Friday, Noveskr 6, 1981 3 THE DETROIT JEWISH MEWS In 8,760 hours, you can have a lot more money. 4 11111 ►1►►►►►►►1 1 ►► - If you convert other kinds of certificates, the penalty may well be worth it. 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 • 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). The American Federal All Savers Certificate is a new one-year savings certificate. The current effective annual yield is 10.77% (10.228 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 $1.060 for an individual return. Convert your 26-week Money Market Certificate with no penalty. 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 Carly withdrawal. So, you'll have no earnings lost in moving your money from a taxable certificate to one that's tax-free. If you have money in money funds, you may be better off with it here. Depending on your tax bracket. you may be better off 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 it's insured by the FSLIC for up to $100.000. Come see us soon. For taking the time to open an American Federal All Savers Certificate. we'll give you a way to keep the time. . .free. If you have a Money Market Certificate expiring somewhere else, bring your funds to us. You may have funds invested in a Money Market Certificate elsewhere. When it matures. just collect Inve . st as little as $500. Get up to $2,000 in tax-free interest. your principal and interest and bring it to us. We'll open a tax-free All Savers Certificate for you and give you a free Timex-Plus clock or watch. You may be holding certificates other than - the 26-week type maturing at longer periods of time. No - matter whether the 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. regulanon reguaL, a subPannal ix , t for early orandraoal and Irns .4 lax evmrmn lrr early oarhdraool or pldge, of any grenon the reedearry a collareral 16V1.•81• FSLIC V.... San,. Y.... so $1,6101 Federal regolanons permit one free rah per acroun ■ Panencen am F edkTal havarg, mom,' nghr to Dna the number or its per cusromer (Met is good through December IM 19ril. or orhav supply lasts Clocks and oarches are warranted agaalsr &teas en manufacture by Ow manulacturer nor American Federal saving Sorry. no 111.1 order. GIFT SELECTION CHART Here's how to qualify for exciting Timex watches, clocks, etc. 1. Timex Alarm Clock 2. Timex 24 Hour Timer 3. Timex Alarm Clock 4. Timex Wall Clock 5. Timex Wall Clock 13. Timex Mini Alarm - 7. Ouartz Alarm 8. Citizens Quartz Alarm 9. Timex Ladies' Sport 10. Timex Ladies' Quartz 11. Timex Ladies' LCD. 12. Timex Men's Quartz 13. Timex Melt's Quartz 14. Timex Men's LC.D. With a deposit to an All Sayers Certi icate account. to a new AmerAccount checking account or to a new or existing regular savings account, you qualify or one FREE gift or one Trade-up Discount Purchase. as follows: $500 $10 00 To $4,999 To $999 FREE ____ FREE FREE FREE FREE S 4.00 FREE $ 8.00 S 5.00 S 8.00 $10.00 $13.00 $17.00 $20.00 $17.00 $20.00 $19.00 $22.00 $19.00 $21.- e $19.00 $22.00 $19.00 $2203 $19.00. - $22.00 $19.00 $22.00 . Farmington Hills • Oak Park • Warren-Sterling Heights mom. rov $15,000 an t,. pay $10,000 $5,000 '' To $14,999 Or More To $9,999 t.0 :___ ___ : E R E E _ li F FREE _ FREE FREE FREE FREE FREE $ 7.00 S 7.00 $12.00 $1203 $12.00 $12.00 $12.00 S12.00 FREE FREE FREE FREE FREE FREE $ 760 $ 7.00 S 7.00 S 7.00 $ 7.00 S 7.00 The All Saver. s- Certificate and Timex-plus at american federal savings SOuththeld • Birmingham-Bloomfield • Clawson • Detroit • East Detroit • Farmington- With each additional deposit of FREE FREE _ FREE FREE FREE FREE FREE FREE FREE FREE FREE FREE S 8.00 $10.1313 $12.00 $17.00 522.00 $2200 $24.00 $2490 $24.00- $24.00 - $24.00 $24.00