Laserfiche WebLink
S 5=== <« AMC <br />PO Bo, 7793 <br />6u'oan✓, Cal,`ana 91510 <br />Terephone (818) 8.11.7162 <br />(800; 227-3187 (C8 »(orn:a) <br />(600; 227 -3188 (Ou1>;Je Caldom;a) <br />February 4, 1985 <br />Mr. Joseph Chlebeck <br />City Finance Officer <br />City Hall <br />Little Canada, Mn. 55110 <br />Dear Mr. Chlebeck: <br />We would like to take this opportunity to acquaint you with Sears Savings <br />Bank. We are part of the Sears Financial Network with assets in excess of <br />$5 billion. A copy of our most recent financial statement is enclosed for <br />your review. <br />Sears Savings Bank is interested in obtaining Public Funds for investment <br />in long or short term certificates of deposit. The rates we offer are <br />competitive and do fluctuate on a weekly basis. However, once established <br />the rate is guaranteed for the full term of the certificate. We have <br />enclosed our weekly "Option Term Accounts" rate sheet that lists accounts <br />from 32 days through 10 years. <br />These accounts can be established for a maximum deposit amount of <br />$100,000.00. This investment vehicle is being used by other Public Fund <br />Administrators as the rates are currently higher than most jumbo rates. <br />However, since interest would automatically be added to the account <br />balance, monthly or quarterly interest payments to our investors is <br />mandatory. <br />We invite you to call us on one of the above toll free numbers for rate <br />quotes or other information. Our hours are 8:00 a.m. to 4 :30 p.m. (P.S.T.) <br />Monday through Friday. <br />Cordially, <br />To <br />1. na Heming <br />Bank by Mail <br />Manager <br />DH /kac <br />enc. <br />ay <br />4 4 <br />prEPILW <br />FEB 6 1985 <br />CITY OF <br />LITTLE CANADA <br />