Meridian welcomes provincial budget initiatives to improve financial literacy

Better life for young people will come through better knowledge of how to handle money

TORONTO (March 29, 2011) – Initiatives in the provincial budget to improve financial literacy among young people are important in helping to ensure that they will have better lives, according to Meridian Credit Union President and CEO Sean Jackson.

“As Ontario’s largest credit union, we strongly believe that understanding how to budget and handle money is the key to financial security and a happier life. We believe that it’s important to develop this understanding at a young age and we fully support budget initiatives to help students learn basic financial skills,” Jackson said.

Meridian, Ontario’s largest credit union with more than 220,000 Members, is committed to improving financial literacy and providing Members and future Members with the information they need to make the right decisions about money.

“The budget commitment to provide new financial literacy resources to teachers from Grades 4 to 12 will certainly be a significant help in reaching a goal that we, as a credit union, fully support,” Jackson said.

About Meridian Credit Union

Meridian is Ontario’s largest credit union, serving more than 263,000 Members in communities across south central Ontario. With more than $8 billion in assets under administration and over 65 years of banking history, Meridian delivers a full range of financial services, solutions, and advice tailored to meet each Member’s individual needs, including access to The Exchange® Network with more than 2,400 no-fee ABMs in Canada. Membership in Meridian is open to anyone looking for a financial services provider with a local, community focus that offers a viable alternative to traditional banking options.

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For more information call:

Diane Medeiros
Manager, Media and Stakeholder Relations
Meridian Credit Union
(416) 597- 4444, ext. 2667
diane.medeiros@meridiancu.ca

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