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About La Grande evening observer. (La Grande, Or.) 1904-1959 | View Entire Issue (April 20, 1959)
K Observer, La Grande, Ore., Mon., April 20, 1959 ' Pag 2 r; I ' lpj Write your oifjfi loan i if h 0.8. fJational's fefe Voti cnn enjoy the equivalent of money in the bank without ilejiositiug a jicimy! V. S. Nation revolutionary CUSTOM CREDIT gives you a personal line of credit at the bank that you may draw upon whenever you wish . . . simply by writing a check. The total amount of )our CUSTOM CREDIT may be $(((, $600, $800, $1000-u;y amount agreed upon by you and the bank. CUS TOM CREDIT costs you nothing unless you use it. Then you repay only the amount used, plus interest, in easy monthly installments. ' Custom Credit buys anything! Custom Credit is yours to spend for any purpose ... any time! Think of the convenience of paying for vacations, tuition, taxes, dental and medical expenses, auto repairs to name just a few without digging into your hard-earned savings. If yon don't use your line of Custom Credit, it costs you nuthing-yct it's always there if you need it. ' Here's how it works Your line of Custom Credit is easy to arrange. You ami the hank simply agree upon the amount that you can conveniently repay each mouth, uer a 20 month period. The total amount of your Custom Credit is then based upon 20 times the agreed-upon monthly repayment (example: monthly repayment of $0, time's 20 $600 of Custom Credit). You can start using your Custom Credit the moment your application is approved. You pay nothing until you draw upon yout line of Custom Credit by writing one or more checks. Then you pay only the monthly amount agreed upon, which will include the interest charge plus 25c for each check paid. Monthly interest is charged on only the amount used at SI. 25 per hundred dollars for the first $500, and 83'j cents per hundred dollars for amounts above that. When the amount used is less than your monthly installment, you pay only that amount, plus interest. If you write no Custom Credit checks in any month, and have no balance due, you do not make a pay ment. You need never pay more than your agreed-upon monthly installment, even though you may write checks for your entire line of credit. You may make larger payments than arranged for, or repay the entire amount owing, without penally. A revolving line of credit! You constantly rebuild your Custom Credit by making agreed-upon monthly payments. You do not have to repay the full amount used in order to write additional checks. As long as payments arc kept up, you arc entitled to spend the difference between what you owe and your total line of Custom Credit. Checking account convenience U. S. National's Custom Credit combines a continuing supply of bank credit with the convenience of a checking an mint. W'lu'n your line of credit is estab lished, you l ill be given a free supply of checks w hich carry all the negotiability of regular checking account checks. Custom Cadi! is as confidential as it is convenient. You get a monthly statement You select the monthly payment date most convenient for you. Approximately 10 dnys before a payment is due, the bank will mail you a detailed statement showing the payment due, interest charge, amounts of checks paid, any payments mtidc and the amount of Custom Credit still available for your use. Your family is protected Life insurance is carried on the amount of Custom Credit you owe the bank, at no cost to you. In the event of death, any amount owing is automatically cancelled by the bank. Anyone may apply You do not have to be a U. S. National customer to establish a line of Custom Credit. The only requirement is a satisfactory credit rating. You make only out application, because Custom Credit is a revolving line of bank credit which may' be used indefinitely. Your total line of Custom Credit is based upon the monthly amount you arrange ';, to repay the bank, user a 20-monih period. Use the four examples in the tablt below as a guide. LA GRANDE BRANCH DIRtCT BRANCH OF THE UNITED STATtS NATIONAL BANK OF PORTLAND Adams at Depot Open to g IZ. Sd;v, DowC uJcut. . .act, loctat f A monthly payment of Piovidcs lolol Cuilsiti Ctcdi'l of HO 130 $40 $50 $400 $600 $100 $1000 The U. S. National Bank of Portland Ploase sond mo a Custom Credit application foim. NAME- Clip coupon and mail to the V. S. National branch where you bank, or to the U. S. National Banking office most convenient to you. ADDRESS- CITY. 7ME UNITED STATES NATIONAL BANK of Portland i I I STATE- L-. -ZONE. J .