Meridian Credit Union Review 2026

Meridian is the largest credit union in Ontario and the 2nd largest in Canada. It provides services to over 370,000 members and has over $23.3 billion in assets under management. Meridian offers personal, small banking and commercial banking services.

Meridian is the 2nd-largest credit union in the country, so there is no doubt about its legitimacy and safety. Eligible deposits in registered accounts have unlimited coverage through the Financial Services Regulatory Authority (FSRA). Eligible deposits (not in registered accounts) are insured up to $250,000 . Meridian Credit Union was founded in 2005 and has over 370,000 members. Meridian is also secured by 128-bit SSL to ensure your data is secure and never shared.

Meridian offers savings accounts, chequing accounts, investment services, a mortgage loan, personal loans, line of credit, and home equity line of credit. The credit union also provides banking and financing services to small businesses and corporations.

The amount you can borrow from the Meridian depends on a variety of factors, including your income, credit score, debt-to-income ratio, and term of the loan. You can find out more about it by submitting an application.

The credit union doesn't provide the rates of other loans until you apply. Rates change often, so please check Meridian's website for the latest mortgage rates that they offer.

Meridian offers all the standard loan terms for its various financing solutions.