Independent from Long Beach, California on April 3, 1962 · Page 24
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Independent from Long Beach, California · Page 24

Long Beach, California
Issue Date:
Tuesday, April 3, 1962
Page 24
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BACK HOME WHERE WE BELONG «^3gBHfe^MlP $ Customer Services SAFE DEPOSIT BOXES SAVE BY MAIL · FREE CUSTOMER PARKING 345 ELM STREET WITH OVER 500,000 IMPOUNDED TO PAY LOST DIVIDENDS TO FORMER CUSTOMERS over half a million waiting to be claimed THOUSANDS OF OUR CUSTOMERS wifhdrew Iheir savings when ihe Federal agency seized this association in April I960. It is estimated that over half a million dollars was lost by shareholders who took out their funds before dividends were due. IF YOU WERE 0«E OF THESE PEOPLE who lost dividends as a result of withdrawing your funds between April 22, I960 and June 30, I960, you should file your claim with us. We want to reimburse our shareholders for the dividends they lost. TO GET YOUR ADJUSTMENT come into Long Beach Federal and bring some evidence you withdrew your money during this period . . . your passbook if you still have It. If this is not convenient, come in anyway and let us help you. A department has been set up especially to help you get your dividend adjustment. You do not need to reestablish your account to get an adjustment. BACK-HOME WHERE WE BELONG ~ After 16 years of controversy over the rights of the people and their association, all association differences with the Bank Board have now been settled. In the words of the settlement agreement the Federal Home Loan Bank Board does, "release, discharge and acquit Long Beach and its officers, directors, agents and employees, of and from any and all claims, causes of action, liabilities of every kind, character or description . . ." The management that through the years you have grown to know and trust is now back and waiting to serve "you. HOW TO REESTABLISH YOUR ACCOUNT If you were one of our customers and wish to reestablish your account with us and participate in the Association just bring in your passbooks or check and we will do the rest. DIVIDENDS ON YOUR SAVINGS · ANTICIPATED RATE PER ANNUM

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