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THE BATTALION
FRIDAY, SEPTEMBER 11, 1981
“ALL SAVERS”
Tax Exempt Certificate
CITY NATIONAL BANK OF BRYAN â– teS S3i -
Proudly announces the new “All Savers” Tax Exempt Certificate. We are starting a few days early acquainting
you with the “All Savers” Tax Exempt Certificate. Actually it will not be available until October 1, 1981, however
we want you to be able to take maximum advantage of this tax saving opportunity. Accordingly you need to
become familiar with the program and begin immediately to make your financial plans. City National Bank
intends to keep our customers informed and we welcome calls from noncustomers who may have unanswered
questions.
City National’s professional bankers will be able to answer all your questions.
Executive Vice President
Listed below is information already available, that we think will be
helpful in your financial planning.
What will the “All Savers” Tax Exempt Certificate rate be on October 1?
The rate will be 12.61 %.
How much “All Savers” interest is tax exempt?
$2,000.00 if filing a joint return,
$1,000.00 if filing an individual return.
What is the minimum deposit?
$500.00
Who should invest in “All Savers” Certificates?
See Example Below
Example of Taxable Equivalent Yield
IF YOU FILE A JOINT
RETURN & YOUR FAMILY
TAXABLE INCOME IS:
1982 TAX BRACKET IS: TAXABLE INTEREST RATE
NEEDED TO PROVIDE
12.6 1 % AFTER TAXES:
85,600
50%
25.22
59,999
44%
22.50
45,799
39%
20.66
29,899
29%
17.75
24,599
25%
16.81
20,199
22%
16.17
Under existing law, when can “All Savers” Certificates be issued?
Certificates can be issued during the period beginning October 1,1981,
and ending December 31,1982.
What is the maturity requirement?
12 months from day of purchase.
Who should I call at CNB for additional information?
Call 779-5402 and ask for any of the following
City National Bankers:
Albert Turek, Senior Vice President; Norma Kornegay, Managing Officer;
Elaine Palasota, Center Manager; Betty Aycock, New Accounts & Credit Cards;
Larry Linder, Vice President; Ronald E. Hale, Executive Vice President
CITY NATIONAL BANK OF BRYAN â– 
Member FDIC 301 South Texas Avenue, Bryan Texas 77801
A First City
Bancorporation
Member