Credit and Investment Committee

Meridian’s Credit and Investment Committee is responsible for providing strategic oversight to Meridian’s investment portfolio, monitoring compliance with our policies; and providing strategic oversight and monitoring compliance with Meridian’s credit risk management policies and DICO standards. In addition, the committee is responsible for the review and approval of credit transactions for Meridian’s restricted parties.

This includes

  • Ensuring policy oversight of credit, investment and asset/liability risks for acceptable levels and compliance with regulations
  • Reviewing and approving individual connected and restricted party credit applications
  • Overall, providing strategic oversight with the view to ensuring that the Board policies the Committee is accountable for accomplish the dual objectives of supporting Meridian’s Strategic Plan while at the same time maintaining compliance with regulatory requirements and the Board approved risk appetite

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Meridian Credit Union