Compass Credit Union (MI) is headquartered in Sparta and is the 128th largest credit union in the state of Michigan. It is also the 2,065th largest credit union in the nation. It was established in 1956 and as of March of 2019, it had grown to 17 employees and 7,842 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 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 62040 |
| Year Chartered | 1956 |
| Employees | 17 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.67% |
| Return on Equity - YTD | 6.06% |
| Annual Interest Income | $554.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2019vs Q1 2018 | $64.7MM$66.9MM |
| Loans | Q1 2019vs Q1 2018 | $27.4MM$25.5MM |
| Deposits | Q1 2019vs Q1 2018 | $57.3MM$59.9MM |
| Equity Capital | Q1 2019vs Q1 2018 | $7.1MM$6.6MM |
| Loan Loss Allowance | Q1 2019vs Q1 2018 | $369.00K$354.00K |
| Unbacked Noncurrent Loans | Q1 2019vs Q1 2018 | $152.00K$158.00K |
| Real Estate Owned | Q1 2019vs Q1 2018 | $0$0 |
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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 | |
| 0.05% | $250 | - | Regular Share Account | |
| 0.01% | $100 | - | Christmas Club Account |
Compass Credit Union (MI) Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.04% | $25 | $20k | High Yield Checking |
Compass Credit Union (MI) CD Rates
Compass Credit Union (MI) IRA Rates
| Compass Credit Union (MI) Locations | ||
|---|---|---|
| Branch Office | 485 S State St | Sparta, MI 49345-1549 |
| Branch Office | 115 S Stone Rd | Fremont, MI 49412 |