McHenry Public Library District Digital Archives

McHenry Plaindealer (McHenry, IL), 1 Jul 1969, p. 14

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flirib SERVICE MCHENRY STATE-PAYS MAXIMUM AMOUNT PERMITTED BY LAW Regardless of all the fancy names and gimics used, a savings account is either a PASS BOOK ACCOUNT or a CERTIFICATE OF DEPOSIT or a TIME SAVINGS ACCOUNT. Four percent is the maximum amount of interest permitted by law for a com­ mercial pass book account. Any pass book account advertising.more than four percen tis really a Certificate of Deposit or a Time Savings Account regardless of its fancy name. A Pass Book Account permitting withdrawal or deposits of any amount at any time, cannot pay more than 4% interest in accordance with Federal Reserve Bank regulations. BANK AT HOME - SHOP AT HOME MCHENRY CAN DO BETTER FOR YOU BECAUSE: ^ Stocks in McHenry stores are complete, providing for all your shopping needs. The McHenry ^ State Bank provides complete banking service with the most modern banking facilities. A portion of the sales tax you pay on goods purchased in McHenry is returned to help your community. The money ycra save in the McHenry State Bank is loaned to McHenry area businesses and individuals to help improve your community and provide work for McHenry people. £_ l,ocal businesses employ local people, your neighbors, who are interested in you and your community. / . -N "There's No Substitute State Bank Etch depositor insured totlSJDOO McHenry County's Largest - The Area's Finest Financial Institution FIDftAi OCfOSIT INSURANCE CORPORATION McHenry, IU. A FULL SERVICE .GANK, 385-1040 PASS BOOK SAVINGS OF DEPOSIT IN AMOUNTS OVER tlOOO The McHenry area businesses and the McHenry State Bank pay taxes to help support.the community and its schools.- For Money In The Bank"

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