Friday, !leveller 13, 1981 3 THE DETROIT JEWISH NEWS In 8,760 hours, you can have a lot more money. . , • MI11111111 *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. FSLIC ■•■ 1111110 51,000 To $4,999 $5,000 To $9,999 510.000 To 514.999 $15,000 Or More Southfield • Birmingham-Bloomfield • Clawson • Detroit • East Detroit • Farrnmgton- Farmington Hills • Oak Park • Warren-Sterlmg Heights w. W. The All Savers Certificate and Timex-plus at american federal savings 2. 512.00 $12.00 U. It $19.00 519.00 L 513.00 520.00 520.00 522.013 522.00 522.00 522.00 522.00 52200 LL 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 by b y the manufacturer. not by Amencan Federal Snags Sons. no mall olden 5500 To $999 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. cc u. ea... Li... I.... -- L 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: 8 - 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 L 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 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 .free. 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 $100.(XX) 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 Invest as little as $500. Get up to $2.000 in tax-free interest. 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 tax consultant. L 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 . i bp p 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 With each additional deposit of $100.00, oniu PaY Yo