Become a Member

Become a Meridian Member

Build your financial confidence. Live your best life.

Why become a Meridian Member?

Our Members are owners

Our Members are more than customers; as a Member, you are an owner, and you have a say in how our financial institution is run.

“Big bank” products, with a small community focus

As Ontario’s largest credit union, we offer exceptional advice, products, and rates, with a deep commitment to communities.

Commitment to Members, employees, and the environment

We offer Members, employees, and communities a place where diversity is embraced and where integrity, honesty, and respect are encouraged.

How to become a Meridian Member

There are several ways to become a Meridian Member. You can become a Member online when you open an account, buy an investment, or apply for a mortgage. If you’d prefer to speak to someone in person, simply visit a branch in your area. Alternatively, give our Contact Centre a call to get started.

Become a Member online

High Interest Savings Account (HISA)

OPEN A HISA

Explore the HISA account

Earn 2.50% on every dollar, calculated daily, and paid monthly.
No monthly fees and no minimum balance required.
Unlimited free transfers, ABM withdrawals, and point of sale transactions.¹
Access over 43,000 surcharge-free ATMs in North America with THE EXCHANGE® Network in Canada and the Allpoint Network in the US.
Eligible deposits (not in registered accounts) are insured up to $250,000 through the Financial Services Regulatory Authority (FSRA).²

TFSA High Interest Savings Account

OPEN A TFSA HISA

Explore the TFSA HISA account

Tax advantaged saving for the short or long term
Earn 2.50% on every dollar, calculated daily, and paid monthly.
No monthly fees and no minimum balance required.
Eligible deposits in registered accounts have unlimited coverage through the Financial Services Regulatory Authority (FSRA).²

EXPLORE ALL SAVINGS ACCOUNTS

The Essential Chequing Package

OPEN THE ESSENTIAL PACKAGE

Explore the Essential Chequing Package

A great low-fee option for those with modest banking needs
Monthly package fee of just $3
15 self-serve (online) transactions³ per month
5 personal service (in-branch) transactions⁴ per month
4 rebated⁵ Interac e-Transfers® per month

The Unlimited Chequing Package

OPEN THE UNLIMITED PACKAGE

Explore the Unlimited Chequing Package

Unlimited online and in-branch transactions, plus an option to waive the package fee⁶ with a minimum monthly balance
Unlimited self-serve (online) transactions³
Unlimited personal service (in-branch) transactions⁴
Unlimited cheques
99 rebated⁵ Interac e-Transfers® per month

Explore all chequing accounts

1 Year Cashable GIC at 3.25%

OPEN A 1-YEAR CASHABLE GIC

Explore the 1-Year Cashable GIC

Earn 3.25% over 1 year.
TFSA eligible.
Your principal is guaranteed⁷ and deposits are insured by FSRA.²
Cashable at any time with no early redemption penalty fee (no interest is earned if you cash out prior to 91 days) Bundled with a companion Savings Account.
$100 minimum investment required.

18-Month GIC at 5.25%

OPEN AN 18-MONTH GIC

Explore the 18-Month GIC

Earn 5.25% over 18 months.
TFSA and RRSP eligible.
Your principal and returns are guaranteed⁷ and deposits are insured by FSRA.²
Bundled with a companion Savings Account.
$100 minimum investment required.

EXPLORE ALL INVESTMENTS

5-Year Fixed High Ratio Mortgage at 5.64%

APPLY NOW

Learn more

Get a great mortgage with a down payment of less than 20%.⁸
3% Cash Back Program: Stay on top of the additional costs of buying a home. Additional rate premium may apply.
20/20 Payment Privilege: Pay down up to 20% of the original principal balance, per year, without penalty or increase your monthly payment by up to 20% of your original payment plan each year.
120-day rate guarantee: Our 120-day rate guarantee lets you search for your dream home, worry-free.

5-Year Fixed Rate Mortgage at 6.34%

APPLY NOW

Learn more

Own your home sooner with our 5-year fixed rate of 6.34%.⁹
5% Cash Back Program: Stay on top of additional costs when buying a home. Additional rate premium may apply.
20/20 Payment Privilege: Pay down up to 20% of the original principal balance, per year, without penalty or increase your monthly payment by up to 20% of your original payment plan each year.
120-day rate guarantee: Our 120-day rate guarantee lets you search for your dream home, worry-free.

