COMPASS Credit Union Profile

Showing details for COMPASS Credit Union.

Home > MI > COMPASS

COMPASS

Charter #62040 | NCUA Region 1 | FISCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (616) 887-8262

Fax: (616) 887-9080

Founding Date: N/A

Website: http://www.compasscu.com/www.compas

Personnel & Operations

President: Montgomery, William

Manager: Garrison, Erika

FT Employees: 20

PT Employees: 3

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 2

Hours: M, W, TH, F Lobby Hours 9:00am-5:00pm Tues.

Credit Union Profile Summary

COMPASS is a FISCU Credit Union. With a total of 7,599 members [1], this institution manages approximately $105,167,147 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 9.32% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -5.21% [1].

Financial Snapshot

Total Assets [1]
$105,167,147

Total economic resources.

Total Loans [1]
$48,847,828

Total value of outstanding loans.

Total Deposits [1]
$95,133,036

Total funds deposited by members.

Members [1]
7,599

Number of active members.

Performance Ratios

Net Worth Ratio [1]
9.32%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
0.76%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
51.35%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 10.94%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↓ -5.21%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↓ -1.77%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

485 S State St

Sparta, MI, 49345-1549
Open in Google Maps

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

No approved reviews yet. Be the first to rate this Credit Union!

Branch Locations

Found 2 branches reported by COMPASS (Charter #62040).

Main Office

Compass Credit Union Main Office

Type: Corporate Office

485 S State St

Sparta, MI 49345-1549

Phone: (616) 887-8262

Services: Member Services, ATM, Drive-Thru

Open in Directions

Additional Branches

Fremont

Compass Credit Union

Type: Branch Office

115 S Stone Rd

Fremont, MI 49412

Phone: (231) 924-5510

Services: Member Services, ATM

Open in Directions