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Gary Genik Announces His Retirement


Toronto, ON, March 14, 2022 – Gary Genik, Special Advisor, Meridian announced his intention to retire from the organization effective May 31, 2022.

He leaves Meridian with a long list of accomplishments that have significantly contributed to the organization’s strong growth trajectory, market leading digital innovations and product service offerings.

Some of his many accomplishments include:

  • Integration of former Ontario Desjardins Credit Union branches into our network.
  • Multiple banking system integrations including the launch of Encore.
  • Leading the multi-year technical build and market launch of motusbank.
  • Introducing a new and unique value proposition for our Wealth Management line of business that is now delivering market leading growth.
  • Leading integration of Roynat Lease Finance into Meridian operations and the creation of Meridian OneCap.
  • Build and launch of Meridian’s market leading digital platform.

“I want to thank Gary for his significant contributions. During Gary’s tenure, none has been more challenging than the last two years. On behalf of the Executive Leadership team, Members and all employees, thank you for shepherding us through a time of significant transition with a relentless focus on better serving our Members/customers and keeping them and our employees safe,” said Jay-Ann Gilfoy, President & CEO, Meridian.

“Gary has been a key contributor to both Meridian’s unique culture, and dedicated champion on improving our Member experience,” added Board Chair, Karen Farbridge.

Gary has also played a key support role in a number of CU sector organizations, including the Ontario Large Organization of Credit Unions, the national LCUC CEO Payments Committee, and the LCUC CIO group through which he contributed to the implementation of a first-in-Canada mobile payments and remote mobile cheque deposits services.

“I am thrilled to have been part of building and growing such an exemplary organization and being part of the Canadian co-operative and credit union system. It has truly been the highlight of my career in financial services,” said Genik.


About Meridian
We acknowledge the land on which we operate is the traditional territory of many nations including the Mississaugas of the Credit, the Anishinaabe, the Chippewa, the Haudenosaunee and the Wendat peoples.

With more than 75 years of banking history, Meridian is Ontario's largest credit union, and second largest in Canada, helping to grow the lives of 365,000 Members. Meridian has $28.3 billion in assets under management (December 31, 2021) and delivers a full range of financial services online, by phone, by mobile and through a network of 89 branches across Ontario, and business banking services in 15 locations. Meridian cardholders also have access to over 43,000 surcharge-free ABMs in North America with THE EXCHANGE® Network and the Allpoint Network in the US. For more information, please visit:, follow us on Twitter @MeridianCU or visit us on Facebook.

For more information, call:
Scott Windsor, Vice-President Corporate Communications

Meridian Credit Union communications are intended for informational purposes only and do not constitute financial advice or an opinion on any issue. We would be pleased to provide additional details or advice about specific situations if desired.

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