The Huron Expositor, 1976-05-27, Page 12The Commerce Savings
Account.
i" Retirement Savings
SMART Deposit Plan,
rAN Home Ownership
SITIART Savings Plan.
Commerce Term
Deposits.
You can make withdraWals but
there are no chequing privileges.
The-8% interest your money earns
on the minimum monthly balance
makes itall very worthwhile.
The interest is paid into your
account on ,April 30th and October
31st.
You even get a gold passbook.
$50.00 gets you started.
As long as your money is in
your Plan, you don't have Jo pay tax.
omit-
Put money in wheneveryou
like. How much you put in ($50.00
or more) is up to you. Subject, of
course, to your yearly limit for
taxation purposes. ,
..The interest rate paid on your -
Plan (noW 83/4%) is set in June and
December and is guarantded
betWten those dates.
You can withdraw all the money
from your Plan at any time, but then
you must pay tax.
You can start a Plan with as
little as $50.00 but-only if you're 18
years of age, or older, a residentof
Canada for tax purposes, and you
don't own a home in the year you use
the deduction.
Save up to $1,000 per year, for a
home or home furnishings, tax-free,
up ib'a lifetime limit of $10,000. -
The interest rate Is set and
calculated every month (now 9%).
And the interest is compounded
every 6 months and paid on June
30th and December 31st., -
Use your Plan like a savings
account. Put money in whenever you "
like, up to your yearly limit.
Just think, once you've reached
your maximum $10,000 lifetime
limit the interest you'll have earned
will make a. tidy sum of money. And
if your spouse qualifies, between
you, you could double the savings
and the benefits. -
Here's 'ho* they work.
Currently ifyou invest for any
period of over one year to six' years
the rate is 91/2 %.
Say you put in $1,000: (YOu
can't put in less). If you' left it in for
a year and a day, you'd get 91/2 %
interest.
Interest varies according to th
term of the deposit and is paid on•
April' 30th and October 31st.
If you cash it before maturity,
there is an interest penalty. It pays to
be patient.
•
•
5'
v. •
12-,THE HURON EXPOSITOR, MAY 27,x,1.976.
22,000 in honathon donations in the bank
phonathon May 15. Donations Ivan Forsyth . -$10;. "Mr. and
bank as .a reslkit 44 the arena game from: Mrs. Laverne Scott - $10; John
UNDER THE GUN — Reeve Elgin Thompson of Tuckersmith was let out on p arole
in time to have a pancake breakfast at the arena phonathon en Saturday. He didn't .
say how well he enjoyed the meal as his hands were tied with a rope and guard
Dorothy Williams guarded him with a machine gun. Reeve Thom‘pson raised $97
with his stint in jail ...$37 was pledged to get hi m out and $60 was pledged to keep
him in.. (Staff Photo)
•
Turnbull - $50; Milton J. Dietz'
L united $1 00; W.M.I3rOwn
$25; Wayne Hugill - $10; Mirtia.
Murray • $100: Mr. and Mrs.
ElsoOmith, • 120; Al, Nicholson -
$5.00; Opal Dobson - $,10; Brenda
McIntosh- $25; Lillian Grutnmett
- $10; W. Arthur Wright - $10;
Queen's Hotel - $20.
Paul Hagan -$2; William
McLaughlin -$100; Jim Nash &
Family-$20; John E. Henderson -
$50; John Pickard - $50; Joe Lane
- $2; Joe Lane - $2; Bob Doig - $2;
Graham Sholdice $5; Art
McNaughton - $3; Frank Morris-
$10; Tom Turner-$1.0; Elaine
Roberton - $10; Canadian Tire
Associate Store - $200; Laverne
Hugill - $100; Gilbert Murray -
$25; Mr. and Mrs. Neil DoIrnage- -
$10; Harold and June Chesney -
$25.
Lorne Dennis - $5.; Charlie
Stewart -$5; Alf Anderson - $5;
Queen's HOtel - $10; Alma Dick -
$20; John Lansink - $35; Roth's
Food Market • $100; Harold
Coleman - $50; Bill Acker • $2;
Mrs. P., Bridges - $5; Debbie.
Robinet - $5; Seaforth' Fire
Fighters Assoc, ''$50.
Bill Boyd - $20.; Carol Steffen
$10; Rick Fell - 52Q; -Mrs. Clare
Reith - $5; Mr. and Mrs. Larry
Gowan - $10; Stedman's" Store
D. Deighton -$100; Doug.
Hildebrand - $10; William Albert
- $25; Alf Price - $5; G.
• McClinchey - $5; Mrs. Gropthuis -
$10.
AnonyMous - $10; A. Brandon -
$25; Marlene Miller-- $5; Seaforth
Meat Market - $50; Joe Lane $5;
J. Ure Stewart - $10; Knapp's
Furniture & Antiques -$25; Wm.
