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Meridian Credit Union Announces Increased Reward in Pickering Bank Robbery Case


Toronto, ON — Meridian, in a collaborative effort with the Durham Regional Police Service and Crime Stoppers, has announced an increase in the reward for information leading to the arrest of the suspects involved in the armed robbery at its Kingston Road branch in December of 2022. 

Background of the Incident:
On December 8, 2022, two male suspects, armed with handguns, executed a robbery at the Meridian branch on Kingston Road, Pickering. The suspects coerced employees into the vault and fled with a significant amount of cash. This incident has prompted a rigorous investigation by the Durham Regional Police Service, alongside efforts from Meridian to ensure the safety and well-being of its employees and Members.

Increased Reward for Information:
Meridian is deeply committed to the safety of its community and the resolution of this crime. In an effort to encourage public participation in this ongoing investigation, Meridian is increasing the Crime Stoppers reward offering from $30,000 to $50,000.

Security Enhancements:
The safety and security of its employees, Members, and communities is Meridian’s top priority. As a result, Meridian has implemented a series of enhanced security protocols that include a reduction to onsite cash holdings and advanced robbery prevention measures. Meridian continues to evaluate additional security enhancements, as appropriate. 

A Call for Community Assistance:
Meridian and the Durham Regional Police Service urge anyone with information, including potential witnesses or those with video evidence, to come forward. Your assistance is invaluable to ensure the safety and security of our community. Individuals looking to share information can contact the Durham Regional Police Service or Crime Stoppers. 

Contact Information:
Durham Police: 905-579-1520, ext. 5355
Crime Stoppers: 1-800-222-8477


About Meridian 
Meridian is Ontario’s largest credit union, and second largest in Canada, with over $30.8 billion in assets under management (June 30, 2023). Guided by our purpose, “helping you achieve your best life,” Meridian delivers personal, business and wealth financial solutions to over 370,000 Members. Our bold Meridian for Good strategy is aimed at helping people get access to the money and advice they need; plan for a better future that is clean, resilient, and diverse; and be financially confident. Meridian has two operating subsidiaries: Meridian OneCap Credit Corp (“MOCC”) and motusbank. For more information, please visit:, follow us on Twitter @MeridianCU or visit us on Facebook.

Meridian is on a journey to advance the Truth and Reconciliation Commission’s goals and assist in achieving the 94 Calls to Action. We respectfully acknowledge that the land on which we gather is the traditional territory of the Anishinaabe and Haudenosaunee. This territory is covered by the Upper Canada Treaties and is within the land protected by the Dish with One Spoon Wampum Agreement. From coast to coast to coast, we acknowledge the ancestral and unceded territory of all the Inuit, Métis and First Nations people across Turtle Island.

We continue to educate ourselves about the history of Indigenous peoples and the discrimination communities continue to experience today.

It is our commitment to play an active role in economic inclusion, creating opportunities and influencing policies to ensure Indigenous communities have access to the financial services they need to meet their goals.

For more information contact:

Laurel Ostfield, Corporate Communications, Meridian 

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.

For permission to republish this content, please contact the Meridian Credit Union Marketing Department at ©️ 2023 Meridian Credit Union