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Your Credit Union >> About Us >> Ownership



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What it Means to Be an Owner

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Credit Union owners enjoy unique benefits ~ because they are both customers and owners.

You own your financial institution
All decisions are made here by people who live in and understand our economic region. Owners have access to the complete range of financial services but with a big difference - the structure is designed to focus on and is responsible to your circumstances. All monies stay here in our own communities working for our mutual economic benefit.

One Owner, One Vote
By becoming an owner, you choose to do business with an institution that belongs to you. It’s a better way to handle your finances because you have a voice. Decisions are made based less on corporate profits and more on the needs of owners. As an owner, you are a shareholder and can express your viewpoint and vote at annual general meetings, elect members to the Board of Directors and give your opinion on matters concerning the development of your credit union. Your vote carries the same weight as any other owner's vote.

 

Good Investment

Becoming an owner is a good investment. Your one-time $50* purchase of an Ownership Share, earns you a potential return on your share investment in the form of patronage rebates and distribution (comparable to dividends) and influence on the progress of your business. OMISTA employs over 50 people, all of whom are also OMISTA owners.

 

*If you are under the age of 19, an Ownership Share is just $5. An ownership share entitles you to vote at our annual or special meetings and to use all the services offered by OMISTA.



Because you’re an owner, understanding you is important to us. Understanding you means that we are committed to providing you with the products, services and information that will help you reach your life goals. It’s a better way because after all, you are our most important asset.

 

 

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