C

Compass Credit Union

Best ForFee-Conscious Savers
FeesNone ($0 Maintenance)

Quick Summary

  • HSA savings account

The Verdict

Compass Credit Union provides essential HSA features with zero monthly maintenance fees and basic savings functionality, earning a 0/5.0 rating from HSA Orbit.

Compass was founded in 1956 by employees of Muskegon Piston Ring. Since then, the credit union has welcomed in a diverse membership base and offers financial services to 13 counties in West Michigan.

At Compass, we are community servants; we are educators; we are foundry workers; we are volunteers working for the betterment of everyone; we are members, and we are committed to navigating our mutual financial journey together.

And while we may all come from diverse backgrounds, we take pride in our shared neighborhoods, and we know that there’s only one way to build a strong community: together. That’s the credit union difference!

Key Features

Banking & Access

Includes online banking.

Investment Options

This provider focuses on cash savings without investment options.

Security & Insurance

Deposits are FDIC/NCUA insured for your protection.

Account Details

No minimum balance to open. no account opening fees.

Fee Analysis

Fee TypeThis ProviderIndustry AverageVerdict
Monthly Maintenance$0.00$0.69EXCELLENT
Account Opening$0.00$1.88EXCELLENT
Account Closing$0.00$1.95EXCELLENT

Industry averages calculated from 853 providers in the HSA Orbit database.

Investment Options

Savings-Only Account

Compass Credit Union currently offers a savings-focused HSA without investment options. Your funds earn interest in a cash account.

Interest Rates

Interest rates are not currently available for this provider.

Contact Information

Address

485 S State ST Sparta, MI 49345 Customer Service

Customer Service

1-616-887-8262

485 S State ST Sparta, MI 49345 Customer Service

At a Glance

Monthly Fee$0
Investment ThresholdN/A
Interest Rate (Cash)Not published
Debit CardNot included
FDIC InsuredYes

Pros & Cons

The Good

  • No monthly maintenance fees
  • No account opening or closing fees
  • FDIC/NCUA insured deposits

The Bad

  • No investment options available
  • No debit card included
  • Interest rates not published

User Sentiment

Based on community feedback

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NegativeNeutralPositive

Sentiment data coming soon

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