THE DETROIT, JEWISH lIqyS
Friday, Noyember 20, 4981 5
In 8,760 hours, you can have
a lot more money.
- , cy
I1111 111 1111
Andrwell even give you
away to count the hours.
You can get up to $2000
in tax free interest-and a
special gift-when you
invest in an American
Federal Savings All
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, well 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.
You may beholding certificates other than the
26-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 biA any American FederaPSavings
office and we will be happy to explain the benefits to
you. We suggest you also discuss your plans with your
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 tp $2,000 in
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 $1,000 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 early withdrawal.
So. you'll have no' earnings lost in moving your
Federal negulabon 'equal., a subatannal
Interest penalty for eady %.,thdrew.1 . and
bas col tan enempbon for early wahcbawal
Pkdgmg anY Pomon 0, the
cershcates as collateral
Federal regulabons perma only onelte
gilt per account Arnerr.an Federal
Sanogn TPSer/e3 the nght to 11.7111 the
number of gds per customer Offer s -
good through December 18. 19111. or
.efile supply lass Clocks and reaches en
....tented agamst defects th manufacture
by the manufachaer. nd by Amerr.an
Fedensl SasIngs Sony. no road orden
money from a taxable certificate to one that's tax-free.-
Here's how to quality
for exciting Timex
watches, clocks, etc.
your principal and interest and bring it to us. We'll
opgn a tax-free All Savers Certificate for you and give
you a free Timex-Plus clock or watch.
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
mdney 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
Come see us soon. For taking the time to open an
American Federal All Savers Certificate. well give you
a way to keep the time. . .free.
GIFT SELECTION CHART
With a deposit to an All Savers Corti irate 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:
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 Alamil- 520.00
8. Citizens Quartz Alarm
10. Timex Ladies' Quartz
11. Timex Ladies' LCD.
12 Timex Men's Quartz
13. Timex Men's Quartz
14. Timex Men's LCD.
- S 7.00
S 7 . 00
The All Savers Certificate
and Timex-plus at
Southfield • Birmingham-Bloomfield • Clawson • Detroit
• East Detroit • Farmington
Farmington Hills • Oak Park • Warren-Sterling Heights
F R EE