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Interest earned every day.. by every dollar you save!
Yes, with INSTANT INTEREST, your savings at First Union National now earn more! More,
too, than at any bank not offering interest under this plan. New INSTANT INTEREST is de
signed to make your dollars work harder — all the time — for whatever length of time they are
deposited with us! Here’s what it means to you, a saver: 1
Deposits Start Earning INSTANTLY!
There ai;e no idle dollars in your First Union National Sav
ings Account — no dollars waiting until the next interest
period to begin earning for you. A deposit starts earning
instantly — the day you make it — because First Union
National figures interest every day on every dollar of your
balance.
It’s maximum interest, too; the highest rate allowed by law
for insured banks — 3% per annum compounded every three
months on accounts containing $5 or more.
And here’s a bonus for present First Union National savers
— INSTANT INTEREST is retroactive to April 1, so you’re
already participating!
Bonus Period EVERY MONTH
Now, deposits made by the tenth of any month earn interest
from the first of that month ... so you have plenty of time
to save each month with no lost interest! Actually, this
means 30 days of grace out of every three-month interest
period.
And, if you make a withdrawal during the last three days
of a quarterly interest period, you still earn interest to the
end of the quarter on the full balance — just as if all your
savings had remained in the bank!
Interest Paid On Any WITHDRAWALS
There is no loss of interest already earned on money you
withdraw! Reason? INSTANT INTEREST is figured daily,
at a daily rate. Every dollar carried in your savings account
at any time during the quarterly period will earn its full
share of guaranteed interest — provided, of course, that your
account remains open to the end of the three-month period
(or 3 days prior). <
Interest PAID Every 3 Months
At First Union National, all the interest earned during the
previous period will be added to your account at the begin
ning of each new quarterly interest period. First Union
National's new INSTANT INTEREST means that it is pos
sible for your savings to earn several times os much as ift
banks not offering INSTANT INTEREST.
Your money is safe, too, at First Union National — each ac
count is insured by the Federal Deposit Insurance Corpora
tion.
f TeZZ..
*na look at Tom r . ke an e*
»»e interest period- **'s accou"'
H°? ' «•’
'* dePo$if$ were $700
°n April JO
on April 28 ~~.$50
on May JO $25
on May 30.$50
0n June 10 ~~ $50
He withdrew oil but $75 from’ l-.$25
h * 0CC0U"» on june 28.
°",U'y ’’ * Union
N»*‘onal, his mongy
Would««" $6.79 k
'nsIant interkt00' offering
h,s money wouJd ’
earn 57c. jk.
EXTRA BONUS FOR SAVERS ...
ONLY AT FIRST UNION NATIONAL!
Not only do you get oil the PLUS benefits of INSTANT
INTEREST, but you olso hove the privilege of collecting
a complete service of quality silverware at a fraction
of the regular value — in First Union National s Sil
ver Savings Club. Your first place setting is FREE with
a $25 savings deposit. If you haven't already begun
your silverware service, ask your teller for complete de
tails on the Silver Savings Club!
T
Yes, now with INSTANT INTEREST, it pays
... more and more, every day in every way . . .
to save regularly at
FIRST UNION
NATIONAL BANK
OF NORTH CAROLINA
MEMIER FFDIRAL DEPOSIT INSURANCE CORPORATION • MEMIER FEDERAL RESERVE SYSTEM