Savings Rate

savings rate from compass fcu near oswego ny

Savings Accounts

Savings Accounts Minimum
Balance
Average Daily
Balance Required for
Dividend Rate
Dividend
Rate
Annual
Percentage
Yield
Regular, Christmas,
Special Savings
$5

$100 to $4,999
$5,000 to $9,999
$10,000 and up

0.150%
0.150%
0.150%

0.15%
0.15%
0.15%

Young Bucks,
Teen Tycoons
$5

$5.00 to $4,999
$5,000 to $9,999
$10,000 and up

0.150%
0.150%
0.150%

0.15%
0.15%
0.15%

IRAs $5

$5.00 and up

0.150%

0.15%

Premier Checking

Minimum Daily Balance Annual Percentage Yield
$1000 1.25%

* Premier Checking is an interest-bearing checking account now available to any Compass member. Members automatically receive a monthly dividend of 1.243% on balances up to $25,000 based on the average daily balance. To qualify, members must:

  • Maintain a minimum daily balance of $1000
  • Complete five (5) debit card transactions by the end of each month (posted by 5 p.m. on the last day of the month)
  • Have direct deposit, e-statements & online banking

Money Market Accounts

Average Daily Balance
Required for Dividend Rate
Dividend Rate Annual
Percentage
Yield
$10,000 to $24,999 .499%

.50%

$25,000 to $49,000 .648%

.65%

$50,000 to $99,999 .648%

.65%

$100,000 and up .648%

.65%

* If the average daily balance falls below $10,000 during a dividend period, you will not receive the dividend for that period. Also, a $10 monthly fee will be applied if the average monthly balance falls below $10,000.

Share Certificate

Share Certificate
(share and IRAs)
Minimum
Balance
Dividend
Rate
Annual
Percentage
Yield
6 Month $1000

.300%

.30%

1 Year $1000

.499%

.45%

18 Months $1000

.598%

.60%

2 Years* $1000

.747%

.75%

3 Years* $1000

.797%

.80%

4 Years* $1000

.797%

.80%

5 Years* $1000

.797%

.80%

Young Bucks Club and Teen Club minimum amount to open a share certificate is $200

* Share Certificate Plus Program: Members who open new share certificate for a term of 2 years or longer will have the one-time opportunity to sign up for the Share Certificate Plus Program. The minimum deposit is $5,000. If rates rise during the term of the certificate, participants will have the option to lock in the higher rate. Early withdrawal from a share certificate in the Plus Program will result in a 6-month penalty. Standard penalty for a share certificate 2 years or longer without the Plus Program is 3 months.

Effective as of 9/8/2020

The Board of Directors reserves the right to review and change these rates at its discretion.

High Yield Savings Account Rates

If you’re looking for high yield savings account rates near Oswego, NY, open an account at Compass Federal Credit Union. We’re pointing the way for your more prosperous future.

Compass Federal Credit Union offers a wide variety of savings accounts to achieve your goals. Take advantage of high yield savings account rates with the following types of savings accounts:

  • Regular savings accounts,
  • Christmas savings accounts,
  • Special savings accounts

View savings rates at the top of this page

Ready to Open a Savings Account?

Contact Us to Get Started

Youth Savings Account Rates

An early start makes it that much easier to get ahead in life. Our Young Bucks and Teen Tycoons savings accounts are the best youth savings accounts.

Help your child get a head start and learn the value of a dollar with a Young Bucks or Teen Tycoons savings accounts.

See youth savings account rates at the top of this page.

To open a Young Bucks or Teen Tycoons savings account…

Contact Us

Save Today for Better Tomorrows. A Relaxing Retirement Starts with Our IRA Rates

What do you want to do in retirement? Living the life you’ve dreamed of starts with our IRA rates. Save for your retirement with a Compass Federal Credit Union IRA.

See IRA rates at the top of this page.

To open an IRA…

Contact Us

Looking for High Yield Savings Accounts? Compass FCU Money Market Accounts Are Exactly What You’re Looking For

Take advantage of dividend rates and a competitive Annual Percentage Yield (APY) with our money market account options.

View the average daily balance requirements and money market account rates above.

To Open a Money Market Account…

Contact Us

In Addition to High Yield Savings Account Rates, Compass FCU Also Offers Share Certificates and Premium Checking Accounts

Compass FCU offers interest bearing checking accounts. We also offer share certificates.

View interest rates for our interest bearing checking accounts and share certificates above.

Start Saving Today with Compass FCU’s Favorable Savings Rates

Compass FCU offers the following types of accounts:

  • Regular savings accounts,
  • Christmas savings accounts,
  • Special savings accounts,
  • Money market accounts,
  • Youth savings accounts,
  • Interest bearing checking accounts,
  • Share certificates

The sooner you start saving, the more you’ll have. To start saving…

Contact Us to Open an Account