Overview
OMISTA Credit Union is New Brunswick's second-largest credit union and a certified B Corporation, serving members from branches in Moncton, Oromocto and Fredericton.
Founded
1938
Members
10,000
Assets
$400 million
Branches
4
No-Fee Chequing Accounts
Verdict
Free*
To Qualify
- Minimum balance required
Specific thresholds vary by credit union. Visit Omista Credit Union's website for current requirements.
Current Rates
Verified (Official Source)· Last checked Jul 2, 2026 (13d ago)
High Interest Savings1.00%up to
1-Year GIC2.75%
3-Year GIC3.00%
5-Year Fixed Mortgage6.09%
GIC Rate Ladder
| Term | Rate |
|---|---|
| 1-Year GIC | 2.75% |
| 3-Year GIC | 3.00% |
| 5-Year GIC | 3.25% |
Pros
- • Deposit insurance up to $250,000 per category through NBCUDIC
- • No-fee chequing available with a minimum balance requirement
- • Solid digital banking with mobile app, online banking, and Interac e-Transfer
Cons
- • Fewer specialized financial products and international banking services than other institutions
Best For
Residents of NB looking for a local banking alternative
Products & Accounts
Chequing
Savings
GICs
RRSP
TFSA
Mortgages
Personal Loans
Credit Cards
Membership Eligibility
StatusRestricted
Requirements:
New Brunswick residents
Open to New Brunswick residents.
Membership Share (Fee)$5 share purchase
Deposit Protection
Insuring Body
NBCUDIC
Coverage Limit
$250,000 per category
New Brunswick Credit Union Deposit Insurance Corporation (NBCUDIC) provides $250,000 deposit protection per eligible category.
Digital & Access
- Mobile App
- Online Banking
- Interac e-Transfer
- ATM NetworkAccess to over 3,000 ATMs across Canada - surcharge free.
- Digital Ratinggood
About This Data
Rate and eligibility data is gathered from official credit union websites and verified comparison sources. Last researched Mar 28, 2026. Always verify rates directly on the official website before making financial decisions.
Official WebsiteRelated reading
