, lin ° e has advantage: A $50 Home Depof gift card. t4n. Endowment Funds Research At Bar-Ilan Eli A. Scherr, treasurer of the Detroit Friends of Bar-Ilan University, has established the Eli A. Scherr Scientific Research Fund. The fund will support research at Bar-Ilan University in Ramat Gan, Israel through direct support Eli Scherr of graduate students, post-doctorate students or support of a visiting scientist. It is Scherr's second at Bar-Ilan; he previously created the Eli A. Scherr Library Endowment Fund, whose annual income has been used for library text and journal acquisitions. Scherr is a member of the university's Presidential FoUnders Society. Locally, he has been on the board since 1995 and on the executive committee since 1977. He has been instru- mental in the university's Detroit Planned Giving cam- paign; in the past two years, he served as the Detroit Friends' playbill chair. Scherr is a past president of the Detroit local Jewish National Fund and a board member and since 1999 a vice president of the Jewish Association for Residential Care. He is a board member at Technion Israel Institute of Technology in Haifa. He has established endowments in all of these organizations. Locally, he has been active, either through committee work or through establishment of an endowment, with the Anti- Defamation League, Yad Ezra, the Jewish Vocational Service, Yeshiva Gedolah and on the COJES subcommittee of Federation. For information on the endowment and planned giving programs, call the Detroit office of Bar-Ilan, (248) 540-8900. Standard Federal Bank's Equity Line lets you turn big purchases into tiny payments. • One of the lowest home equity rates in town — Prime minus 1/2%* on lines of $100,000 and more • Interest-only payments • A $50 Home Depot gift card when you open with a $10,000 draw • And much more! Sign up today at your Standard Federal Banking Center or by calling us toll-free at: 1-877/732-8240 Helping You Along The Way' Standard Federal Bank Member of the ABN AMRO Group www.standardfederalbank.com C LEND 74 r Member FDIC ©2001 Standard Federal Bank `Prune is the highest Prime Rate as published in the "Money Rates" section of The Wall Street JOUrnal on the last publishing day of the calendar month immediately preceding the billing cycle. On December 29, 2000, Prime was 9.50°b. Prime is a variable rate; as it changes, the APR on your account will change. The maximum APR is 21%. A balloon payment will result at the end of the 10-year draw period. Standard Federal's home equity lines of credit are limited to owner-occupied 1-4 unit principal family residences and are subject to no less than a second lien position on your property. You must carry insurance on the property that secures this loan. Flood insurance required if necessary There is a S35 annual fee after the first year. Consult your tax advisor concerning the deductibility of interest The Home Depot is a registered trademark of Homer TLC, Inc. The Home Depot is not affiliated with Standard Federal Bank. DETROIT JEWISH NEWS 'TN wow 01? SA. LIE CANADA • USA • EUROPE • IS USA • EUROPE • ISRA EUROPE • ?SRA e ISRAEL -.§) C CO 54154SC I" 5 a WI wESErc CANADA • USA • IE UROPE •ISRAEL CANAD USA 5.. 4 0 V FO h THE SUMMER OF A LIFETIME! Active Teen Tours • Outdoor Adventures Golf & Tennis Programs FilimAlfS AT: INTERNATIONAL NEWS PLUS 372 Oullette Avenue • Windsor, Canada Call Now for a Free Brochure CELEBRATING OUR 19TH YEAR AGES 13-20 Grouped by Age 1- 800-767- 0227 Visit our website: www.westcoastconnection.com 3/23 2001 43