What is Meridian Credit Union?
Meridian Credit Union is the third-largest credit union in Canada and the biggest in Ontario. It’s a full-service financial institution providing banking, lending, and investing services.
What investment accounts does Meridian Credit Union offer?
Retirement Accounts: Meridian Credit Union offers standard investment accounts, including RRSPs and RRIFs. Savings Accounts: For those planning to save for long-term or short-term goals, the union provides TFSAs, GICs, and mutual funds. Education Plans: Meridian Credit Union provides RESPs to its members.
Does Meridian Credit Union have online banking?
Yes, you can bank online with Meridian Credit Union. They have digital banking options that allow you to pay bills, transfer funds, send money, open new accounts and more, to help make banking easier.
How many branches does Meridian Credit Union have in Ontario?
Meridian Credit Union has over 90 branches in Ontario and help more than a quarter of a million members grow their lives and businesses in Canada.
Is Meridian Credit Union non-for-profit?
Yes, Meridian Credit Union does not have public shareholders, and therefore is not-for-profit and more focused on its community. At Meridian, their members are owners, that means that any profit they make, it goes right back into improving their products and services.
Is Meridian Credit Union better than a bank?
Meridian Credit Union offers similar products and services like a big bank, but they advertises that they add a personal touch. They offer community programs and a portion of their profits go toward financial literacy, environmental initiatives and more!
How big is Meridian Credit Union?
Meridian is the third largest credit union in Canada, and the largest credit union in Ontario, serving more than 370,000 members with over $24 billion in assets under management.
Who should use Meridian Credit Union?
Anyone who lives or works in Canada can become a Meridian Credit Union member and benefit from their mobile and online banking services. Meridian Credit Union members have access to one of Canada’s largest ABM networks, can easily open any of their chequing, savings, or GIC accounts, and can secure a mortgage completely online.
How much does Meridian Credit Union cost?
All of Meridian Credit Union’s products and services range in cost, but some pricing listed online include: Mortgages: starting rate is 2.45% (variable rate mortgage), starting rate is 2.39% (fixed rate mortgage), starting rate is 6.30% (open fixed rate mortgage)