THE DETROIT, JEWISH lIqyS Friday, Noyember 20, 4981 5 the In 8,760 hours, you can have a lot more money. - , cy In I1111 111 1111 •rinCti 1, 1.1 61, 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 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, 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 tax consultant. 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 tp $2,000 in tax-free interest. 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 FSLIC St19 000 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 $100.000. 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: $500 To $999 FREE 1. Timex Alarm Clock . FREE Ti 2. Timex 24 Hour Timer 5 4.00 3. Timex Alarm Clock S 6.00 4. Timex Wall Clock 5 SOO 5. Timex Wall Clock $13.00 6. Timex Mini Alarm 7. Citizens Quartz Alamil- 520.00 520.00 8. Citizens Quartz Alarm Tinier Ladles' Sport $22.00- 9. $22.00 10. Timex Ladies' Quartz $22.00 11. Timex Ladies' LCD. S2200 12 Timex Men's Quartz $22.00 13. Timex Men's Quartz S2200 14. Timex Men's LCD. $1,000 To $4.999 FREE FREE FREE FREE S 5.00 $10.00 $17.00 $17.00 $19.00 $19.00 $19.00 $19.00 $19.00 $19.00 55.000 000 To $9.999 FREE FREE FREE FREE FREE FREE - S 7.00 S 7.00 ;1200 $12.00 51203 $12.00 $12.00 $12.00 510,000 To $14,999 FR EE FREE FREE FREE FREE FREE FREE $ 7.00 S 7 . 00 S. 7.00 S 7.00 1 7.00 S 7.00 The All Savers Certificate and Timex-plus at •American 1 say Southfield • Birmingham-Bloomfield • Clawson • Detroit - • East Detroit • Farmington Farmington Hills • Oak Park • Warren-Sterling Heights $15.003 Or More FREE FREE FREE FREE FREE FREE FREE FREE FREE FREE FREE F R EE FREE FREE With each additional deposit of 5100.00. Yon WY only $ 7.00 S 7.00 S 8,00_:_. $10.00 $12.00 $17.00 52203 $22.08- $24.00 $24.00 $24.00 124.00 $24.00 $24.00