Medford mail tribune. (Medford, Or.) 1909-1989, January 02, 1963, Image 10

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WEDNESDAY. JANUARY 2. 1963
MEDFORD MAIL TRIBUNE. MEDFORD, OREGON
Congratulations!
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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!
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Announce A Ml 1 '' ' ,' "' 7. I ,S H KT -'I ,-nlf Jtf li
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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
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Kf" ' :V'- f A fw- I FIR ST f
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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 ?
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SB X. "A m m Jr.", . j'
Harry C. Skyrman H y& JJpi
Director-Attorney B llf
For Making 1962 Our
Biggest Year!
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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
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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 .
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