Directors are elected by OMISTA’s members. Each Director holds office for up to three years and may serve a cumulative maximum of nine consecutive years, as outlined in OMISTA’s By-Laws.
To be eligible, a candidate must:
- Be a citizen of Canada and 19 years of age or older
- Be a member of OMISTA Credit Union in good standing
- Meet the requirements set out in OMISTA’s By-Laws
A Director cannot be:
- An undischarged bankrupt
- An employee, or the spouse of an employee, of OMISTA Credit Union, Atlantic Central, or the New Brunswick Credit Union Deposit Insurance Corporation
- An auditor of the Credit Union or a member of the auditor’s firm
- A solicitor of the Credit Union
- A person employed in the civil service whose official duties relate to credit unions
- A person without the written approval of other Directors who has a loan in arrears (more than three months)
- A person whose loan with the Credit Union is more than six months in arrears






