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 Southfield • Birmingham-Bloomfield • Clawson • Detroit • East Detroit • Farmington- Farmington Hills • Oak Park • Warren-Sterling Heights