Newspapers / The Fieldcrest Mill Whistle … / Aug. 14, 1961, edition 1 / Page 8
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Weekly Savings Grow Rapidly In Fieldcrest Mills Credit Union How Your Credit Union Savings Will Grow The figures below include the Credit Union’s usual 4% annual dividend on savings, with the earnings added to the member’s account and com pounded twice each year. How Savings Grow $1 Weekly $2 Weekly $3 Weekly $5 Weekly $10 Weekly $20 Weekly 1 yr. 53.05 106.05 159.10 265.15 530.33 1060.62 2 yrs. 108.23 216.38 324.62 541.00 1082.09 2164.09 3 yrs. 165.65 331.18 496.83 828.00 1656.13 3312.14 4 yrs. 225.39 450.61 675.99 1126.60 2253.37 4506.57 5 yrs. 287.54 574.86 862.40 1437.26 2874.74 5749.26 10 yrs. 638.05 1275.61 1913.66 3189.27 6379.03 12757.58 15 yrs. 1065.32 2129.82 3195.14 5324.97 10650.74 21300.68 20 yrs. 1586.16 3171.10 4757.26 7928.36 15857.94 31714.67 D. A. Purcell, Jr., Wins Air Force ROTC Award Number Of Savers Increases; Others Step Up Amount Of Weekly Savings Since the Fieldcrest Mills Credit Union was organized three years ago approximately 2500 employees in the mills in Spray, Draper and Leaksville have joined. There has been a substantial increase in membership in the past several weeks, as more employees joined the Credit Union to save for school ex penses, winter fuel bills and for Christ mas. In addition to the new savers, other members who already were setting aside part of their paycheck have increased the amount of their weekly savings. How about you? Have you considered increasing the amount you are now sav ing in the Credit Union through payroll deductions? Whatever amount you are saving now, you probably could double it and get along just as well. Money saved before you get it, usually is never missed. And with the Credit Union’s four per cent dividends your nest egg keeps growing all the time. Whether you’re saving for the chil dren’s education, for something to fall back on in a family emergency, or for the down payment on that new car or home, the Credit Union offers you a convenient, systematic way to save out of income. Why not see your Credit Union repre sentative and step up your weekly sav ings? You’ll be pleasantly surprised at how fast your savings will grow. If you are not a member of the Credit Union, and you work in any of the Fieldcrest plants or offices in the Tri- Cities, the Credit Union cordially invites you to join. You may join simply by paying a 25c fee and signing a card authorizing the Company to deduct a specified amount from each paycheck. From then on, your saving is automatic—and easy! School Offers New Textile Curriculum (Continued from page one) machine shop and industrial statistics. Textile subjects will be yams and fibers, fabrics and design, machinery (preparation), machinery (weaving), finishing and dyeing, quality control and testing, and instrumentation. Mathematics is a prerequisite for physics, chemistry, and industrial sta tistics. Mathematics, physics, and chem istry are prerequisites for all textile subjects. Applicants must be between the ages of 18 and 40 years and should be em ployed in the textile industry. They must be high school graduates, ranking in the upper one half of the class and must possess the maturity of a high school graduate as demonstrated through standardized tests and personal inter views with the counselor-coordinator. 8 Cadet David A. Purcell, Jr., an Air Force ROTC student at North Carolina State College, has received the Com mandant’s Award at Otis AFB, Massa chusetts, as the outstanding cadet. He is a son of Mr. and Mrs. D. A. Purcell, of Fieldale, Va. His father is manager of the Fieldcrest Towel Mill. Cadet Purcell, a junior at North Caro lina State College, was named the most outstanding cadet at the Air Force ROTC Summer Training Unit during the month ending July 15. He won the award in competition with 190 other ROTC cadets. He made the Dean’s list at State in both his freshman and sophomore years. As a freshman he was a member of the Pershing Rifles Drill Team, and as a sophomore belonged to the Marching Since the program is geared to the job opportunities available, the applicant should be recommended by his em ployer. A student must make formal applica tion by completing the regular “Appli cation Form” and submitting it and an official high school transcript of credits. Applications will be accepted between now and August 31. Classes will meet for two hours one evening each week for 12 weeks. Ap plicants may obtain additional details concerning the curriculum, entrance re quirements, costs, class schedules, etc. by contacting Mr. Rahn or Bill Arm- field, counselor-coordinator at the In dustrial Education Center, telephone MAin 3-3317. Cadets Drill Team. As a junior, he was a flight command er in the Air Force ROTC and received the Reserve Officers’ Association Award' During his senior year he will be wii^ commander (or cadet colonel) in the Ai^ Force ROTC. He is majoring in nuclear engineering- He is a member of Sigma Nu socia* fraternity, and served as treasurer duf' ing his sophomore and junior years. He is married to the former Mi®® Barbara Adams, of Fieldale. They toeir home at 2615 Avents Ferry Roadi in Raleigh. CADET D. A. PURCELL, JR. the mill WHISTL®
The Fieldcrest Mill Whistle (Spray, N.C.)
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Aug. 14, 1961, edition 1
8
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