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Board Nominations are Open!

Now accepting nominations to join OMISTA’s Board of Directors for 2026
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Message from the Nominating Committee Chair

Dear OMISTA Credit Union Member,

On behalf of the Board of Directors and the Nominating Committee, thank you for your interest in serving as a Director of OMISTA Credit Union. Your consideration of this important leadership opportunity reflects your commitment to the cooperative principles that guide our organization and to the financial well-being of our members and communities.

Each year, OMISTA Credit Union seeks engaged and qualified members to serve on our Board of Directors. The Board provides strategic direction, oversees governance, and ensures that OMISTA continues to operate with integrity, accountability, and in the best interest of our members. Directors play a vital role in maintaining the strength and sustainability of our credit union, helping us make a positive difference in the lives of our members and the communities we serve.

In 2026, there are three positions open for election, each carrying a three-year term.

Below you'll find details about the nomination and election process, the responsibilities and expectations of Directors, and the qualifications required to serve. We encourage you to review this information carefully. Serving on the Board is both a privilege and a significant responsibility - one that offers the opportunity to contribute meaningfully to the ongoing success of OMISTA Credit Union.

If you have any questions about the process or wish to discuss your interest further, please contact the Nominating Committee at boardnominations@OMISTA.com

Thank you for considering this opportunity to serve. Your involvement helps ensure that OMISTA remains a member-driven, values-based organization for years to come.

Sincerely,

Rayanne Brennan
Chair, Nominating Committee
OMISTA Credit Union

 

Nominating Committee Members:

  • Rayanne Brennan, Chair
  • Pat Duffield
  • Linda Schofield
 

Nomination and Election Process

Open Positions: 3
Term: 3 years each (maximum of 9 consecutive years)
Deadline to Apply: 5 PM, November 28, 2025
Election: Conducted electronically before the 2026 Annual General Meeting

Key Dates
  • Call for nominations: November 2025
  • Close of nominations: November 28, 2025
  • Candidate interviews: January 12-15, 2026
  • Candidate profiles posted on OMISTA.com and in branches: February 13, 2026
  • Electronic voting period: February 16, 2026 - March 6, 2026
  • Candidates informed of election results: March 13, 2026
  • Board orientation for successful candidates: March 21-29, 2026
  • Election results announced at the AGM: April 23, 2026
To apply, please complete and submit your online nomination package no later than 5 PM, November 28, 2025.
 

About OMISTA Credit Union

Founded in 1938, OMISTA Credit Union has grown from a small cooperative into one of New Brunswick’s leading member-owned financial institutions. With branches in Moncton, Fredericton, and Oromocto, comprehensive online services, and a locally based contact centre, OMISTA serves members across the province and beyond.

As a full-service financial cooperative, OMISTA provides personal and business banking, lending, investment, and financial solutions - all guided by a deep commitment to supporting members’ financial success and well-being.

Our Purpose

We care for members and empower them to succeed.

Our Mission

We simplify the banking experience by providing honest advice and exceptional service so that dreams can be achieved.

Our Vision

We prove that where you bank can change everything.


As a Certified B Corporation, OMISTA meets rigorous standards of social and environmental performance, accountability, and transparency, reflecting our deep commitment to balancing the interests of our members, employees, community, and environment.

OMISTA manages approximately $430 million in assets and serves approximately 10,000 members. Profits are reinvested locally to support members and strengthen the communities we serve. Through education initiatives, partnerships, and local investment, we demonstrate that where you bank truly can change everything.


Your Opportunity - Board Nomination Package

As a Director, you’ll help shape OMISTA’s strategic direction and ensure our credit union continues to thrive for the benefit of our members and communities. Your insight and leadership will sustain OMISTA’s legacy of responsible growth and cooperative values for generations to come.

 

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

The OMISTA Board reviews its skills annually to identify gaps and guide recruitment. For 2026, we are particularly seeking nominees with expertise in:

  • Information technology, artificial intelligence, or cybersecurity
  • Financial regulation and compliance
  • Law and governance

Directors must be comfortable using digital tools to access meeting materials, participate in virtual meetings, and communicate electronically.

The Board of Directors governs OMISTA Credit Union by providing oversight, strategic guidance, and accountability. Directors are responsible for:

  • Approving and monitoring OMISTA’s Mission, Vision, and Code of Ethics
  • Contributing to and approving the strategic plan, including risk oversight
  • Ensuring systems are in place to manage key organizational risks
  • Selecting, evaluating, and supporting the CEO
  • Monitoring progress toward strategic and business objectives
  • Establishing strategic policies and approving budgets
  • Assuring stakeholders of OMISTA’s financial integrity
  • Maintaining confidentiality of Board business and decisions
  • Reviewing and updating Board responsibilities annually
Directors are community leaders and change agents, helping OMISTA evolve, innovate, and serve members with excellence.

Time and Capacity

  • Completion of the Credit Union Director Achievement (CUDA) program within first term.
  • Prepare for and attend all meetings (in person or virtually)
  • Monitor the Board portal and email for timely updates

Teamwork

  • Work effectively within a governance body
  • Respect and support collective Board decisions

Communication Skills:

  • Communicae clearly and professional
  • Ask thoughtful, informed questions
  • Participate actively in meetings
  • Engage electronically when required

Recognizing increasing regulatory expectations and our organization's desire to promote a more inclusive culture representative of the members and communities we serve, OMISTA Credit Union is committed to equity, diversity, and inclusion in all areas of our work. 

No nominee will be denied consideration by reason of race, sex, religion, or affiliation with any group — nor will any nominee be selected solely for such reason.

A Director should possess integrity, openness, sound judgment, and the ability to work productively with others while committing the time and effort required.

Directors receive an honorarium and per-meeting allowance in recognition of their time and contributions. 
Honorarium - $3,965 per year
Per meeting - $275 per meeting

Additional benefits include:

  • A technology honorarium for personal equipment used for Board business
  • Reimbursement for travel, meals, and accommodations while on OMISTA business
  • Coverage of tuition for the Credit Union Director Achievement (CUDA) program
  • Opportunities to attend regional and national credit union conferences
  • Coverage under OMISTA’s Director Liability Policy
Serving on OMISTA’s Board is a rewarding way to give back to your community while building leadership skills and contributing to the success of a member-owned financial institution

Ready to Apply?

Nominations are now open.

Deadline to apply: 5 PM, November 28, 2025
Submit your nomination package online or contact boardnominations@omista.com for more information.

Join us in shaping the future of OMISTA Credit Union — where your leadership can make a lasting difference.

 

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