A Loctilly-Oumed Institution Offering The Best Return Available In This Area For Your Savings! We Have Helped More People Buy Their Own Homes Than Any Other Institution In Watauga County luur oaviiigs atc rruiecicu By Our Reserves And First Mortgage Loans ? But Each Account Is Insured Up To $10,000. Reporting Another Year of For Our ^ SHAREHOLDERS Our 41st Annual Report To Shareholders Is Delightful Evidence Of Their Accurate And Foresighted Judgment In Placing Savings Funds With Us As A Secure And Profitable Investment Assets On December 31, 1962, Are $8,931,562.77 A Net Growth of $1,111,855.23 In The Past 12 Months Our 1962 Dividend Payments Totaled $276,894.77 The Largest Dividend Payment In Our History Our Investment Program Is Sound and Safe, with a 41 Year Record Of Earnings That Stands On Its Own Merit. Let Us Tell You About It. Save With a Plan For Your Future. We Offer 4% On Your Savings. Why Take Less For Your Hard-Earned Money? We Welcome Your Savings Account.' Watauga Savings & Loan Association H. Grady Farthing, President R. C. Rivers, Jr., Vice-President James P. Marsh, Secretary. Treasurer Directors-. Walter Greene H. P. Holshouser Guy Hunt 1 Howard Mast W. M. Matheson Wayne Richardson i ' " "