Compass Credit Union Regular Share (Savings) Account

Key Takeaways

• Low interest rate. The maximum annual percentage yield for this account is only 0.05%.
• No monthly maintenance fees. This account does not charge any monthly account fees.
• Small minimum initial deposit. You only need $5.00 to open an account.

Compass Credit Union Regular Share (Savings) Account Pros & Cons

Compass Credit Union Regular Share (Savings) Account FAQ

Are savings accounts from Compass Credit Union federally insured?

Does Compass Credit Union offer a signup bonus?

What is the minimum initial deposit for Compass Credit Union Regular Share (Savings) Account?

The minimum deposit to open a Compass Credit Union Regular Share (Savings) Account is $5.00.

What APY does Compass Credit Union Regular Share (Savings) Account offer?

The interest rate on a savings account or checking account can change based, in part, on what the Federal Reserve does. Note that the APY of a savings account is the amount of interest you will earn if you keep your money in the account for a full year expressed as a percentage. The difference between an APY and an interest rate is that the APY takes into account how often your money earns interest (or compounds). The more often your money compounds, the more it will earn. Savings accounts with an interest rate that compounds daily, for example, will earn a higher return (and therefore a higher APY) than savings accounts that compound annually.

What fees does Compass Credit Union Regular Share (Savings) Account charge?

• 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.
• Compass Credit Union Regular Share (Savings) Account charges a $10.00 fee for an early account closure. Contact Compass Credit Union Regular Share (Savings) Account for more details on what is considered an early closure.
• An overdraft on your account will trigger a $35.00 fee per item.
• Compass Credit Union Regular Share (Savings) Account charges $1.00 every time you request a paper statement.

Does Compass Credit Union Regular Share (Savings) Account charge overdraft fees?

Yes, Compass Credit Union Regular Share (Savings) Account charges a $35.00 overdraft fee.

What features and perks does Compass Credit Union Regular Share (Savings) Account offer?

• Mobile Banking Services - Compass Credit Union Regular Share (Savings) 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 Regular Share (Savings) Account?

What is the customer support email for Compass Credit Union Regular Share (Savings) Account?