The sun. [volume] (Newberry, S.C.) 1937-1972, February 05, 1970, Image 3
The Newberry Sun, Newberry, S. C.. Thursday, February 5, 1970—PAGE 3
SPECIAL BULLETIN
TO MEMBERS
In keeping with our policy to pay the highest rate on savings to our customers con
sistent with good business practices and a high reserve position, we wish to an
nounce the following interest rates on savings effective immediately:
1. 51-4% ON 90 DAY NOTICE PASSBOOK ACCOUNTS, MINIMUM $1,000.00.
2. 5'/2% ON 1 YEAR CERTIFICATES WITH MINIMUMS OF $5,000 AND 90 DAY PEN
ALTY.
3. 5 3-4% ON 1 YEAR CERTIFICATES WITH MINIMUMS OF $10,000 AND 90 DAY
PENALTY.
4. 6% ON 2 YEAR CERTIFICATES WITH MINIMUMS OF $20,000.
5. 7>/2% ON 2 YEAR CERTIFICATES OF $100,000 OR MORE.
Effective April 1st, 1970, ire nil I pay 4%% on passbook
accounts, compounded quarterly
Your savings are now Insured to $20,000 by Federal Savings A- Loan
Insurance Corporation, W ashington, I). C.
MORE THAN EVER BEFORE-WHERE YOU SAVE DOES MAKE A
DIFFERENCE
' * i
avijvgs and Loan Asso gtatjon
SAVINGS INSTITUTION FOUND E'
DIRECTORS
John F. Clarkson J. K. Willingham E. H. Purcell
W. C. Huffman A. E. Morehead
P. M. DeLoache, Saluda, S. C. Robert W. Owen, Batesburg, S. C.