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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Jan. 2, 1963)
I 10 A WEDNESDAY. JANUARY 2. 1963 MEDFORD MAIL TRIBUNE. MEDFORD, OREGON Congratulations! )(.' I We Join with the entire community in con a rat ing Ralph and Harold Cake and their associate-! upon the opening of the fine new Medford homo of Equitable Savings & Loan Association, in the Medford Shopping Cen ter. W wish them sue-cess! fff :J. J M k " ' ' - I ill- lS !NaP ri i ; WeAreGladTo Kill ..f - s; ; ' ' T1 ji l I Announce A Ml 1 '' ' ,' "' 7. I ,S H KT -'I ,-nlf Jtf li M wv: ..... - , , ) . . .:. -asp l e I -i lft V ,- i - l (t Mi ANNUM XWlH .J l" ' DIVIDEND ' fe4. fpS Jj? ' & s fl FOR THE PAST HALF YEAR, ' ' S ' J' SJY J tT PAYABLE TO INVESTORS XJ,'4 . , -,5V fVs IN IT. AH DECEMBER 31st, 1962 v ';l ..,,., it-Zfr'' V I I I D I I I MW&h Kf" ' :V'- f A fw- I FIR ST f k V f"eh (( '" 'J S: WW i savings rK I AJ k PARKING HorbGmy John Ni.d.rm.r ' . Robert Kyle t'' t ! ; jip4VikV fj 5Pj Prolidont-Director L Vlco Proiidont-Diroctor Excurivo Vice Prciident, V. -r 1B;!" MwlllAJ ? 1WM feh Ljf Liffiy kML mvv SB X. "A m m Jr.", . j' Harry C. Skyrman H y& JJpi Director-Attorney B llf For Making 1962 Our Biggest Year! KfW rfWWft- Mvm ! mill mi nilliiMMIlMlliiiii P3 M V M n VQ FJ i V ' tVJ and LOAN ASSOCIATION of MEDFORD During the past twelve months. First Federal has GROWN MORE THAN A MILLION AND A HALF DOLLARS ... the biggest year's growth in our history. In less than five years, this institution has MORE THAN DOUBLED IN SIZEI More and more folks throughout this area are joining the steadily growing family of First Federal investors and are receiving consist ently high returns on their safe, insured investment and savings accounts. To them we are pleased to announce a DIVIDEND OF 4 PER ANNUM FOR THE PAST HALF-YEAR. These people who save at First Federal have the satisfaction of knowing that their dollars Invested here are helping to build their own communities, here in the Rogue River Valley. To keep pace with the growth of this institution and southern Oregon, First Federal opened a modern new building at Sixth and Grape Streets in Medford, enabling us to serve home builders and buyers and our investors better than ever. The latch-string is al ways out here for those who w:-,h to become home owners, those who wish to safely invest their savings, and to those who might just wish to drop in to meet First Federal's friendly staff and see our handsome new home. John Myert Officer Bernard L. Nutting Director ' .1 " --K ft. 'V . M ", W This schedule shows how REGULAR WEEKLY SAVINGS can build up with compounded earnings at First Fed eral's current rate of 4 per annum. Mary Jane Myers Treasurer Jcraldyn Jerome Cashier Complete Protection! Accounts at home owned and managed First Federal are IN SURED AGAINST ANY LOSS OF ANY KIND UP TO $10,000.00 through the Federal Savings & loan Insurance Corporation, an agency of the United States Government. Since 1934, when Congress established this Corporation, NO ONE HAS LOST A PENNY in insured savings accounts in any of America s F.S.I. re insured Savings and loan Associations. Where you save DOES make a differencel Sound, progressive business policies and management, along with this security and ready availability of funds, makes systematic savings at First Federal a wise step to ward financial security. lis ' 3- s " 2 GR0W Weekly Weakly Weekly Weekly Weekly Weekly 6 mot. 26.26 52.50 78.76 131.26 262.54 525.06 1 yr. 53.05 106.05 159.10 265.15 530.33 1060.62 2yrt. 108.23 216.38 324.62 541.00 1082.09 2164.09 3 yr. 165.65 331.18 496.83 828.00 1656.13 3312.14 4yr. 225.39 450.61 675.99 1126.60 2253.37 4506.57 5 yn. 287.54 574.86 862.40 1437.26 2874.74 5749.26 lOyrs. 638.05 1275.61 1913.66 3189.27 6379.03 ; 12757.58 15 yr. 1065.32 2129.82 3195.14 5324.97 10650.74 21300.68 20 yr. 1586.16 3171.10 4757.26 7928.36 15857.94 131714.67 STATEMENT OF CONDITION December 31, 1962 ASSETS First Mortgage Loans $6,983,083.36 Loans on Savings Account 22,799.05 Real Estate Owned 97,521.53 Investment Securities 450,200.00 Cash on Hand and in Banks 354,392.09 Office Building and Land 207,236.23 Furniture, Fixtures and Equipment, less depreciation 17,228.50 Deferred Charges and Other Assets 58,669.56 Total Assets Savings Accounts ..$8,191,130.32 LIABILITIES Advances from Federal Home Loan Bank loans in Process Other liabilities Specific Reserves .'. General Reserves $501,806.94 ..$6,539,511.96 820,000.00 . 277,013.77 33,770.18 2,467.68 Undivided Profits Total liabilities 16,559.79 518,366.73 $8,191,130.32 QNxm It is surprising, isn't it, how the habit of regular savings pays off? Why not begin NOW to save for a future home ... a rainy day ... for security and retirement. Its easy to start an account at First Federal . . . add to it whenever you wish ... by mail if you prefer. Just a reminder: Investment made by the tenth of the month earns as of the first. and LOAN ASSOCIATION of MEDFORD 201 W. 6th Street, Medford, Oregon Robert F. Kyle, Manager n . . . uy man it you prerer. just a reminaer: investment made eMlTMBBLfS r-r- ,..,.,. j. , , ... . ... ..-v lan.ji w ...v . J
