Compass Savings Bank has a variety of savings products to fit every budget. Start saving small today for big rewards tomorrow with Direct Deposit into a passbook or statement savings accounts.
Open a regular personal or business checking account at Compass Bank with with no minimum balance requirements, no monthly service fee and Direct Deposit.
We also offer IRA, CDs, Money Market Checking, and Christmas Club accounts.
Personal Checking
Open a regular checking account at Compass Bank with with no minimum balance requirements and no monthly service fee. No minimum balance to open and your first 50 checks are free and with unlimited check writing. Includes free direct deposit and access to a Visa check card.
Compass Bank even provides you free ATM transactions at all Freedom ATM Alliance machines for all Regular Checking Accounts.
And, if overdraft protection is important, you can link your account to your Compass Bank Statement Savings account.
Business Plus Checking
Open a Business Plus Checking account at Compass Bank with no minimum balance requirements and no monthly service fee. No minimum balance to open and your first 250 checks are free along with a Business VISA debit card with ATM access, online banking and online bill pay.
This business account includes a no-fee business line of credit or Compass credit card access with approved limits from $500-$15,000. And you have free night depository access and a safe deposit box in North Huntingdon (based on availability).
Money Market Checking
The minimum balance to earn interest in a Money Market checking account is $2500. There are no monthly fees and your first 125 checks are free along with a VISA debit card with ATM access, online banking and online bill pay.
You'll also receive at 5 basis point bump up on any new certificate opened with the Money Market Account
Passbook Savings
A Passbook savings account is a traditional savings account complete with the passbook. A $50 minimum balance is required to earn interest which is compounded daily.
To help you establish a savings plan with a Passbook Savings account, we can automatically deduct a savings amount from your Compass Checking Account.
Statement Savings
With a Statement Savings account, your activity is presented on a monthly statement, mailed to your home. There is no need to carry a passbook. With this account, you can enjoy 24 hour access with your ATM card.
A $50 minimum balance is required to earn interest which is compounded daily.
Certificates of Deposit
If you can invest your money for a longer period of time, consider the extra earnings offered by a Certificate of Deposit (CD). We have a variety of certificate terms ranging from 6 months to 60 months.
You can open a CD with only a $500 minimum deposit. A lot of other banks require $1,000 or more.
Interest is compounded daily and posted monthly which can be added to your CD, deposited into a savings or checking account or a check can be mailed to you.
IRAs
Plan for your retirement with a Traditional or ROTH IRA. Invest in your child's future with an enhanced IRA. With either investment, we have competitive rates.
Contributions and tax deductibility varies.
Christmas Club
Start saving early for your holiday purchases. Establish a savings goal and make deposits monthly to your account which earns interest compounded daily.
Open the account with just $25. Checks are mailed in October, just in time for holiday shopping.
Interest Rates
Check out the current interest rates on all our checking and savings accounts.