THE:DETROIT JEWISH 1rEWS
Friday, August. 14, MT 3
American Federal Swings
introduces
you can get insured high-interest savings, Interest-earning
erAccount checking, and a package of special free services.
New: high-interest 30-month
Small Saver Certificates
Free checking means free,
free.
Now, for a minimum deposit of as little as $100, you,
too, can take advantage of high interest rates. Re-
cent federal action makes it possible for you to earn
those high rates in an insured plan — a plan that's
the heart of a whole new program called
Money - Planner,'' available only at American
Federal Savings. What's
effective
more, our interest rates on
August 4. 1981-August 17. 1981
Small Saver Certificates are
the highest allowed by law
and higher than any bank
annual interest
continuously compounded
is allowed to pay. The rate
is determined every two
weeks by the U.S. Treasury
effective annual yield
Department. You may also
make additional deposits to this account in
amounts of S100 or more. Each deposit will have its
own rate of interest and maturity. This allows you to
take advantage of fluctuating interest rates.
When we say AmerAccount
checking is free, that can
be doubly true. When you
maintain $300 or more in
your AmerAccount or
$1,000 or more in any
American Federal sav-
ings plan, there are no service
charges subtracted from the interest
you earn. What's more, you can qualify for
free check printing when you choose our no-charge
check safekeeping service. So if you really want to
see what our free checking can be worth to you,
add the interest you're not getting now and the
service charges and the check-printing charges
you're paying. It's not just pennies and nickels, is it?
15.80%
17.37%
MONEY*PLANNEW Savings,
earnings and more savings.
Our new Money'- Planner program includes many
ways to save money and many ways to earn money
on your savings. Come and talk with us soon about
opening a Money - Planner account. If you currently
have a savings or checking
account at American Federal
Savings, it's likely that you
can add Money - Planner
benefits to your current thrift
program. Read on, learn
what these benefits are.
AmerAccountsm Checking
Save while you pay bills.
What happens to your money while it's sitting in your
checking account? That's an important question for
you to think about. Especially if each
dollar is vital and few of your dollars
get to sit very long. With Amer-
Account checking, every dollar
earns interest every day, every hour,
every second that you're not using it
to pay bills. The earned interest is
automatically added to your bal-
ance and it becomes additional
money that, in these "tight
money" days, can be very im-
portant. Anyway, why should you
r'cly to have a checking ac
aunt when we'll pay you to have
one here?
Your signature is worth
money.
As part of the Money - Planner program, you can
apply for an AmerAccount Line of Credit, a cash
reserve, yours to use as you need it. With the Amer-
Account Line of Credit, you'll
know that you have over-
draft protection and can
write an AmerAccount
check for more than the
balance in your 'checking
account.
American Federal Savings will
automatically cover the difference for you,
charging it against your reserve. This ability to pay
on the spot can help you take advantage of spe-
cial purchase opportunities and deal positively with
emergencies. Your Money Planner Line of Credit is
personal, private, and easy. Whenever you need
money you simply write a check, up to your avail-
able line of credit, and funds will be transferred in
multiples of S50, from your AmerAccount Line of
Credit account. It costs nothing until you use it, and
simple interest is calculated when you do.
Regular repayments are easy to make with the re-
payment form attached to your monthly statement.
This shows your loan balance, repayments, finance
charges, and remaining Line of Credit. Be sure to
apply for this service separately when you open
your Amerficcount
Reduce the cost of travel.
Another special feature of Money' Planner is an-
other way to save money. Why pay fees for travelers
checks? We'll provide
you with all the Citicorp
Travelers Checks you
want — for no fee. Add
the saved fee to the
money you save with
AmerAccount checking-
and you just might be
able to travel a little
farther!
Insured? Sure! To $100,000!
What you're looking for is a
safe, sure place to save. You
have that at American Federal
Savings. Each Money' Planner
account, just like every
account at American Federal
Savings is insured by the Fed-
eral Savings and Loan Insur-
ance Corporation, an
agency of the U.S. Govern-
ment. Your savings are in-
sured to $100,000.
Interesting facts
about interest.
At American Federal Savings, you earn interest on
your Money - Planner Certificate Savings Account,
you earn interest on your AmerAccount checking,
and if you have a regular savings
account, you earn interest on
that, too. Now, the question is, in
what way would you like to re-
ceive the interest? Your certificate
savings interest can be added to
that account, or automatically
transferred to your regular savings
account or your AmerAccount or
you can receive it in the form of a
monthly or quarterly check.
Lots of options — and you choose
the one best for you.
Still more ways to save.
Remember, your Money' Planner program can
include a regular savings account. This type of
account, which earns the highest interest allowed
by law, is ideal for short-term
savings. You can even have
more than one regular
savings account. As many
as you like — each for a
special purpose, if that
will help you reach
your goals. American
Federal Savings also
offers other types of
certificate accounts,
each intended to serve a
special purpose for you.
Come and talk with us. There's even
more to know about Money' Planner accounts
than we can tell you here. You owe it . to yourself to
find out how your money can work as hard for you
as you work for your money.
Your savings are insured to
$100,000 by the Federal Savings
and Loan Insurance Corporation.
american fe-deral savings
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