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Savings Services
All account types not currently available at all OMISTA branches.
Please contact your branch for additional details.

Other Resources


FAQ Section
Visit our FAQ section for more information.

Rates
If you are looking for our rates, click here

Financial Planning Tool
You can also click here to access our on-line financial planning tool.

Financial Fitness
Financial advice from OMISTA experts, click here. 

Credit Unions, ATMs & 'Ding Free' ATMs 
To find a list of Credit Unions, ATMs & 'Ding Free' ATMs please click here

Need more answers?

Visit our contact page and submit your question through the "Who can help me?" link or call one of our financial experts at any of our five branches.

Building a nest egg? OMISTA's Savings Accounts offer competitive interest and let you reach your savings goal at your own pace. The money in your interest bearing savings account grows without risk because your deposits are protected by deposit insurance.

Investment Savings
SmartSAVE
High Interest eSavings
Tax Free Savings Account
Tax Account
US Savings
What's Up? Savings


Investment Savings Account*

The rate of return on this account has historically outperformed all of our other regular savings accounts. The interest rate is based on OMISTA Credit Union's performance throughout the year. It's your way of sharing in your Credit Union's profits!

  • Interest calculated on your minimum monthly balance, paid annually
  • Average rate of interest paid in recent years is 2.25%

*Please note that this account can not be opened on-line as the interest rate is based on OMISTA's performance over the entire year.

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SmartSAVE Account

Maximize interest on savings through a SmartSAVE account. The SmartSAVE six-tiered interest structure maximizes interest as your savings grow. The higher your account balance, the higher the rate of return on your money.

  • No minimum balance required
  • Interest calculated daily on closing balance and paid monthly

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High Interest eSavings Account

Our NEW High Interest eSavings account has a high rate of return! This account is a great option for all owners who frequently roll over their money into short term deposits. Please visit our rates section or contact an OMISTA expert for more details.

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Tax Free Savings Account

The new Tax-Free Savings Account (TFSA) is a flexible, registered general purpose savings vehicle that allows Canadians to earn tax-free investment income to more easily meet lifetime savings needs. Contributions are not tax-deductible.

The TFSA complements existing registered savings plans like the Registered Retirement Savings Plans (RRSP) and the Registered Education Savings Plans (RESP).

Features of this new registered product:

• Available to Canadian residents age 18 and older

• Contributions will not be tax deductible

• Contributions may only be made by the owner

• Income earned and capital gains under a TFSA will be tax sheltered

• Withdrawal of contributions and/or income will not be subject to tax

• Maximum contribution limit for 2009 will be $5,000.

• Unused contribution room may be carried forward and contributed in a future year

• Withdrawals (capital and income) will increase the unused contribution room

• Unused contribution room will be reported on the annual CRA Notice of Assessment

 

OMISTA Credit Union offers a choice of Tax-Free Savings Accounts. Visit your nearest branch or contact us for more information.

Looking for more ways to save tax? Visit our Investing section to learn more about Retirement planning and RRSPs.

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Tax Account

An OMISTA Tax Account helps alleviate the burden of paying property taxes by including it in your mortgage payment. The property tax is calculated on a monthly basis and is added to the mortgage payment. The tax portion of the mortgage payment is automatically deposited to the Mortgage Tax Account. When property taxes come due, visit one of our branches to make your payment.


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US Daily Savings Account**

This U.S. currency account allows you to take advantage of the best exchange rates throughout the year. When you're ready to travel your U. S. dollars are waiting in your account.

  • Flexibility to access your funds when needed
  • Interest calculated daily and paid monthly

**Please note that account can not be opened on-line.

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What's Up? (no monthly fee*) - Chequing or Savings

You have new opportunities to face everyday with school, home, work or your social life. OMISTA Credit Union offers you a simple solution to meet your banking needs.

    

     UNLIMITED In-branch withdrawals & deposits
     UNLIMITED On-line Banking
     Interest earned on What's Up Savings

 

The first 6 transactions** per month from these categories are included:
     Credit Union ATM withdrawals
     Debit Card purchases

*Transactions in excess of plan amount will be charged our standard pricing.

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Wise Financial Guidance to Empower you

That's our difference. Every OMISTA Credit Union product, from mortgages to chequing accounts, comes with wise financial guidance. OMISTA's Financial Service Experts provide solutions to empower you to make the best decisions for your financial future. Everyone gets an expert (Not just the rich and famous).

We’d love to hear from you, so feel free to pick up the phone or head to the branch to speak with an expert today.


 
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