The sun. [volume] (Newberry, S.C.) 1937-1972, January 25, 1968, Image 3
The Newberry Sun, Newberry, S.C., Thursday, Jan. 25, 1968—PAGE
We Are Pleased To Present
Our Annual Report
For 1967
INCREASE 1967
TOTAL
ASSETS
$1,966,299.70
$27,783,878.08
SAVINGS
1,718,303.61
24,022,784.06
MORTGAGE LOANS (NET)—
1,839,880.91
24,437,365.19
RESERVES
167,174.47
2,276,117.46
This Association paid $1,005,818.33 in Dividends to its 10,718 Investors during the year
1967 at a current rate of 4 l /2% per annum, compounded semi-annually.
Savings are automatically Insured to $15,000.00 by the Federal Savings and Loan Insur
ance Corporation, Washington, D. C.
The Association granted loans in the amount of $3,935, 956.34 during 1967, and had a net
increase shown above of $1,839,880.91. The net increase is less the amount received by the
Association as payments on loans by borrowers, same being $2,096,075.43.
Your loyalty and support has made this one of the largest and strongest Associations
in South Carolina.
avjjvgs and Loan Association
SAVINGS INSTITUTION FOUNDED 1935
MEMBER
U. S. Savings and Loan League Federal Home Loan Bank System
S. C. Savings and Loan League Savings and Loan Foundation
Federal Savings & Loan Insurance Corp.