Savings & certificates
Four products, and the honest version of who each one is actually for.
Regular savings
The five-dollar share account that makes you an owner. It earns a modest dividend and its real purpose is to be the place where money sits when it isn't in checking. Nobody gets wealthy on a regular savings account and anyone who tells you otherwise is selling something.
Money market
Higher dividend, tiered by balance, with limits on how often you move money out. Worth it if you keep a real balance parked and know you won't need to touch it weekly. Not worth the extra rules if your balance is small — the difference in dividend on two thousand dollars is a few dollars a year, and the inconvenience is constant.
Share certificates
You commit the money for a fixed term and get a fixed rate. Terms from six months to five years. Take the money out early and there is a penalty, which is the trade you are making for the better rate.
The useful thing nobody explains: you don't have to pick one term. Splitting a balance across a twelve, a twenty-four and a thirty-six month certificate means something matures every year, and you are never in the position of watching rates rise while all of your money is locked at last year's number.
Holiday and goal accounts
A separate savings account with a name on it, which sounds like a gimmick and works anyway. Money that lives in an account called "December" gets spent differently than money in an account called "savings." You can set an automatic transfer and forget about it, which is the entire mechanism.
What they actually pay
We don't publish rate figures here — the rates page explains why. Ask any branch for today's number.