THE DETROIT JEWISH NEWS
Friday, Odder 23, 111 3
In 8,760 hours, you can have
a lot more money.
Convert your 26-week Money Market
Certificate with no penalty.
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FSLIC
1. Timex Alarm Clock
2 Timex 24 Hour Timer
3. Timex Alarm Clock
4. Timex Wall Clock
5. Timex Wall Clock
6 Timex Mini Alarm
7 Citizens Quartz Alarm
- --- —
With a deposit to an All Savers Certi icate account, to a
new AmerAccount checking account or to a new or existing
regular savings account. you qualify or one FREE gilt or
one Trade-up Discount Purchase, as follows:
$500
To $999
51.000
To $4,999
55,000
To 59.999
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Corm: see us soon For taking the time to open an
American Federal All Savers Certificate, well give you
a vac to keep the time
free.
GIFT SELECTION
Here's how to quality
for exciting Timex
watches, clocks, etc.
0
If you have a Money Market Certificate With American
Federal that hasn't matured yet. the law will allow you
to transfer the funds to an American Federal All
Savers Certificate with no penalty for early withdrawal.
So. you'll have no earnings lost in moving your
money from a taxable certificate to one that's tax-free.
You may have funds invested in a Money Market
Certificate elsewhere. When it matures. lust collect
If you have money in money funds, you may
be better off with it here.
Depending on your tax bracket, you may be better ,,fl
with a tax-free All Savers Certificate than a taxable
money market mutual fund. Unlike your fund. the
interest rate for our Certificate is guaranteed for a full
year. And its insured by the FSLIC for up to
- $1(X).000
310.000
I S15,000
To 514,999
Or More
0. Timex Ladies' Sport
10 Timex Ladies' Quartz
11. Timex Ladies' L.C.D.
12. Timex Men's Quartz
13. Timex Men's Quartz
14. Timex Men's LC .D
The All Savers Certificate
and Timex -plus at
american federal savings
Southfield • Barrningharn-13kromfield • Claw•on • lietroit • Eat4 Detroit • Farrningion-
Farmington Hills • Oak Park • Warren-Sterling Heights
utimminommoirimi••••••*
_
—
With each
additional
deposit of
$10000.
Yo
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1,,, pay
8 88 8 88 88 88 8 88 8
The American Federal All Savers Certificate is a new
one-year savings certificate. The current effective annual
yield is 12.14% (11.459 annual rate) continuously
compounded. You can open one with as little as
$500. or as much as you'd like. The first $2.000 earned
in interest is tax-free for a joint return. or $1.000 for
an individual return.
If you have a Money Market Certificate
expiring somewhere else, bring your funds
to us.
your principal and interest and bring it to us. We II
open a tax-free All Savers Certificate for you and g
you a free Timex-Plus clock or watch
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Invest as little as 3500. Get up to $2,000 in
tax-free interest.
You may be holding certificates other than the
2b-week type maturing at longer periods of time. No
matter whether they mature at 2 years. 4 years. or
whatever intervals. it may pay you to invest those
funds in a new All Savers Certificate. You will pay a
penalty, of course. for early withdrawal. but depending
on your particular financial situation. the tax savings
enjoyed with an All Savers Certificate may make it
worthwhile. Stop by any American Federal Savings
office and we,will be happy to explain the benefits to
you. We suggest you also discuss your plans with your
tax consultant.
n
The new American Federal Savings All Savers
Certificates provide new and important investment
opportunities for many savers. And if you open an All
Savers Certificate at American Federal now, we'll give
you a watch from our Timex-Plus collection. free or•at
a very special low price (see chart below).
If you convert other kinds of certificates, the
penalty may well be worth it.
nr
You can get up to $2000
in tax-free interest—and a
special gift—when you
invest in an American
Federal Savings All
Savers Certificate