T. Dodds - $10; Ball-Macaulay
Ltd.-$200; Harold Cummings
-$10; Mrs. M. Chapple -$5; Verna
E. Stephenson - $10; Fred R.
Cosford - $25; Don Graham - $10;
Mrs. Everett Storey $25. ,
Mr: and MrS. Verne Dale -$10;
George Campbell: 25; Mrs. Jane
Dietz- $2; ),Leo, Hagan $15; Mrs.
Gordon McGavin - $15; Harry
Arts $100; Bob McNaughton -
$10; Edward C. Boswell - $10;
F. A. Dobson -$25; M.' J. Whiteley.
- $25; M. McCurdy - $20; Samuel
L. Phillips - $100; Fred Malone -
$10.
- Gordon- Miller - $10;
I.GA.Store - $20; Ron $1.;
George Powell - $10; Mrs.
Hillebrecht - $50; Mrs. H.
Kennedy - $10; Bob Montgomery
- $10; Karen Geddes - $10;
Sincerity Shoes - $20; Mark /
Geisels - $2; Ed. Salverda - $50;
Joe Visser - $45; Barb Tilley - $10;
Fred & Betty Tilley - $25;, Alex
Chesney - $2S.'
Ray Henderson - $22; Tom
Jorgensen • $10; Bill & Joan
Chesney - $25; Alex Irvine - $5;
Henry Schwartz - VOL, Harvey
Johnston - $100; Archie Smith -
$2; Jim Crocker - $50; Earl
McNatrghton $15; Roth's Food
Market Staff - $5; McCutcheon
Motors Ltd. - $10; Alf Johnston -
$10; Ben Bridges, - $2.
Peter Van Drunnen - $25;
Joseph J. McConnell - $100; J. F.
Sills ,- US); Miss Belle Campbell
$50; Reg. Dick - $20; The Huron
Expositor - $200; Mr. and Mrs.
Arthur Rocket -* $25; John A.
Cardno - $25; McConnell, Stewart
& Devereaux - $300; Viggo
Casperson - $25; Mr. and Mrs.
Ken McLlwain - $10; Jack
Groothius - $5; Mark Robinet-
$10; Brian Riley - $2.50; Rus 'sell
Miller - $5; Mrs. Jung Williams -
$5.; Rowcliffe Motors - $25; Mrs.
Rita Core - $25; Crown Hardware
- $50; Marlen Vincent - $2,500;
Mona Enzenberger -%$25.
Mr, and Mrs Tom Carter - $5;
Elizabeth McAlpine $10; Janice
Rose - $5; James E. McQuaid -
$25; Vicki Horbanuik - $10; John
Driscoll - $25; Clement P.
Krauskopf - $10;Jacqueli ne
Racho - $10; Jason Ellis - $10;
Wayne & Harold Smith, Construc-
tion Ltd. - $30; Robert Franklin,
$25.
Sandra Johnston $10; Mrs.
Dorothy M.Greb - $25;' Genesco
of Canada Ltd. - $500; Kenneth
G. Eaton - $25;' Francis S. M
, urray - $10; B.M.Ross ,&
Associates Ltd. - $50; J. Van Vliet
- $10; Mae Smith - $10; Julia
,S1ton - $4; Joseph J. Lane - $75;
Kathleen Whitmore . - $25;
Warren Whitmore - $10; Gary
McClure $10; Gordon, Elliott -
$25; Doug Fry • $10. ,
John Sinnamon - $10; Marie
Palin - $10; Dale McInnes - $10;
Bernice }Wiley - $5; Rick Ruston -
$S; Bill Smith -$10; Anonymous -
$100; Kyles, Kyles & Garratt -
$250; Mr. and Mrs. J. Muir - $10;
Olive E. MacDonald - $1.(k
Synchro-combustion Equipment
Ltd. -525; Mr. and Mrs. Frani
Phillips - $25; Ruth Ribey $5;
Mrs. George Kreutzwiser - $25.
Robbie, Debbie, Darlene A
SimpsOn - $5; Molly Kunder -
$15; Orville Oke. - $10; Frank
Roberton - $10;. Warren Shera -
$5; Lisa Beuttenmiller - $2; Lattrie
Habkirk - $5; John Dale - $2.50;
Goraon Rimmer = $150; Wm.
Bennett -' $35; LloydMeluskie -
$50; Leo .Club (Jo Ann Trapnell;
- $3.35; Jason Papple $1. •
Dawn Papple - $10; Mrs. Gary
Gray -$20; Mr. and Mrs. Robt
Tyndall - $10; Mrs. Janet Papple -
$21 Kithleen Hoegy - $10; Steven
Hildebrand - $2; John Forrest -
Donna McClure - $2; Ray
iConlinued on Page 13)
$22,000 is" in the
ti
*Rates subject to change without notice.
cANADIAri impERIAL
BANK OF COMMERCE 'I