Compass Bank
- Company typePrivate
- Founded-
- HeadquartersRoseau, Dominica
- Headcount—
- GTM typeB2B and B2C
- OfferingServices
Compass Bank firmographics
Firmographics- Name
- Compass Bank
- Legal name
- Compass Bank & Trust Corporation
- Website
- https://compass-bank.com
- Company type
- Private
- Operating status
- Operating
- Ownership category
- akta.pro rank
Compass Bank industry classification
Industry- Product category
- Retail Banking
- NAICS
- Commercial Banking (52211), Depository Credit Intermediation (5221)
- SIC
- National Commercial Banks (6021), Personal Credit Institutions (6141)
- akta.pro primary industry
- Real Estate (Commercial Property, REITs) (FSABACAH)
- akta.pro secondary industry
- Credit Cards & Revolving Credit (FSABAAAC)
Keywords
Where Compass Bank is headquartered
LocationHeadquarters
- HQ city
- Roseau
- HQ country
- Dominica
Offices1 record
Markets served
Compass Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others
Revenue model
- Corporate and Institutional Banking: Core business segment providing commercial lending, structured facilities, syndicated lending, acquisition financing, capital market advisory, fixed income, and securitization services
- Business Banking: Cash management, business investments, small business and commercial financing, factoring services, savings and current accounts
- Personal Banking: Personal savings, current accounts, money market accounts, CDs, and personal banking services
- Investment Banking: Financial products including CDs, market instruments, stocks, ETFs, and corporate products with expert investment professionals providing confidential advisory
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Money Market Account - $50,000 minimum opening, 0.25% APY |
| Other | Monthly | Compass CD - 0.50% rate, 6-month minimum term |
| Subscription | Monthly | Personal Current Account - $1,000 minimum opening, 9-month term |
| Subscription | Monthly | Business Current Account - $5,000 minimum opening |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
Compass Bank product offering
Product offeringCore offering
Compass Bank (legal name: Compass Bank & Trust Corporation, DBA CompassBank) is a privately held Caribbean retail and commercial bank headquartered in Roseau, Commonwealth of Dominica. It provides deposit products (checking accounts, savings accounts, and Compass CD), lending products (personal and business loans), corporate and institutional banking, and investment banking services to personal, business, and institutional customers. Banking services are delivered through a combination of branches and the CompassNet online and mobile banking platform.
Product overview
Compass Bank offers a comprehensive banking platform organized into three main segments: Personal Banking (savings, current/checking accounts, CDs, and money market accounts), Business Banking (commercial loans, factoring services, and business deposit accounts), and Corporate/Institutional Banking (commercial lending, project finance, corporate finance, capital markets, global transaction banking, and financial institution services). The bank also provides investment banking services for accessing financial products. All segments offer online banking access through CompassNet.
Differentiator
Problem solved
Functional benefit
Products and services
- Personal Checking Account Day-to-day transactional deposit account for individual retail customers in Dominica, supporting deposits, withdrawals, and payment activity with branch and digital (CompassNet) access.
- Personal Savings Account Interest-bearing savings account for individual retail customers to hold funds and earn interest, accessed via Compass Bank branches and the CompassNet platform.
- Compass CD (Personal Certificate of Deposit) Term deposit product for individual retail customers seeking a fixed-term, fixed-rate savings instrument issued by Compass Bank.
- Personal Loans Credit products extended to individual retail customers for personal borrowing needs, originated and serviced by Compass Bank.
- Business Checking Account Operating account for business customers in Dominica to handle payables, receivables, and routine transactional banking, with branch and digital access.
- Business Savings Account Interest-bearing savings account for business customers to manage and park business cash balances with Compass Bank.
- Business Certificate of Deposit Term deposit product for business customers to earn a fixed rate over a defined term on surplus operating cash held at Compass Bank.
- Corporate and Institutional Banking Banking services for corporate and institutional clients, including more complex banking relationships, treasury, and related institutional-grade products delivered by Compass Bank in Dominica.
