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WHAT IS THE NEW TO CANADA PROGRAM?


As you begin your new life in Canada, you’re sure to have questions about building your credit, borrowing money, saving your money and sending it back home to family. At Meridian, we can answer these questions and start you on the road to a successful and secure financial future in Canada.

Just like a bank, Meridian offers products and services like savings and day-to-day accounts, credit cards, loans, mortgages and more. But we’re better because we’re owned by our customers who are Members of Meridian. And we are different than banks because we put people before profits, meaning we can take our profits and return them to you in the form of better products and services, so you always get the best from us.
 


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We'll help you establish a Canadian credit rating - making it easier to apply for a credit card, loan or mortgage.


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You'll be able to save money with high rates on savings accounts and low rates on money that you borrow.


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Send and receive money to and from your family abroad.


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Set up savings for your family and make a plan for investing in your children's education.


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Once you have a credit rating, we'll help you secure a mortgage on your first home.


IS THE NEW TO CANADA PROGRAM FOR YOU?


New to Canada eligibility is determined by the length of time you have been living in Canada (less than 3 years) and proof of immigrant status. Conditions apply. Please contact us for details.

New Canadians who become Meridian Members can receive up to $2,000 in savings with these special offers and rates:


Free chequing account for up to 36 months – includes unlimited withdrawals*


One free incoming and one free outgoing wire transfer per month


No annual fee on Meridian Visa Credit Cards


$500 rebate with a new mortgage or for transferring a mortgage to Meridian


Free cheques and no-fee safety deposit box for up to 36 months


Preferred interest rates on a variety of products and services



To learn more about Meridian’s New to Canada Program,
visit one of our 90 branches across Ontario or call our friendly Contact Centre at 1-866-592-2226.


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FAQ


  • Is it safe to deposit my money at Meridian?

    Absolutely! We have over 300,000 customers, who are known as Members of the credit union, 95 branches and all insurable non-registered deposits are covered up to $250,000 by DICO. Insurable deposits in registered accounts have unlimited deposit coverage.
     


  • Why choose a credit union over a bank?

    Both credit unions and banks in Canada offer similar products and services, including savings and chequing accounts, credit cards, loans, mortgages, investment products, and access to online and telephone banking. So what makes credit unions like Meridian different? We are owned by our Members, not shareholders, which means we put people before profits, and that means we can take our profits and return them to you in the form of better products and services, so you always get the best from us. We’re also community focused and our employees can make decisions for you on the spot in-branch.


ABOUT US

Meridian is one of Canada's largest credit unions, helping more than a quarter of a million Members grow their lives and their businesses. Just like a bank, Meridian offers products and services like savings and chequing accounts, credit cards, loans, mortgages and more. However, because we’re owned by our Members, we put people before profits and, when we do make a profit, it’s shared with Members in the form of lower rates and other great offers.

Over 90 branches
1-866-592-2226

*Free Chequing Account for up to 36 months includes unlimited free withdrawals, deposits, transfers, purchases, electronic transfers and foreign and domestic ATM access.