OMISTA Credit Union

Choose a fixed rate from one to five years or a market driven option by selecting a variable rate or Indexed Linked plan. Our Investment experts will help you choose the options best for you. We're flexible. If your needs change, we'll be happy to adapt your investment option to suit your new situation.

RRSPs are available to any income earner subject to Canadian taxation, including non-residents, providing they are less than 71 years of age in the year the tax deduction is to be made.

Maximum contribution as set by CRA
Contributions are tax deductible and earned income is tax sheltered

Deposit Protection
Your deposits are protected and insured up to $250 000 per account through The New Brunswick Credit Union Deposit Insurance Corporation (NBCUDIC) That's peace of mind you can count on as you set your retirement goals and watch them become reality at OMISTA. A peace of mind only offered within the Credit Union system.

Why Contribute to an RRSP?

How can I Save for an RRSP?

Types of RRSPs Available

Benefit From Professional Advice

For most savers, current work & family commitments do not leave time to adequately manage your investments. This can be a full time job on its own. If so, you should be seeking professional advice to make sure that your retirement plans are on track. An educated professional advisor deals with these issues daily, and stays in touch with the strategies that can help you make the most of all your investments including your RRSP’s.

Find an advisor that you feel comfortable with and which you have developed some trust in. The recommendation of a satisfied friend or associate goes a long way to help you find such an advisor. You will want to know about the advisor’s credentials. Furthermore, you will want to look for someone who will also help you develop an overall plan and not just select investments for you.

It is also important to determine how your advisor is compensated. Some charge fees, and some are compensated based on commission on a product they sell you, some strictly earn a salary. Once you have selected your advisor, make sure you review your progress with him or her at least on an annual basis.

Wise Financial Guidance To Empower You

We would be happy to provide financial guidance. For more information on any of our investment options, you can meet with an OMISTA Expert at any of our three branches, or your Credential Financial Strategies Inc. Representative Ozzie MacKay. To develop an investment portfolio that meets your needs and objectives, you can meet with Ozzie MacKay, our Credential Financial Strategies Representative. He can explain your options and design the most cost effective plan for you.

Credential Financial Strategies Inc. is a member company under Credential Financial Inc., offering financial planning, life insurance and investments to members of credit unions and their communities. ^®Credential is a registered mark owned by Credential Financial Inc. and is used under licence.