- Investment Banking Investment banking services (advisory, capital markets, and related mandates) delivered by Compass Bank to corporate and institutional clients.
Companies that use Compass Bank
Customer profileSegments3 records
Ideal customer profiles3 records
Compass Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Compass Bank partnerships and signals
Strategic signalScale indicators1 record
Recent moves4 records
Expansion highlights4 records
Compass Bank competitors and assessment
Company assessmentBroad incumbents
- CIBC FirstCaribbean International Bank: One of the largest Caribbean commercial banks, part of the CIBC group, offering retail, corporate, and wealth services across multiple Eastern Caribbean markets.
- RBC Royal Bank (Caribbean): Royal Bank of Canada's Caribbean operations offering retail, commercial, and correspondent banking—a large incumbent against which Compass must compete for regional corporate clients.
- Sagicor Financial Company: Major Caribbean financial services conglomerate with banking, insurance, and investments across the region—overlapping institutional and retail banking footprint.
- Scotiabank Caribbean: International bank with extensive Caribbean retail and corporate presence; competes with Compass on business and institutional banking across the region.
Direct peers
- Bank of Barbados Limited: Barbados-based commercial bank with personal, business, and corporate banking. Similar small-island economy footprint and full-service banking model.
- National Commercial Bank of Jamaica: Major Caribbean commercial bank with personal, business, and corporate banking plus investment services—directly comparable product architecture and regional focus.
- JMMB Group Limited: Caribbean financial services group offering banking, investment, and wealth solutions across multiple islands—comparable regional breadth and product diversity.
- Republic Bank Limited: Trinidad-headquartered commercial bank with full personal, business, and corporate banking services across the Caribbean. Closest comparable in scale, product breadth, and regional footprint.
- First Citizens Bank (Trinidad & Tobago): Caribbean commercial bank offering personal, business, and corporate banking plus investment banking. Similar product mix and mid-sized regional positioning.
- Bank of Saint Lucia Limited: Mid-sized Caribbean commercial bank with retail and corporate offerings in a single small-island economy—closely analogous scale and operating environment.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
Compass Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Compass Bank leadership team
Management profileNumber of profiles
Compass Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Compass Bank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Compass Bank
What does Compass Bank do?
Compass Bank (legal name: Compass Bank & Trust Corporation, DBA CompassBank) is a privately held Caribbean retail and commercial bank headquartered in Roseau, Commonwealth of Dominica. It provides deposit products (checking accounts, savings accounts, and Compass CD), lending products (personal and business loans), corporate and institutional banking, and investment banking services to personal, business, and institutional customers. Banking services are delivered through a combination of branches and the CompassNet online and mobile banking platform.
Is Compass Bank a public or private company?
Compass Bank is a private company. It is classified as unknown and is currently operating.
When was Compass Bank founded?
Compass Bank was founded in -1.
Where is Compass Bank based?
Compass Bank is headquartered in Roseau, Dominica.
How does Compass Bank make money?
Four revenue lines are on record. Corporate and Institutional Banking is the primary driver. The others are business Banking, personal Banking and investment Banking.
Who are Compass Bank's main competitors?
Broad incumbents on record are CIBC FirstCaribbean International Bank, RBC Royal Bank (Caribbean), Sagicor Financial Company and Scotiabank Caribbean. Direct peers are Bank of Barbados Limited, National Commercial Bank of Jamaica, JMMB Group Limited, Republic Bank Limited, First Citizens Bank (Trinidad & Tobago) and Bank of Saint Lucia Limited.
Does Compass Bank have an API?
No public API is recorded for Compass Bank.
What industry is Compass Bank in?
Compass Bank's product category is Retail Banking. Its primary akta.pro industry code is FSABACAH, Real Estate (Commercial Property, REITs), with a secondary code of FSABAAAC, Credit Cards & Revolving Credit. Its NAICS code is 52211 and its SIC code is 6021.