We wishto apply for a First Federal interest-
earning checKing vaccount in the names listed
below I have enclosed S
to start my account (Minimum 5300i

I

checks along with your
detailed state-
ment. Apply
for your
account by
sending in the
_coupon below.
Or visit any office
of First Federal
Savings of Detroit.
Your Center for
Family Financial Matters
Under Federal law, interest-earning
checking accounts cannot be used until
December 31, 1980. This service is available
for individuals, single proprietorships,
and some nonprofit organizations.

iFir.st Name ,

Also, please send me an application for

Overdraft
Protection

Prestige - Card for
Night Owl Window Service

, Last

initial

Address

City

State

Your Signature'

Zip

Social Security Number

0,:vner s Signature if Joint Account ,

Home Telephone

If you wish to open a point account,. please give -
name with middle initial

M

L

(First Name ,

, initial ,

mail or bring this application to your nearest
First Federal office

(Last :‘, Jame ,

INTEREST-
B6R\ING
CHECKING
ACCOUNT

FEDERAL

FIRST FEDERAL SAVINGS OF DETROIT

Main Office: 1001 Woodward Avenue, Detroit, Michigan 48226. Phone: (313) 965-1400.

Branch offices throughout the Detroit Metropolitan Area.

t.

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