Meridian Credit Union

Avg. Rating: 5.0 (1 review)

Meridian is Ontario’s largest credit union, helping more than a quarter of a million Members grow their lives and businesses. Meridian combines exceptional Member service with a full range of products and services such as telephone, mobile and online electronic banking services that allow Members to securely access their money anywhere, anytime.

Meridian Credit Union offers personal mortgages and small business banking products to Ontario residents only.

  • TIME IN BUSINESS: Founded in 2005
  • # OF CUSTOMERS: OVER 10,000
  • LOANS OFFERED: Mortgages, Business Savings Account, GIC's


C/O Collabria PO Box 82029 RPO Connaught Calgary, Alberta T2R 0X1
Call Center: Monday to Friday: 8:00 AM –
12:00 AM EST
Saturday: 8:00 AM – 8:00 PM
Sunday: 12:00 PM – 4:00 PM
Support Offered:
  • Email Support
  • Call Centre
Availability: Ontario Only

Products Offered

Below are all the products offered by this company.

Product Types

1. VARIABLE RATE MORTGAGE: 5-Year Closed High Ratio.



4. FIXED RATE MORTGAGE: 5-Year Closed High Ratio








Tools & Resources

Meridian’s Mortgage and Loan Calculator shows much you can save by changing your payment frequency or making extra payments, as well has helping you understand how much you can afford for your new home.

Frequently Asked Questions About Meridian Credit Union

What is Meridian Credit Union?

Meridian Credit Union is the largest credit union in Ontario and the third largest in Canada. It provides services to over 340,000 members and has over $21.3 billion in assets under management. Meridian Credit Union offers both personal and commercial banking services.

Is Meridian Credit Union Safe?

Meridian Credit Union is the third-largest credit union in the country, so there is no doubt about its legitimacy and safety. Also, all your deposits with the credit union are insured. Meridian Credit Union was founded in 2005 and has over 10,000 customers. Meridian Credit Union is also secured by Entrust SSL to ensure your data is secure and never shared.

What Products and Services Does Meridian Credit Union Offer?

Meridian Credit Union offers savings accounts, chequing accounts, investing 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.

How Much Can I Borrow from Meridian Credit Union?

The amount you can borrow from the Meridian Credit Union 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.

What Is the Interest Rate on a Meridian Credit Union Loan?

You can apply for a mortgage from Meridian Credit Union: Variable rate: 2.55% for a 5-year closed mortgage Fixed rate: 2.94% for a 5-year closed mortgage and 2.49% for a 5-year closed mortgage with a high ratio. 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.

What Is the Term Length for a Meridian Credit Union Loan?

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

How to Qualify for a Meridian Credit Union Loan?

Meridian Credit Union offers a wide range of financial products and loans and qualification criteria varies for each loan type. You can apply for any of their loans through Meridian Credit Union's website. They'll analyze your loan requirements, along with other factors, and provide a solution accordingly.

Can I Apply Online for a Meridian Credit Union Loan?

You can apply online for most of Meridian Credit Union's financing products. If you are interested in face-to-face banking, visit any of their branches or speak with their customer support over the phone.

How Fast Can I Get a Loan from Meridian Credit Union?

Loan processing and disbursement timelines vary across different lending solutions. Speak with Meridian Credit Union's online support today to find out more.

How Will Meridian Credit Union Send Me the Loan?

Meridian Credit Union supports all the standard methods for loan disbursement. You can choose a method that suits your requirements.

How Does Loan Repayment Work at Meridian Credit Union?

Meridian Credit Union provides comfortable repayment terms with all of their loans. You can get flexible prepayment terms with your mortgage, including 20% lump sum payment every year, the ability to increase principal and interest payments on your mortgage and even defer a single payment every year.

Which Provinces Is Meridian Credit Union Available in?

Meridian offers its services across Canada.

What Kind of Customer Support Does Meridian Credit Union Offer?

Meridian Credit Union provides email, phone, and branch support to its customers.

What are Meridian Credit Union Working Hours?

You can contact Meridian Credit Union by phone weekdays, Monday through Friday from 8AM to 12AM EST, Saturday 8AM to 8PM, and Sunday from 12PM to 4PM EST.

Meridian Credit Union Reviews

Avg. Rating: 5.0 (1 review)

Have been dealing with meridian credit union for years, very happy with the service


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