Northwest Federal Savings - "The Tax Savings Place" (Commercial, 1981)

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Duration: 0:59

Views: 538

By: fuzzymemories

Description: Here's a commercial for Northwest Federal Savings advertising their new Tax Free CD (which in those days only meant "certificate of deposit" - the Compact Disc wasn't introduced until a year later). Note how one of the business-suited people sheds his suit and leaves that crowd to join the more middle-class crowd nearby. As noted in a lower-third text, the terms are $500 minimum deposit, one year term, penalty for early withdrawal. (Ah, the days . . . )

"You don't have to be a millionaire to take advantage of them."

This aired on local Chicago TV on Tuesday, October 27th 1981.

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