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Meridian's response to COVID-19

Get in touch

The average wait time for our Contact Centre is currently about 8 minutes. Thank you for your patience.

Latest updates from Meridian

March 23, 2020 - Some branches temporarily closed

We are temporarily closing some of our branches to help our employees and Members stay healthy. We are confident that through other branches, our Contact Centre, online banking, and our mobile app, we can continue to deliver the exceptional service Meridian is known for. Check on the status of your local branch.

March 19, 2020 - A Message from Meridian CEO, Bill Maurin

Read the video transcript


March 17, 2020 - Changes to branch hours

Get the latest information about our branch hours and the measures we are taking to keep these locations safe for our Members and employees. Read more

March 14, 2020 - A letter from Meridian CEO Bill Maurin

Ways to bank

Online banking

Keep track of your accounts and spending, pay bills, transfer funds using Interac e-Transfer and Money Mover, open new accounts, and more.

Learn more and sign in

Mobile app

Get alerts, save money with Price Drop, pay bills, transfer funds using Interac e-Transfer and Money Mover, and more.

Learn more and download


Get free access to your money anytime, anywhere, on THE EXCHANGE Network® – one of Canada’s largest ABM networks.

Find an ABM

Contact Centre

For help or advice get in touch with the Contact Centre at 1-866-592-2226. Get an update on call wait times.

To request to skip a payment, call 1-833-754-0045 (Open 8 a.m. to 6 p.m. Monday to Friday).

Frequently asked questions

Questions about safety measures for Members and employees

  • What is Meridian doing about COVID-19 to help keep employees & Members safe?

    We are monitoring the situation closely and following guidelines from government and public health authorities. As the situation evolves, we are making decisions about reducing branch hours, limiting access, and closing branch locations if necessary.

    Keep checking this page for the latest information. We thank you for your patience as we work together though this difficult situation.

  • How are branches and ABMs being cleaned?

    In keeping with public health recommendations, we are cleaning and disinfecting branches and corporate offices with greater frequency. Employees at branch locations will ensure that surfaces and high traffic areas are clean, including our onsite ABMS, with alcohol-based sanitizer at the ready wherever possible.

Questions about where and how to bank right now

  • How can I do my banking if I'm at home, or branches are closed?

    There are plenty of ways to bank with us. Our online, mobile, and ABM channels are available 24/7, and our Contact Centre is open to assist you every day from 8 a.m. to midnight. We appreciate your patience, as we know that wait times are longer than usual right now.

    Download the mobile banking app here. To sign in to online banking, go to Meridiancu.ca.

    If you haven’t signed up for online or mobile banking yet, simply call the Contact Centre at 1-866-592-2226 and one of our representatives will be happy to help you register.

  • I want to make sure that I’m getting any emails Meridian sends about COVID-19. What should I do?

    Make sure that you have a current email address listed in your contact information.

    From online banking:

    1. Select “Settings”

    2. Scroll to Profile Setting to see your Contact Info

    3. Select the Edit button to update your Contact Info

    If you are registered for the mobile app we already have your email. If you haven’t signed up for online or mobile banking yet, simply call the Contact Centre at 1-866-592-2226 and one of our representatives will be happy to help you register.

Questions about mortgage payments

  • Why is Meridian raising mortgage rates when the Bank of Canada just decreased rates?

    During this extremely volatile rate environment governments and financial institutions around the world, including the Bank of Canada, are working to find a balance that will allow for sustainability. When the Bank of Canada’s rates fluctuate, so do the rates of all financial institutions, including Meridian. When we adjust mortgage rates, we do so in response to the overall rate environment, in the collective effort to achieve stability.

    We always monitor the rate environment very closely, and we have increased these efforts to ensure that we’re responding appropriately to changes. We are also examining our other financial products, looking for favourable changes we can make to help our Members during this time.

    We remain competitive and focused on the financial well-being of our Members and community.

    Fixed-rate mortgages
    If you have a fixed-rate mortgage with Meridian, you will continue to get the rate you received when you signed up, for the length of your mortgage term.

    Variable-rate mortgages
    If you have a variable-rate mortgage with Meridian, your rate will change in response to changes we make to our variable mortgage rate.

    As always, changes to our posted mortgage rates only apply to new mortgage applications and renewals including refinancing. If you have any questions, please get in touch with us.

  • Should I skip a mortgage payment?

    This option is available to you; however, if you can make your current mortgage payment, you should. Paying off your debt is always going to be better for your finances overall. Our skip-a-payment feature is intended to help you if you are incapable of making a payment due to financial difficulties arising from a crisis or emergency.

  • What’s the financial impact of skipping a payment?

    When you request to skip a payment you are deferring payment, not subtracting it from the total you owe. Instead, you make an additional payment later, so your amortization period increases. This includes any property taxes that may be included in your payment.

  • Do I qualify to skip a mortgage payment?

    If you have a mortgage with Meridian, and you have made at least one payment, you are eligible to take advantage of our skip-a-payment feature. This includes mortgages on rental properties.

    Interest-only construction mortgages are not eligible for the skip-a-payment-feature.  

  • How do I request to skip a payment?

    To request to skip a payment, call 1-833-754-0045 (Open 8 a.m. to 6 p.m. Monday to Friday). We have several options available so that you can authorize the request without visiting a branch.

Questions about security and fraud prevention

  • Everything is so uncertain. Is it still safe to keep my money at Meridian?

    Yes. Your money is safe and Meridian is secure. As a regulated financial institution, deposits at Meridian are guaranteed up to $250,000 per separate deposit through the DICO (Deposit Insurance Corporation of Ontario). This coverage protects deposits in chequing and savings accounts, term deposits and guaranteed investment certificates (regardless of the term length), money orders, bank drafts, funds in transit and index-linked term deposits (principal portion only).

    Read more about DICO


  • Is there an increased risk of fraud as a result of COVID-19?

    The risk of frauds and scams is ever-present and fraudsters always take advantage of any opportunity, particularly when people are in a vulnerable state, like now. We have become aware of a number of new fraudulent schemes seeking to exploit the COVID-19 pandemic, including fraudulent websites asking for donations to support those impacted by the virus. Always verify a charity through a reputable source and conduct your own due diligence to make sure they are legitimate before you make a donation.

    You can help protect yourself by being continuously mindful of phishing scams, protecting and limiting the sharing of your personal information, and taking protective measures such as having an up-to-date operating system and anti-malware software. Read more about protecting yourself from scams and fraud related to COVID-19

  • Is my money safe from fraud?

    Meridian’s Fraud Management team is fully operational. We take the security of our Members very seriously and we have a robust fraud-monitoring program in place to protect Meridian and our Members.

Questions about travel

  • What can I do about travel that I have already booked? Am I covered?

    Meridian partners with two insurance companies, Desjardins Financial Security and Allianz Global Assistance.

    Desjardins Financial Security has provided general guidelines for cardholders relating to the COVID-19 outbreak and travel insurance cardholder coverage. Learn more 

    Allianz Global Assistance has provided an update about their travel insurance here

We're here to help - get in touch

If you have any questions, please reach out to us. You can call your local branch to speak to an advisor, or call our Contact Centre to talk to a representative.