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Butler Herald in Butler, Georgia

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Articles on This Page

This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Butler Herald

Location

Butler, Georgia, United States of America

Date

Jun 15, 1961

Page

3

Federal Savings and Loan Assocations Foster Thrift and Home Ownership

Malcolm Reese of Perry Federal Savings and Loan discusses two missions: stimulating thrift and encouraging home ownership, mandated by federal law. The associations must fund home mortgages, limit non-mortgage investments, and drive growth in home ownership through savings and loans across the United States.

Federal Savings and Loan Associations United States Malcolm Reese Perry Federal Savings and Loan Association of Perry James J. Hill Harvard William Howard Taft America Federal Savings and Loan Industry

Varied Savings Plans From Cradle To College

The United States Savings and Loan League notes 6000 savings and loan associations offer diverse accounts from newborn cradle to retirement. Options include regular savings, bonus, and investment accounts plus joint and trustee accounts. All funds insured up to 10000 by FSLIC, with dividends and security benefits emphasized.

Savings and Loan Association The United States Savings and Loan League Savings and Loan Savings and Loan Associations Federal Savings and Loan Insurance Corporation League

Present directors of Perry Federal Savings and Loan

This page features Perry Federal Savings and Loan Association directors, local businessmen who have guided policy. The story on page one notes others who have served in this role and contributed to the institution's progress.

The Perry Federal Savings and Loan Association

Perry Federal answers on savings and loans ownership and dividends

Perry Federal explains its purpose to accept savings and make loans, ownership by savers, and a four percent annual dividend. The board of directors selects the executive officer Malcolm Reese as secretary treasurer. Savings are insured up to ten thousand dollars.

Perry Federal Malcolm Reese Savings and Home Federal

Home Improvement Loans From Federal Agency

Perty Federal offers FHA Title I home improvement loans to refinance or upgrade homes even with existing mortgages. Loans up to 3500 dollars may be extended for five years at a five percent discount. Eligible improvements include painting room additions baths central air heating and more under FHA regulations.

Perty Federal Federal Housing Administration

Also Mentioned on This Page

Sr. A. Nunn J. Meade Tolleson Marion L. Brown Mayo Davis W. K. Whipple Albert Pratt G. F. Nunn
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