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OSWEGO, NY (April 13, 2020) – ** Update: The U.S. Department of the Treasury’s Bureau of the Fiscal Service (Fiscal Service) will start printing and mailing economic impact payment checks, beginning with checks with a pay date of April 24, 2020, and weekly thereafter.  

Checks will be mailed daily beginning on Saturday, April 18, 2020, until the checks are delivered, with twice daily mail pick-ups beginning Monday, April 20, 2020.  Estimated check volume is approximately 5 to 7 million checks per week.

(Originally posted April 13) - The first wave of Economic Impact Payments from the Internal Revenue Service was set for deposit on Wednesday, April 15.

 Members interested in checking to see if they have a pending deposit, can do so via Compass Federal Credit Union’s online banking portal.


Simply log-in into online banking and navigate to the options menu on the left side of the page. Once in the menu portion of the online banking portal, click on Holds, Pledges, Pending ACH. If there is a deposit pending, it will be indicated on this page.

For additional information about Economic Impact Payments, including eligibility and receiving your payment, visit www.irs.gov/coronavirus.

  • Rec Vehicle Loans

    OSWEGO, NY (May 12, 2020) – Compass Federal Credit Union’s Recreational Vehicle Loan Special is available through Monday, August 31.

    This special offers low rates on campers, boats, ATVs and other recreational vehicles.

    Rates start as low as 4.14% APR* for new recreational vehicles and as low as 4.49% APR* for used recreational vehicles.

    Read more ...
  • Spring Loan Special

    OSWEGO, NY (May 11, 2020) – Compass Federal Credit Union’s Spring Loan Special is being extended through Friday, July 31 due to the COVID-19 pandemic.

    Through the Spring Loan Special, members are able to borrow $2,000 at 6% APR* for up to 12 months. Spring Loans from the previous year must be paid in full before a new loan can be applied for.Read more ...
  • EIP Repayments

    OSWEGO, NY (May 7, 2020) – The IRS is requiring that economic impact payments made to deceased or jailed individuals be repaid.

    Per a bulletin posted by the IRS through www.irs.gov, deceased or jailed individuals do not qualify for economic impact payments. A payment made to someone who died before receipt of the payment, or is incarcerated, should be returned to the IRS.Read more ...
  • All-New CardValet App

    OSWEGO, NY (May 18, 2020) – Compass Federal Credit Union is pleased to announce a new version of the CardValet App, which provides cardholders with a reimagined, modern and intuitive user interface.Read more ...
  • Home Equity Loans

    OSWEGO, NY (May 4, 2020) – Home has never had more meaning than it does today, as most of us are spending more time at home than ever before.

    Compass Federal Credit Union is here for you to help complete much needed repairs or home improvements as you invest in your future, with no closing cost home equity loans as low as 3.99%* APR.Read more ...
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