Meridian announcements

Meridian today reported its financial results for the year ending December 31, 2023.

Meridian ranked first amongst Credit Unions, third in the Banking and Financial Services industry, and placed 51st out of 300 selected employers.

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.

Meridian maintains its commitment to providing a living wage for its employees by raising the rate it pays to over 400 full-time, part-time, casual and contract employees, in line with the increase recommended by the Ontario Living Wage Network (OLWN).

Small businesses across Ontario submitted proposals to Meridian’s inaugural Eco-Upgrade Contest for a grant to help them go green, with the first and third place winners hailing from London, ON.

Meridian is proud to name Brampton region resident, Yogya Kalra, as the 2023 recipient of the Meridian Sean Jackson Scholarship.

Meridian, Ontario’s largest credit union, is proud to announce a new partnership with TruShield Insurance, Canada’s first direct-to-consumer small business insurance provider.

Meridian Credit Union’s national subsidiaries, Meridian OneCap Credit Corp. and motusbank, have donated $25,000 to the Canadian Red Cross in support of those affected by the wildfires in Nova Scotia.

Meridian, Ontario’s largest credit union, announced today the launch of Invest in Good - Series 23 Class A Shares. Series 23 Shares provide a competitive annual minimum dividend rate of 6.5%* allowing Members to share in Meridian’s growth and success.

Meridian Credit Union’s national subsidiaries, Meridian OneCap Credit Corp. and motusbank, have donated $25,000 to the Canadian Red Cross 2023 Alberta Fires Appeal.