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Show Page 4f THE HERALD, Provo, Utah, Wednesday. September 2, 1981 k. tV W Mm Six u ' CI W V 6, w Vj, vy V S Vn r mm W . ymmj raw mm BLTiTQQAb BIT 2 Tax Exempt interest Beginning October 1st, the new tax bill allows you to keep the interest you earn on this new certificate tax free! You may exempt up to $2,000 on a joint return ($1,000 on an individual return). The term of this new certificate is only twelve months and, naturally, each depositor is insured up to $100,000 by the Federal Deposit insurance Corporation. (F.D.l.C.-- an agency of the U.S. -- :B Government) FAMILY TAXABLE INCOME YOUR TOP PROBABLY T AX BRACKET I! : " $20,000 $30,000 $40,000 $50,000 24 - THE INTEREST RATE YOU'D HAVE TO RECEIVE TO NET 11.62 AFTER FEDERAL INCOME TAX ' 15.29 17.09 20.39 22.78 32 43 49 111 A Bonus for 25 Figures above are approximate ana are based oi i October, 1981 tax tables. The interest rate on your Tax Exempt Certificate is equal to 70 of the average ; investment yield on one year U.S. Treasury Bills, at the calculated for the time of certificate purchase. The above chart is b ased on an interest yield of 1 1 .62 most recent auction date. YOU October 1st, Commercial Security Bank will pay you a whopping 25 (Annua! Rate) interest on your money when you reserve your new Tax Exempt Certificate. You may reserve your certificate with a minimum amount of only $500. There is no ceiling on this certificate and you are welcome to invest as much as you like. Until Your interim amount, earning 25 from Comn lercial Security Bank, is not a savings deposit insured by F.D.I.C., but is backed by the bank and a portfolio of U.S. Government and Federal Agency Securities, if you elect not to transfer your interim amount in t:o the Tax Exempt Certificate, you will forfeit the interest earned on this interim amount There is a substan tial penalty and loss of tax exemption for early withdrawal from the Tax Exempt Certificate. the There are 27 offices of commercial Security Bank located to conveniently serve you. Call ' these numbers for the office closest to you and more infoi mation about CSB's Tax Exempt Certificate and our 25 interest repurchase agreement. Net Yields are Higher Our new Tax Exempt Certificate provides higher net interest yields than other Federally insured certificates because the interest is tax free. Salt Lake & Bountiful 535-100-0 Ogden 621-113- 0 Provo Price Helper Green River 225-409-0 637-511- 1 472-558- 4 564-348- Logan Tooele Crantsvllle wendover 753-500- 0 882-650- 6 884-346- 1 665-228- & Orem 6 3 111 Member FDIC tCommprcKi Swum. B.irn vw |