Friday, !leveller 13, 1981 3
THE DETROIT JEWISH NEWS
In 8,760 hours, you can have
a lot more money.
. , •
*Juirwell even give you
away to count the hours.
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
Convert your 26-week Money Market -
Certificate with no penalty.
Southfield • Birmingham-Bloomfield • Clawson • Detroit • East Detroit • Farrnmgton-
Farmington Hills • Oak Park • Warren-Sterlmg Heights
The All Savers Certificate
and Timex-plus at
american federal savings
Federal regulanons perms only one her
grft per te.cdult Amencan Federal
saving reserves the non to Una the
number of grfts per customer Off., e
good thraygls December 18 1981_ re
15l supply lasts Clucks and watches are
aatanst defects al manufacture
y the manufacturer. not by Amencan
Federal Snags Sons. no mall olden
1. Timex Alarm Clock
2. Timex 24 Hour Timer
3. Timex Alarm Clock
4. Timex Wall Clock
5. Trifles Wall Clock
6. Timex Mini Alarm
7. Citizens Quartz Alarm
— fr. Citizens Quartz Alarm
9. Timex Ladies' Sport
10. Timex Ladies' Quartz
11. Timex Ladies' Lao.
12 Timex Men's °Wirtz
13. Timex Men's Quartz
14. Timex Men's LCD.
ea... Li... I....
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.
.14.1 PA • •
With a deposit to an All Savers Certi irate 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 tot lows:
Federal regulabon rectums a sub...tam:al
[merest penalty for early wrthdtawal. and
bss of tax exemption for earls wthdrawal
or pledgng of any porton ‘,1 the
certificates m coliateral
GIFT SELECTION CHART
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 retum.
Come see us soon. For taking the time to open an
Amencan Federal All Savers Certificate. well give you
a way to keep the time
Hare's how to qualify
for exciting Timex
watches, clocks, etc.
one-year savings certificate. The current effective annual
,yield is 10.77% 110.228 annual rate)
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
If you have a Money Market Certificate
expiring somewhere else, bring your funds
You may have funds invested in a Money Market
Certificate elsewhere. When it matures. just collect
Invest as little as $500. Get up to $2.000 in
If you have money in money funds, you may
be better off with it here.
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
Certificates provide new and important investment
your principal and interest and bung it to us. We'll
open a tax-free All Savers Certificate for you and giye
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 they mature at 2 years. 4 years. or
8 81 8
The new American Federal Savings All Savers
If you convert other kinds of certificates, the
penalty may well be worth it.
MiN N I
You can get up to $2000
in tax-free interest—and a
special gift—when you
invest in an American
Federal Savings All