Roles and Responsibilities

Meridian's Board of Directors is elected by Meridian's Members to represent all Members. It is committed to the highest standards of Corporate Governance in order to demonstrate our stewardship to Members, employees and the communities we serve.

The Board sets policies and governs activities according to the Credit Unions and Caisses Populaires Act, 1994 and Meridian's By-Laws.  

The Board works closely with Senior Management to set and monitor Meridian’s performance and direction, ensuring that the Vision, Mission and Values are clearly in focus at all times.

The Board's specific duties include

  • Establishing strategic direction and performance expectations
  • Hiring, delegating authority to and assessing the performance of the President & Chief Executive Officer
  • Monitoring Meridian's performance and approving the financial plan
  • Communicating with Members and Stakeholders, and providing leadership by supporting and promoting Meridian
  • Monitoring and ensuring appropriate and effective Governance of Meridian, including development of directors

We want to hear from you

As a Member-owner of Meridian you have a say in how we run things.  We truly value your input and encourage you to ask questions and provide your feedback.

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Meridian Credit Union