Compass Savings Bank is headquartered in Wilmerding and is the 134th largest bank in the state of Pennsylvania. It is also the 4,665th largest bank in the nation. It was established in 1934 and as of September of 2020, it had grown to 8 employees at 2 locations. Compass Savings Bank has a B health rating.
Compass Bank Is HUNGRY FOR YOUR MONEY
I finally moved away from Compass Bank after banking with them for almost a decade. During that time, I was often distressed from high fees and the general inflexibility of the employees. I have moved to Chase and immediately noticed a big difference in attitude and customer service. I really did feel that advertising themselves as 'hungry bankers' showed up as a bank that goes out of its way to milk its customers. Sorry, Compass- I will never bank with you again because I prefer a bank that will work FOR me.
Data as of Q3 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 29430 |
| Year Established | 1934 |
| Employees | 8 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.91% |
| Return on Equity - YTD | -10.3% |
| Annual Interest Income | $1.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2020vs Q3 2019 | $52.5MM$51.4MM |
| Loans | Q3 2020vs Q3 2019 | $41.2MM$41.7MM |
| Deposits | Q3 2020vs Q3 2019 | $47.9MM$44.6MM |
| Equity Capital | Q3 2020vs Q3 2019 | $4.4MM$4.6MM |
| Loan Loss Allowance | Q3 2020vs Q3 2019 | $277.00K$276.00K |
| Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $149.00K$34.00K |
| Real Estate Owned | Q3 2020vs Q3 2019 | $167.00K$132.00K |