Skip to content
SuperMoney logo
SuperMoney logo
Savings Accounts
Savings Accounts
5 more
Advertiser Disclosure

Last Updated: 04/18/2025

Compass Credit Union IRA Share Account

in Savings Accounts from Compass Credit Union

Last Updated: 04/18/2025

Compass Credit Union logo
No Reviews Yet

This product has no reviews yet. Help others by sharing your thoughts.

Be the first to rate

Explore a similar product

Try this top product in Savings Accounts


Chime® logo

Chime Savings Account

Mostly recommended31 reviews
Visit Site

Community Recommended Products

View All
Chime® logo
Mostly recommended31 Reviews
Learn More
Axos High Yield Savings Account logo
Strongly recommended22 Reviews
Learn More
Quontic Bank High Yield Savings logo
Strongly recommended20 Reviews
Learn More

Compare All Savings Accounts


Filter & compare all your options in one place.

Filter & compare all your options in one place.

View All Products
Highlights icon

Highlights

APY (Annual Percentage Yield)

1.61% - 1.86%(Verified 06/21/2024)

Minimum Opening Deposit

$250

Minimum Balance to Earn APY

$25

Speech bubbles icon

Compass Credit Union IRA Share Account Review

Compass Credit Union IRA Share Account is offered by Compass Credit Union, a credit union founded in 1956 and based in Sparta, MI. Compass Credit Union IRA Share Account are available in 50 states, 5 US territories, and Washington, DC.

Key Takeaways

  • High yield savings. This account offers an annual percentage yield of up to 1.86%, which is much higher than the average interest rate for a savings account. However, you must meet minimum balance requirements for higher APYs.
  • Charges a monthly fee. This account charges a monthly fee of $0.70833.
  • $250.00 minimum opening deposit. This is a typical minimum initial deposit.

Compass Credit Union IRA Share Account Pros & Cons

Compass Credit Union IRA Share Account FAQ

Are savings accounts from Compass Credit Union federally insured?

Yes, your savings accounts are insured up to $250,000 per share owner for each account ownership category. The National Credit Union Administration (NCUA), a federal agency, administers the insurance fund and regulates federally insured credit unions. The fund is backed by the full faith and credit of the U.S. Government.

Does Compass Credit Union offer a signup bonus?

Compass Credit Union IRA Share Account doesn't offer a signup bonus.

What is the minimum initial deposit for Compass Credit Union IRA Share Account?

The minimum deposit to open a Compass Credit Union IRA Share Account is $250.00.

What APY does Compass Credit Union IRA Share Account offer?

Compass Credit Union IRA Share Account offers a variable APY starting at 1.61% and ranging up to 1.86% (APY stands for annual percentage yield, rates may change). This is much higher than the national average rate for savings accounts.

What fees does Compass Credit Union IRA Share Account charge?

This account charges a monthly service fee of $0.70833.
  • Outgoing domestic bank transfers come with a $25.00 fee.
  • Incoming domestic bank transfers come with a $15.00 fee.
  • Outgoing international bank transfers come with a $75.00 fee. You can save a ton of money in fees if you use use a nonbank money transfer service.
  • Incoming international bank transfers come with a $15.00 fee.
  • An overdraft on your account will trigger a $35.00 fee per item.
  • Compass Credit Union IRA Share Account charges $1.00 every time you request a paper statement.

Does Compass Credit Union IRA Share Account charge overdraft fees?

Yes, Compass Credit Union IRA Share Account charges a $35.00 overdraft fee.
Compass Credit Union IRA Share Account offers overdraft protection at a cost of $5.00 per transaction. This overdraft protection fee is charged every time the bank arranges a transfer from another one of your accounts, typically a savings account, to cover the overdraft.

What features and perks does Compass Credit Union IRA Share Account offer?

This savings account includes the following features:
  • Mobile Banking Services - Compass Credit Union IRA Share Account allows you to manage your money online or with a mobile app.
  • Nationwide ATM network - Conveniently transact at a nearby ATM.

Can you set up a direct deposit to Compass Credit Union IRA Share Account?

Yes, you can typically set up a direct deposit to this account. However, it depends on the direct deposit program your employer uses. Most direct deposit programs allow you to send your paycheck to a savings or checking account. In some cases, you can even split your paycheck between the two.

What is the customer support email for Compass Credit Union IRA Share Account?

The customer support email for Compass Credit Union IRA Share Account is info@compasscu.com.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Headquarters

485 S State St
Sparta, MI 49345
(616) 887-8262
Visit Site

Hours of Operation

Sunday
Closed
Monday
9:00AM - 5:00PM
Tuesday
9:00AM - 5:00PM
Wednesday
9:00AM - 5:00PM
Thursday
9:00AM - 5:00PM
Friday
9:00AM - 5:30PM
Saturday
Closed

Other Services by Compass Credit Union

Money Market Accounts

Be the first to rate

Auto Loans

2 products

Be the first to rate


Personal Loans

Be the first to rate

Other Savings Accounts from Compass Credit Union

Compass Credit Union logo
Rating not yet determined
Be the first to rate

APY (Annual Percentage Yield)

0.05%
Disclaimer popup with additional information

Minimum Opening Deposit

$5

Minimum Balance to Earn APY

$250
Visit Site

Compass Credit Union logo

APY (Annual Percentage Yield)

0.01%
Disclaimer popup with additional information

Minimum Opening Deposit

$0

Minimum Balance to Earn APY

$100

Compass Credit Union logo

APY (Annual Percentage Yield)

0.05%
Disclaimer popup with additional information

Minimum Opening Deposit

$100

Minimum Balance to Earn APY

$100

Compass Credit Union logo

APY (Annual Percentage Yield)

0.05%
Disclaimer popup with additional information

Minimum Opening Deposit

$5

Minimum Balance to Earn APY

$250

Compass Credit Union logo

APY (Annual Percentage Yield)

0.00%
Disclaimer popup with additional information

Minimum Opening Deposit

$0

Minimum Balance to Earn APY

N/A

Compass Credit Union logo

APY (Annual Percentage Yield)

0.00%
Disclaimer popup with additional information

Minimum Opening Deposit

$0

Minimum Balance to Earn APY

N/A


Community Recommended Products

View All
Chime® logo
Mostly recommended31 Reviews
Learn More
Axos High Yield Savings Account logo
Strongly recommended22 Reviews
Learn More
Quontic Bank High Yield Savings logo
Strongly recommended20 Reviews
Learn More

SuperMoney Net Recommendation Score

This product has no reviews yet. Help others by sharing your thoughts.

0

-1000+100
No one recommends
Everyone recommends
The recommendation score reflects customer satisfaction with a provider. A score of +100 means every customer recommends the provider, while -100 means none of them do. These scores are based entirely on community member votes and are not influenced by partner compensation. SuperMoney removes fake reviews when detected.

Compass Credit Union IRA Share Account Community Reviews

Would you recommend Compass Credit Union IRA Share Account to your friends?

There are currently no reviews.

Other Services by Compass Credit Union

Money Market Accounts

Be the first to rate

Auto Loans

2 products

Be the first to rate


Personal Loans

Be the first to rate

More Savings Accounts

Chime® logo
Mostly recommended31 Reviews

You might also like


Thumbnail for Best Pick: Best Savings Accounts

Browse Savings Accounts


Chime Savings Account