The sun. [volume] (Newberry, S.C.) 1937-1972, January 21, 1971, Image 7
The Newberry Sun, Newberry, S. C., Thursday, January 21,1971—PAGE 7
Member Federal Reserve System/Insured by F D IC
Let’s say you go to the top four banks in South
Carolina and ask about one of their top savings plans.
Bank A will sell you a 5 3/4% Certificate of Deposit
for $1000. And you can add to it any time you want to.
As long as you have another $1000.
Bank B doesn’t have a 5 3/4% plan.
Bank C will sell you a 5 3/4% Certificate of Deposit
for $500. And whenever you get
$500 more, you can get one more
Certificate of Deposit.
Then there’s SCN’s 5 3/4% savings
book plan. It matures in two years.
You can open it with a minimum of $100.
You can keep a minimum balance of $100.
You can add any amount at any time.
And each quarter you receive an
itemized statement showing exactly
where you stand with your money.
So even if deciding whether or not
to start a savings plan can be a pretty
• big decision, one thing’s for sure.
Deciding where to start one isn’t.
South Carofina National
Where it doesn't take a fortune to start one
TERMS
5 3 4%
'
Initial Deposit
i 1.000
Minimum Balance
i 1.000
BANK “A”
Additional Deposits
New
certificate
needed
Withdrawal Notice
Not
applicable
Maturity
2 years
Compounded
Quarterly
BANK "B"
Initial Deposit
This plan
not
available
Minimum Balance
Additional Deposits
Withdrawal Notice
Maturity
Compounded
BANK “<T
Initial Deposit
S500
Minimum Balance
$500
Additional Deposits
New
certificate
needed
W ithdrawal Notice
Not
applicable'
Matunty
2 years
Compounded
Quarterly
►
SCN
Initial Deposit
$100
Minimum Balance
$100
Additional Deposits
Any
amount
Withdrawal Notice
First 10
days of
quarter
after two
years.
Maturity
2 yean
Compounded
Quarterly