The-Helm_1974-04-17; Lynbrook Helm Independent Review

              vol. 13 No. 46 Entered a s Second—Class Matter
P o s t Office, Lynbrook, N.Y. LY 3-1300 THE FAMILY NEWSPAPER Wednesday, April 17, 1914 lae
Confirmation Held On Palm Sunday
Maurice IVl. Meehan, President of Suburbia Federal Savings, maites a
point of the cash-checking privileges of Suburbia's new Prestige Card
program to Mrs. Diane Winner, hostess, who assists customers in
opening these new savings accounts.
Suburbia Launches
Prestige Card For Savers
The 1974 Confirmation Class of Grace Lutheran Church, Malverne, along with Rev. John (i. Cara janes.
The service was held on Palm Sunday. Members of the class are: George Anderson, Karen Anderson,
Milton Boone, Richard Burkhardt, Per-Erik Dyrvik, Sharon Hanson, Carolyn llochstaetter, Mighael
Itgen, Sylvia Jensen, Thomas Koelbel, William Kuhnle, Robert Liferiedge, Ilannamia Lundgren, Jane
McKay, Marianne McKay, Christine Meincke, Sandra Mundinger, Carol Mun/.enmaier, Carol Neher,
Kathryn Nelson, Joyce Passaretti, Keith Raissis, Debra Ross, Donna Simpson, Kim Steffgen, Christine
Valenoti, Ronald Washington, Christopher Weinert and George Wodicka. Photo By Jim Bove
Maurice M. Meehan, President
of Suburbia Federal Savings and
Loan, said today that the in-trcduction
of the Prestige Card
has met with enthusiastic ac-ceptance
at all of the
Association's seven offices. It is
another exclusive first for
Suburbia savers as the
Association is the only one in the
greater New York and Long
Island areas offering their
Malverne Rotary Club
Hosts Town Board
Pictured from left to right are: Bill Serynek - Vice President,
Supervisor Purcell, Roy DeMeo - President and Richard Gumo -
Secretary.
Members of the Malverne
Rotary Club recently played host
to the Hempstead Town Board.
Besides Presiding Supervisor
Purcell; Supervisor Alfonse
D'Amato and all six Town
Councilmen attended. Supervisor
Purcell commented that this was
the first such occasion where he
and the entire Town Board had
gotten together with a club \o
speak about their duties, as a
Board, and some of the problems
they currently have under
discussion. There was a
stimulating exchange of ideas
and comments from both the host
Club and its guest.
Nassau County Executive Ralph G. Caso looks on as Abe Seldin
I right], chairman of the Nassau Board of Assessors, helps Olive Mell,
of New Hyde Park, file her application for the county's senior
citizen property tax exemption. Wednesday, May 1, is the deadline
date for filing. Applications for the property tax exemption can be
filed in person at the Board of Assessors office, 240 Old Country Road
in Mineola.
Grandparent's Day
Sponsored by Atlantic ^Avenue Parent Teacher
Association Wednesday April 24th 1974 between 1:30-3
P.M.
Everyone is invited including Senior Citizens to this
gala event.
Coffee & Cake will be served. Please try to attend and
make this a BIG day.
customers this dramatic
breakthrough in sqvines ease and
convenience.
Heralded as the card for
modern-day savers, the Prestige
Card has many built-in ad-vantages.
With a Prestige Card
account at Suburbia, there is no
longer any need for a passbook.
By just presenting the card,
deposits and withdrawals can be
made and checks can be cashed
at any of the Association's of-fices.
A unique feature of this "no
passbook" type of savings ac-count
is that depositors receive a
quarterly statement showing the
complete status of their accounts,
including all transactions and
interest (earned.
Robert J. Miller, Senior Vice
President and coordinator of the
Prestige program said, "The
advantages to savers of this type
program is possible only with the
use of a saver-card and
statement system. Inevitably,
this is the future trend of thrift
institutions. In keeping with
Suburbia's history of "first's",
we have introduced this program
for savers now".
The convenience of this card
has great appeal. Carried in a
wallet or card-case, it eliminates
the annoyance of forgotten
passbooks and the worry of
misplaced ones. It also speeds up
transactions as there is no need to
fill out deposit slips and a special
Prestige Card teller is on hand at
all of the offices.
Prestige Card accounts at
Suburbia earn 5.47% effective
annual yield on 5.25% a year from
Day of Deposit to Day of With-drawal.
Interest is compounded
daily, credited quarterly.
These convenient accounts are
now available in all Suburbia
offices in Garden City, Lynbrook,
South Huntington, Kings Park,
Patchogue, East Rockaway and
is planned for the soon to be
opened West Hempstead. In
addition, customers may save by
mail with great safety because
just the Prestige Card account
number is used on the mail-in
deposit slip.