Vision for our Shared Future
We prove that where you bank can change everything. We are the trusted and desired financial partner for our communities and local businesses.
Our Mission 
We simplify the banking experience by providing honest advice and exceptional service so that dreams can be achieved.
Values that drive our purpose
We care for members and empower them to succeed.
OMISTA is Born
It all started in 1938 when the Moncton Shops Credit Union Society Limited charter was signed. The goal was to provide day-to-day financial services to the workers of the C.N. repair shops.
The Moncton Shops Credit Union Society Limited continued to grow through mergers with other credit unions in the area, leading to a name change dilemma. In 1970, the Board of Directors agreed to a contest to choose a new name. OMISTA, an acronym for true credit union values, was the winner.
Our Motto Is Service To All.
Our decisions have been guided by this throughout our history.
Fast forward to today, and OMISTA has grown into the second-largest New Brunswick credit union with a focus on putting members first.
OMISTA has always supported the core principles that credit unions were founded upon through honesty, fairness, and trust. We have been there for firsts, such as offering the first registered education plan and were among the first to have ethically screened mutual funds. OMISTA looks forward to continuing to employ New Brunswickers for generations and to many more firsts.
As a Certified B Corporation, OMISTA Credit Union is recognized as a leader in a global movement of people using business as a force for good.
We are a Co-operative!
The Co-operative Principles
Co-operatives around the world adhere to the same seven principles as defined by the International Co-operative Alliance (ICA). These principles serve as guidelines for co-operatives to put their values into practice. As principled businesses driven by people and not just profit, co-operatives work together to build a better world through co-operation.
What does being a B mean to us?
Investing in our customers
• Providing the most empowering advice and solutions you need to succeed
• Making you our priority, because you’re a customer and an owner … your success is our success
• Making decisions that impact you, right here in the markets where we all operate and live.
Investing in our employees
• Providing a performance review process so employees know how their work contributes to OMISTA’s success
• Aligning employees’ passions with their work as well as offering additional engagement opportunities
• Creating a workplace culture that supports employee wellness and sustains work life balance.
Investing in our communities
• Building stronger, healthier, financially wiser communities by working with organizations and on projects that have a significant, positive impact
• Embracing a spirit of volunteerism through our employees as active participants and leaders supporting a wide-range of community organizations.
8 Years and Recertified!
OMISTA has become a certified B Corporation, a standard that measures the company's entire social and environmental performance. " We were looking at how society as a whole is moving toward more of a grassroots approach, where people are very concerned about our planet."
CEO, Tammy Christopher
OMISTA Credit Union is part of a growing community of more than 2000 Certified B Corps from 50 countries and over 130 industries working together to build better business, better communities, and a better world.
Read OMISTA's full B Corp profile.
Learn more about what being a B Corporation means and about how you can join us in making the world a better place.
Find out more about becoming a customer
The 7 Cooperative Principles
Cooperative Principles
The cooperative principles are guidelines by which cooperatives put their values into practice.
1. Voluntary and Open Membership
Cooperatives are voluntary organisations, open to all persons able to use their services and willing to accept the responsibilities of membership, without gender, social, racial, political or religious discrimination.
2. Democratic Member Control
Cooperatives are democratic organisations controlled by their members, who actively participate in setting their policies and making decisions. Men and women serving as elected representatives are accountable to the membership. In primary cooperatives members have equal voting rights (one member, one vote) and cooperatives at other levels are also organised in a democratic manner.
3. Member Economic Participation
Members contribute equitably to, and democratically control, the capital of their cooperative. At least part of that capital is usually the common property of the cooperative. Members usually receive limited compensation, if any, on capital subscribed as a condition of membership. Members allocate surpluses for any or all of the following purposes: developing their cooperative, possibly by setting up reserves, part of which at least would be indivisible; benefiting members in proportion to their transactions with the cooperative; and supporting other activities approved by the membership.
4. Autonomy and Independence
Cooperatives are autonomous, self-help organisations controlled by their members. If they enter into agreements with other organisations, including governments, or raise capital from external sources, they do so on terms that ensure democratic control by their members and maintain their cooperative autonomy.
5. Education, Training, and Information
Cooperatives provide education and training for their members, elected representatives, managers, and employees so they can contribute effectively to the development of their co-operatives. They inform the general public - particularly young people and opinion leaders - about the nature and benefits of co-operation.
6. Cooperation among Cooperatives
Cooperatives serve their members most effectively and strengthen the cooperative movement by working together through local, national, regional and international structures.
7. Concern for Community
Cooperatives work for the sustainable development of their communities through policies approved by their members.
Why we became a B Corp
B Corps are obligated to consider the impact of their decisions not only on shareholders but also on their workforce, the community, their suppliers, consumers, and the environment. This movement empowers the B Corp™ community to use business as a tool for social change.
Receiving the B Corp Certification confirms OMISTA’s purpose as a financial cooperative focused on doing business by Investing in Each Other. This means, by investing in our customers, our employees, and our communities.
OMISTA has become a certified B Corporation, a standard that measures the company's entire social and environmental performance. " We were looking at how society as a whole is moving toward more of a grassroots approach, where people are very concerned about our planet."
CEO, Tammy Christopher
OMISTA Credit Union is part of a growing community of more than 2000 Certified B Corps from 50 countries and over 130 industries working together to build better business, better communities, and a better world.
Read OMISTA's full B Corp profile.
Learn more about what being a B Corporation means and about how you can join us in making the world a better place.
Find out more about becoming a customer
Why did we become B Corp™ certified?
We think you will agree that business should have a higher social purpose beyond simply profit. For decades Credit Unions have been putting people before profits. OMISTA Credit Union is part of a global movement of business leaders who seek to redefine success in business, so that one day all companies compete not only to be the best in the world, but to be the best for the world.
