ftWay; $1ana44 3311 IRE DETROIT; JEWISH NEWS In 8,760 hours, you can have a lot more money. 1 1111 11 11 11' And'well even give you away to count the hours. 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 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 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. 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 Invest as little as $500. Get up to $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% 410.228 annual rate) continuously compounded. Ypu 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. If you have a Money Market Certificate with Ainerican 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. you a free Timex-Plus clock or watch. If you have money in money funds, you may be better off with it here. 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. The new American Federal Savings All Savers Certificates provide new and important investment opportunities for many savers. And if you open an Ail 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 (sge chart below). Convert your 26-week Money Market Certificate with no penalty. your principal and interest and bring it to us. Well open a tax-free All Savers Certificate for you and give 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 whatever intervals, it may pay you to invest those funds in a new All Savers Certificate. You will pay a • Fedeial reguLanon requves substantral MUNK! penalty for early wandrawaf and loss al tan exemplum ft* earl, wthdrawal • cc pledgmg of any porton of the cemlIcates m co/lateral 611141.11• FSLIC ..11. On....• “,11117 IWO Federal regulabons pxmo only one free gift per account. Any can Federal Savtngs reserves the nght Irma the numb, of OS per rustorner Off, es good through December IS 1981. or whale supply Pests Clocks and watches or warranted agamst defects m manufacture by the manufacturer na Asrumcan Federal Sasvuis Som, no mad ord.:, GIFT SELECTION CHART Here's how to qualify for exciting Timex watches, clocks, etc. 1. Timex Alarm Clock 2. Timex 241.1our Tinier 3.Timex Alarm Clock Timex Wall Clock -- "ir. - 5. Timex Wall Clock 6. Timex Mini Alarm 7.Citizens Quartz Alarm( 8. Citizens Quartz Alarm 9. Timex Ladies Sport la Timex LadieS'Duartz 11. Timex Ladies' LC.13. 12 Timex Men's Quartz .-13. Timex Men's Quartz 14. Men's LCD. With a deposit to an All Savers Certitcate 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 To 5999 FREE S1,000 To $4.999 FREE FREE FREE FREE S 8.00 $ 5.00 $10.00 $13.00 $17.00 $20.00 517.00 S20.00 519.00 5221:0 519.00 52200 519.00 522.00 $19.00 $22.00 $19.00 $19.00 SZ2.00 FREE 5 4.00 S 6.00 55.000 To $9,999 FREE FREE' FREE FREE FREE FREE S 7.00 S 7.00 $12.00 $1200 S12.03 $12.00 51200 $12.00 010.000 To $14,999 FREE FREE FREE FREE FREE FREE FREE FREE ---4 S 7.00' S 7.00 S 7.00 S _ 7.00 S 7.00 S 7.00 The All Savers Certificate and Timex-plus at - American federal savings Southfield • Birmingham-Bloomfield • Clawson • Detroit • Fag 0..irrou • Farmington Farmington I-fills • Oak Park • Warren Sterling Heights 515.000 Or More FREE FREE FREE FREE FREE FREE FREE FREE FREE FREE FREE FREE FREE FREE With each additional deposit of 5100.00. you pay Doty. $ 7.00 S 2.03 S 8.00 $1000 $12.00 $17.00 522.00 SMOO $24.00 $24.00 $24.00 $2400 $24.00 $24.00