
Planning for Tomorrow
Compass Bank has a variety of savings products to fit every budget. Start saving small today for big rewards tomorrow. Savings rates can change, so inquire about the most current rates. In addition, you can enjoy the convenience of Direct Deposit into Passbook and Statement Savings accounts. To help you establish a savings plan with a Passbook, Statement Savings or Christmas Club account, we can automatically deduct a savings amount from your Compass Checking Account.
Passbook Savings
Enjoy this traditional form of banking with a low minimum balance of only $500. Interest is compounded daily. A passbook, provided by us, is needed to transact business. Deposits, withdrawals and interest earned will be logged in your passbook for quick reference.
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 $500 minimum balance is required to earn interest which is compounded daily.
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 $500. Checks are mailed in October, just in time for holiday shopping.
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