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Newspaper
Payson Roundup
Location
Payson, Arizona, United States of America
Date
Apr 10, 1975
Page
3
A sales pitch touts a six year certificate with a $1,000 minimum and guaranteed insured safety. Daily compounding claims 7.9% nominal rate rising to 8.06% yield and an example showing growth to about 1,592 after maturity. The ad asserts full insurance up to 40,000 by a federal agency.
Arizona’s largest savings and loan association, with 38 offices and over a billion dollars in assets, touts steady growth achieved by serving each customer individually.
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