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Show 4A Lakeside Review, Wednesday, Aug. 26, 1981 ' Tx Hfti , wb' grow twsWB,4ajjeen;Bii r t ' v uuuw a i v wsagje !JiiwiiegiitjMiMiy'iir'W!L!f.)ijB;uie.,aiittf!MJgiu i Ldteferfflrmft.iiinAi MulfttASr INTRODUCING OUR NEW TAX-FRE- E CERTIFICATE. . 1 1 itr tftMth iftfrirstiVinfrir tkrfdi WWIWWgwaMWW' 7 mWUL.WUJiim V iitirThiiili tHgTiTflu ITS INSURED SAFE. COMPARE THE YIELD: I Congress has just passed the President's Tax Bill. what weve been trying to do for years, offer you It tax-fre- allows us to do interest on your e savings. WHAT DOES IT DO? e The American Savings Account lets you exempt a full year of e from interest federal income tax. Up to $2,000 interest on savings a joint return ($1 ,000 on an individual return). You may purchase as certificates as you wish prior to December 31 , 1 982. many of these 1 Tax-Fre- tax-fre- SIGN UP NOW. EARN 20 TILL OCTOBER 1. can't open your e Certificate until October 1, but law against American Savings giving you a bonus for signing up early through the American Investment Plan. Come in today and well pay you 20 interest with a $1,000 minimum deposit until the law becomes effective. Participating in our American Investment Plan is simple. We give you a collateralized Repurchase Agreement that guarantees American will repurchase your investment with interest on October 1, and transfer it to Certificate. Your deposit earning 20 is not a savings deposit your Tax-Fre- e and is not insured by the FSLIC, but it is backed by a portfolio of U.S. Government or Federal Agency Securities and Americans $1.6 billion in assets. The 20 interest paid prior to October 1 is guaranteed only if the funds are transferred to the Tax-Fre- e Certificate. Funds not transferred at maturity will earn the rate offered on the regular repurchase plan during the date of purchase. By law, you theres no INSURED TO Tax-Fre- W. don't know what the rate on October 1st will be, but 1 1 62 is the rate we could pay if the account were opened today The rate is determined by taking U S Treasury 70 of the average yield on Bills Early withdrawal will result in a loss of tax one-ye- exemption For the latest interest rates on Money Market Certificates, the American Investment Plan, and the certificate, call 30-mon- th Americans RATE HOTLINE 531-561- 4 DY THE FSLIC $100,000 Certificate will be insured by the Beginning October l. your Tax-Fre- e FSLIC for up to $100,000, and backed by Americans $1.6 billion in assets. AMERICAN SAVINGS HAS WORKED LONG AND HARD FOR YOU. American Savings worked long and hard for the legislation that made accounts possible. We think theyre a real opportunity for these tax-fre- e account anywhere, you should most savers. Before you open a tax-frknow the advantages of the one being offered at your nearby branch of American Savings. ee For the American Savings Branch nearest you, CALL Salt Lake City 531-560- 0 Ogden 621-495- 0 Provo 375-260- 0 3I( tui 4 |