ANCHOR SAVINGS HAS TWO ' HIGH INTEREST PLANS FOR YOU I"

■ Howard J. Lynde, Jr.

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1. Get over $400 interest up fronta 21.00%* yield! 2. Get $2,000 tax-free* * interest starting October)

1 Here's how: From now until October 1, Anchor Savings investment certificate yields 21 00% * interest pe,r year on investments of $1,000.00 to $99,000.00. Anchor's 21.00% investment certificate is discounted! This means you will get all of your interest "up front,” at the time you invest. EXAMPLE: If you inve^ $20,000.00 tomorrow (bring your certified or bank check), Anchor will hand you the < interest it generates-that Is $411.25. Pocket the money or reinvest it with us. The 21 00% investment certificate represents interest in a pool of U.S. Government obligations or guaranteed securities. They are redeemed 09 October 1, 1981, but you have received the interest "up front." Since these investmehj certificates are not deposits, FSLIC insurance does not apply to them. 2 On October 1, Anchor Sayings will automatically transfer your 21.00% investment to our new one-year TAX FREE Savings Certificate. What a break for the depositor this TAX-FREE Savings Certificate is- and it is insured by FSLIC.

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Persons filing joint returns will get up to $2,000.00 of interest free of Federal taxes. Persons filing individual returns will get up to $1,000.00 tax-free. This remarkable

benefit plus the highest interest rate allowed. On October 1,

the rate will beft)% of the One-Year Treasury Bill Rate.

■* . For example, should the tax-free rate be 10 5%, the taxable

Equivalent yield is 18 42.% for persons having a marginal tax rate of 43%. This yield increases to 21 % for people in the 50% bracket.\And the rate will lock-in (of one year- what volatile money market fund can match that? There is no paper work involved when you convert to the Tax-Free Savings Certificate at Anchor Savings. You do not have to come in Nothing further for you to do (You may of course choose not to convert tq a Ta,:-Free Savings

Certificate.)

For more information about both investments, call Anchor Savings at: (609) 927-8111 or stop by in person at any of the 6 Anchor offices in ATLANTIC CITY, BRIGANTINE, LINWOOD, NORTH CAPE MAY, VENTNOR or our main office in SOMERS POINT. Thank you.

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*TTiis dnhtulized yield is based on a 19.25% simple interest rate for 39 days, i e for 9 359 compounding periods If periods less than ?9 days are used, yields slightly higher than 21.00% will result This offer may be withdrawn at any tirhe. ••Exempt from Federal taxes.

CAPC MAY COUNJYMAGAZINE 9