Compass Credit Union (MI)
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 1.99% | 5-year CD | 2.27% - National Average |
| 0.92% | 1-year CD | 1.38% - National Average |
| 0.05% | Savings | 0.26% - National Average |
Compass Credit Union (MI) is headquartered in Sparta and is the 126th largest credit union in the state of Michigan. It is also the 2,061st largest credit union in the nation. It was established in 1956 and as of December of 2018, it had grown to 21 employees and 8,097 members at 2 locations. Compass Credit Union (MI) has an A health rating.
Field of Membership Restrictions
Membership in Compass Credit Union is open to those who live, work, attend school or worship in the following Michigan counties: Ottawa, Oceana, Osceola, Muskegon, Newaygo, Montcalm, Mason, Mecosta, Kent, Ionia, Lake, Allegan or Barry. Immediate family of existing credit union members are also eligible to join.
See current membership details
OK Credit Union Experience
OK experience with credit union. Customer service is fairly good, not exceptional. I had trouble using the mobile site, and was never able to get online to see my account. They seem to be behind on technological advances. No apps, as many competitors offer in this day and age.
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 62040 |
| Year Chartered | 1956 |
| Employees | 21 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.69% |
| Return on Equity - YTD | 15.48% |
| Annual Interest Income | $2.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $63.4MM$40.2MM |
| Loans | Q4 2018vs Q4 2017 | $27.8MM$15.6MM |
| Deposits | Q4 2018vs Q4 2017 | $56.2MM$35.7MM |
| Equity Capital | Q4 2018vs Q4 2017 | $6.9MM$4.3MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $355.00K$169.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $158.00K$217.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Compass Credit Union (MI); we are a rate comparison website and cannot provide official rates or promotions.
Compass Credit Union (MI) Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.30% | $250 | - | Traditional IRA Share Account | |
| 0.30% | $250 | - | Roth IRA Share Account | |
| 0.20% | $1k | - | Premium Share Account | |
| 0.05% | $250 | - | Regular Share Account | |
| 0.01% | $100 | - | Christmas Club Account |
Compass Credit Union (MI) CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.99% | $500 | - | 60 Month Share Certificate | |
| 1.68% | $500 | - | 48 Month Share Certificate | |
| 1.47% | $500 | - | 36 Month Share Certificate | |
| 1.23% | $500 | - | 24 Month Share Certificate | |
| 0.92% | $500 | - | 12 Month Share Certificate | |
| 0.58% | $500 | - | 6 Month Share Certificate |
Compass Credit Union (MI) IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.99% | $500 | - | 60 Month IRA Certificate | |
| 1.68% | $500 | - | 48 Month IRA Certificate | |
| 1.47% | $500 | - | 36 Month IRA Certificate | |
| 1.23% | $500 | - | 24 Month IRA Certificate | |
| 0.92% | $500 | - | 12 Month IRA Certificate | |
| 0.58% | $500 | - | 6 Month IRA Certificate |
| Compass Credit Union (MI) Locations | ||
|---|---|---|
| Branch Office | 485 S State St | Sparta, MI 49345-1549 |
| Branch Office | 115 S Stone Rd | Fremont, MI 49412 |