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June 20, 1997 - Image 28

Resource type:
Text
Publication:
The Detroit Jewish News, 1997-06-20

Disclaimer: Computer generated plain text may have errors. Read more about this.

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Checking and savings accounts
that bring out the animal in you.

That's a first.

We're not all barking up the same tree when it comes to how we save our money.

So at First of America Bank, we go that extra step to create the right account for you.

Savings

First of America Connections Savings
rewards you — and even pays you more
for being a loyal customer.

Cash Management Checking
works through the night to earn you
a higher interest rate.

The FirstRate Fund helps you store
your savings and gives you access to it —
Winter, Spring, Summer and Fall.

This account gives you high-rate savings when
you have at least one other account with us.
If you have a Connections Savings account,
well give you this bonus rate when you make an
additional $ I ,000 deposit and bring in a copy
of this ad. If you're not a First of America
Connections customer, call to become one today.

Every night, this special checking account rewards
the portion of your balance over $5,000 with a
higher interest rate tied to the Fed Fund Rate.
If you have a Cash Management Checking account,
we'll give you a bonus rate* when you make an
additional $5,000 deposit and bring in a copy of
this ad. Plus, you'll enjoy unlimited check writing
and your account will be FDIC insured.

The high rates are tied to the 13-weekTreasury Bill.
With a minimum balance of $10,000, you could
earn an APY of 5.15%. If you have a FirstRate Fund,
bring in a copy of this ad and make an additional
$5,000 deposit. If your new balance is $10,000
or more, you'll also earn this bonus rate.

Annual Percentage Yields (APYs) and interest rates are accurate as of 4/20/97 and are subject to change without notice after account opening. *For Cash Management•Checking, the interest rate for the portion of the balance above $5,000 is tied to the weekly average
Federal Funds Rate less not more than 1 %, which as of 4/20/97 is 5.48%. The portion of the balance $5,000 and below earns an interest rate determined by the bank, which as of 4/20/97 is 1.25%. The APY ranges from 1.26% to 5.40% on $100,000. The APY fo r FirstRate
Fund balances of $10,000 or more is tied to the 13-Week Treasury Bill rate. The APY for balances below $10,000 is determined by the bank and is currently being set equal to 1.13%. Fees may reduce eamings on these accounts. Offer is available to individuals of
First of America Bank only. Member FDIC. Equal Housing Lender. Q For individuals with a TDD device, service is available from 9 a.m. - 5 p.m., M-F at 1-800-289-4614. S. ©1997 First of America Bank Corporation.

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