Compass Credit Union (MI)
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 0.20% | 1-year CD | 12 Month Share Certificate 2.30% - Ally Bank High Yield 12-Month CD |
| 0.05% | Savings | Regular Share Account |
| 0.70% | 3-year CD | 36 Month Share Certificate 2.55% - Ally Bank High Yield 3 Year CD |
Compass Credit Union (MI) is headquartered in Sparta and is the 129th largest credit union in the state of Michigan. It is also the 2,028th largest credit union in the nation. It was established in 1956 and as of March of 2018, it had grown to 18 employees and 8,550 members at 2 locations. Compass Credit Union (MI) has a B+ 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 Q1 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 62040 |
| Year Chartered | 1956 |
| Employees | 18 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 5.82% |
| Return on Equity - YTD | 47.15% |
| Annual Interest Income | $542.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2018vs Q1 2017 | $66.9MM$41.9MM |
| Loans | Q1 2018vs Q1 2017 | $25.5MM$14.2MM |
| Deposits | Q1 2018vs Q1 2017 | $59.9MM$37.7MM |
| Equity Capital | Q1 2018vs Q1 2017 | $6.6MM$4.1MM |
| Loan Loss Allowance | Q1 2018vs Q1 2017 | $354.00K$148.00K |
| Unbacked Noncurrent Loans | Q1 2018vs Q1 2017 | $158.00K$120.00K |
| Real Estate Owned | Q1 2018vs Q1 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 |
Compass Credit Union (MI) CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.70% | $500 | - | 36 Month Share Certificate | |
| 0.55% | $500 | - | 24 Month Share Certificate | |
| 0.20% | $500 | - | 12 Month Share Certificate | |
| 0.15% | $500 | - | 6 Month Share Certificate |
Compass Credit Union (MI) IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.70% | $500 | - | 36 Month IRA Certificate | |
| 0.55% | $500 | - | 24 Month IRA Certificate | |
| 0.20% | $500 | - | 12 Month IRA Certificate | |
| 0.15% | $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 |