Compass Credit Union
Overview / Commentary
Compass Credit Union is headquartered in Oswego and is the 106th largest credit union in the state of New York. It is also the 2,208th largest credit union in the nation. It was established in 1966 and as of December of 2018, it had grown to 14 employees and 6,870 members at 6 locations. Compass Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship, volunteer or attend school in Oswego County.
See current membership details
Health
B+
Data as of Q4 2018
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Compass Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 17665 |
| Year Chartered | 1966 |
| Employees | 14 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.27% |
| Return on Equity - YTD | 7.46% |
| Annual Interest Income | $2.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $56.1MM$56.3MM |
| Loans | Q4 2018vs Q4 2017 | $34.7MM$32.7MM |
| Deposits | Q4 2018vs Q4 2017 | $45.8MM$46.8MM |
| Equity Capital | Q4 2018vs Q4 2017 | $9.6MM$8.9MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $233.00K$234.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $344.00K$353.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$0 |
Rates
Rates for Compass Credit Union are currently being reviewed.
Locations
| Compass Credit Union Locations | ||
|---|---|---|
| Branch Office | 110 W 6th St | Oswego, NY 13126 |
| Branch Office | 131 George St | Oswego, NY 13126-2915 |
| Branch Office | 448 County Route 1A | Oswego, NY 13126 |
| Branch Office | PO Box 180 | Fulton, NY 13069 |
| Branch Office | 7 4th Ave | Oswego, NY 13126 |
| Branch Office | SUNY Oswego 150 B Morano Center | Oswego, NY 13126 |