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Meridian 2025 Annual Report highlights

Meridian for Good

In 2025, we continued to advance our Meridian for Good strategy—the compass that guides our decisions and helps us deliver on our purpose of helping Members achieve their best lives. Our purpose comes to life by providing Members with financial access and advice, strengthening communities, and making choices that consider environmental and social impacts.

A message from leadership

Message from the President & CEO, Jay-Ann Gilfoy

“In uncertain times, Meridian’s 100% Canadian, Member-owned model remains a powerful advantage. Rooted in strong fundamentals and guided by purpose, we will continue to invest in technology, empower our people and focus relentlessly on delivering meaningful value for our Members.”

Read Jay-Ann’s full message

Message from the Former Chair of the Board, Suanne Nielson

“A central area of Board focus in 2025 was supporting Meridian’s evolution toward its long‑term vision as a more agile, digitally enabled, and Member‑centric organization. We believe AI has the potential to enhance—not replace—human relationships when applied with care and purpose.”

Read Suanne’s full message

M stories

Jay-Ann wins 2025 Canada’s Most Admired CEO Social Purpose Innovator Award

This achievement reflects the exceptional leadership Jay-Ann brings to Meridian and the deep commitment she has shown to strengthening our organization’s purpose, people, and long-term vision.

Read the whole story

Jay-Ann Gilfoy, Meridian President and CEO. Waterstone. Canada’s most admired CEO. 2025 Winner.

2025 financial performance and highlights

$27.3 billion

In total assets

$5.7 billion

Assets under administration 

$574 million

In assets under management of ESG and sustainability-linked products

$3.3 million

Invested in non-profit and community investment initiatives

Bringing Meridian for Good to life

Meridian Member, Cher. A smiling woman with long dark hair and a red blouse sits in her home.

Financial advice, insights, and planning

OnYourWay combines free access to new financial planning technology and insights with the support of professional advisors.

Meridian Member, AANIIN. A young Indigenous woman business owner with long brown hair, wearing an AANIIN sweatshirt at her place of business.

Indigenous business and community banking

Creating economic opportunity through partnerships rooted in trust, respect, and sustainability.

Meridian Member, Kendall. A young woman with long blond hair, sits in her kitchen at her laptop.

Enhancing digital experience

Meeting Members where they are, with improved online and mobile banking experiences.

Around here, banking is different

We’re committed to being not just a financial institution, but a partner that genuinely cares about its Members and their communities.