Mosaik Credit Union
This Page's Content Was Last Updated: July 21, 2026
Credit Union
Mosaik
Mosaik Credit Union is a credit union located in Nova Scotia. It was founded in 2025 through the merger of Community Credit Union, New Ross Credit Union and and Victory Credit Union. It primarily serves Cumberland, Colchester, Hants and and Lunenburg counties.
Mosaik Credit Union was formed on January 1, 2025, through the merger of Community Credit Union of Cumberland Colchester, New Ross Credit Union, and Victory Credit Union. Members of the three Nova Scotia credit unions approved the merger in 2024, and the Mosaik name was adopted after the amalgamation.
Headquartered in Truro, Mosaik serves communities across Cumberland, Colchester, and Lunenburg counties. It offers personal and business banking, borrowing, mortgages, investments, and related financial services.
Mosaik operates as a member owned cooperative governed by directors elected by its members.
Provinces served
Chequing and Savings Accounts
The account-related data on this page was last updated on July 20, 2026.
Chequing Accounts
Chequing Account
1. Account: Core
- Standard Fee
- $5.00/mo
- Free Transactions
- 15
- Insurance Limit
- $250,000 per category
Account details
- The monthly account fee is waived if you maintain a minimum balance of $4,000 in your account.
- The account fee may be waived for students and youth.
- The account fee might be waived for seniors.
- This account allows 15 free transactions.
- Mosaik's low-fee spending account for members with limited monthly activity, bundling 15 standard transactions that cover Interac e-Transfers, online transactions, cheques and pre-authorized debits, credit union ATM use, debit purchases, bill payments, and in-branch cash withdrawals in one shared pool. Free online statements are included, and the monthly fee is waived entirely with a $4,000 minimum balance, for seniors 60 and over, or for youth 24 and under.
Deposit Insurance
Deposits are insured by the Nova Scotia Credit Union Deposit Insurance Corporation (CUDIC). "Category" generally means separate coverage for each account type, such as individual, joint, trust, and each registered plan, though exact definitions vary slightly by province.
Chequing Account
2. Account: Premium
- Standard Fee
- $25.00/mo
- Free Transactions
- Unlimited
- Insurance Limit
- $250,000 per category
Account details
- The monthly account fee is waived if you maintain a minimum balance of $5,000 in your account.
- This account allows Unlimited free transactions.
- Mosaik's top-tier spending account, offering unlimited standard transactions along with things every other tier charges for: unlimited Interac and international ATM withdrawals, unlimited official cheques and bank drafts, and waived fees on certified cheque withdrawals and in-branch statements. The monthly fee is waived with a $5,000 minimum balance, and drops to $20 for seniors 60 and over or $10 for youth 24 and under.
Deposit Insurance
Deposits are insured by the Nova Scotia Credit Union Deposit Insurance Corporation (CUDIC). "Category" generally means separate coverage for each account type, such as individual, joint, trust, and each registered plan, though exact definitions vary slightly by province.
Savings Accounts
Savings Account
Account: High Interest Savings (HISA)
- Interest Rate
- 0.60%
- Standard Fee
- Free
- Insurance Limit
- $250,000 per category
- A flexible savings account paying a higher rate than Mosaik's other savings options while keeping your funds reachable whenever you need them. There's no monthly fee, and online transfers to your other Mosaik Credit Union accounts are unlimited and free, making it easy to move money into a spending account when you need to use it.
Deposit Insurance
Deposits are insured by the Nova Scotia Credit Union Deposit Insurance Corporation (CUDIC). "Category" generally means separate coverage for each account type, such as individual, joint, trust, and each registered plan, though exact definitions vary slightly by province.
Credit Union Overview
| Metric | 2025 | 5-Year Change |
|---|---|---|
| Assets | $353M | N/A |
| Loans | $269M | N/A |
| Deposits | $332M | N/A |
| Mortgages + HELOCs | N/A | N/A |
| Revenue | $13M | N/A |
| Efficiency Ratio | 93.1% | — |
| Members | ~14,000 | — |
| Branches | 9 | — |
| Target Members / Region | Cumberland, Colchester, Hants, and Lunenburg counties | — |
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Contact
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