EXPLORE ALL MORTGAGES

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Become a Member at one of our branches

With 90 branches across Ontario, it's easy to find us. If you have questions about Meridian products and services, or you’re looking for advice, visit a location near you. Alternatively, book an appointment with one of our advisors at a time and location that works for you.

Find a branch or advisor

BOOK AN APPOINTMENT

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Call our Contact Centre about becoming a Member

Our helpful Contact Centre representatives are available to answer questions about our products and services and to help you become a Meridian Member. Give us a call anytime from Monday to Sunday: 8:00 AM – 12:00 AM (EST/EDT).

Explore FAQs and more ways to get in touch with us.

CALL US: 1-866-592-2226

More great reasons to bank with Meridian

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Invest in Good with Series 23 Class A Shares

Available to Meridian Members for a limited time. Invest in Good - Series 23 Shares offer a minimum annual dividend rate of 6.50%* and an excellent opportunity to diversity your portfolio. Available for registered (TFSA, RRSP, RRIF) and non-registered accounts.

EXPLORE SERIES 23 SHARES

Switching is easy

Switch to Meridian online in minutes. It’s simple to open an account, transfer your money and direct deposits, and more. Once you’re a Member, you can open new chequing and savings accounts, apply for mortgages and loans, and start investing – it’s fast and convenient and all online.

LEARN ABOUT SWITCHING

Bank any time, anywhere

At Meridian, you can bank the way you want, on your schedule. We offer a full range of digital, in-person, and over the phone banking services. Download our Mobile app for IOS or Android devices, enable two-step authentication, view helpful guides, and more.

EXPLORE BANKING ANYWHERE

Already a Member?

Sign in to Meridian Online Banking to open a new chequing or savings account, invest in one of our GICs, or apply for a mortgage or credit card.

Questions? There are plenty of ways to get in touch

Find a branch or advisor Call us: 1-866-592-2226 Book an appointment

¹Unlimited free transactions include deposits, transfers between accounts via: Branch, Online, Mobile or Telephone Banking, Interac® Direct Payment purchases and withdrawals at Meridian and THE EXCHANGE Network ABMs. High Interest Savings account cannot be used for bill payments or pre-authorized debits.

²Eligible deposits in registered accounts have unlimited coverage through the Financial Services Regulatory Authority (FSRA). Eligible deposits (not in registered accounts) are insured up to $250,000 through the Financial Services Regulatory Authority (FSRA).

³Self serve transactions - Includes bill payments via: Online, Mobile or Telephone Banking and ABMs, Interac® Direct Payment purchases, pre-authorized debit, and ABM withdrawals. US Dollar chequing account self-serve transactions limited to transfers between accounts via Online, Mobile, & Telephone Banking and payments to Meridian US VISA credit cards (transaction fee not charged for payments to Meridian US VISA credit cards from Meridian USD accounts). Bill payments and pre-authorized debit transactions are not available on HISA/Online Advantage Savings accounts.

⁴Personal service transactions - Includes all in-branch withdrawals, bank drafts and outgoing wire transfers.

⁵Rebated at month end. Surcharge may be applied by other financial institutions.

⁶To waive package fees minimum monthly balance of $5000 must be maintained daily throughout the calendar month.

⁷GIC interest is calculated and compounded at the end of each defined annual period, and paid at maturity.

⁸A High Ratio mortgage is applicable in cases where a borrower places a down payment of less than 20% of the purchase price on a home. For a purchase price of $500,000 or less, the minimum down payment is 5%. When the purchase price is above $500,000 and under $1,000,000, the minimum down payment is 5% for the first $500,000 and 10% for the remaining portion. Refinances, renewals and amortization periods of greater than 25 years are ineligible. Offer may change or be withdrawn at any time without notice. O.A.C. Rates are subject to change without notice. Quoted rates are based on blended payments of principal and interest and is the regulatory Annual Percentage Rate if there is no cost of borrowing other than interest. Interest is calculated half-yearly, not in advance. Where applicable, borrowers will be subject to qualifying criteria.

⁹O.A.C Rates are subject to change without notice. Quoted rates are based on blended payments of principal and interest and is the regulatory Annual Percentage Rate if there is no cost of borrowing other than interest. Interest is calculated half-yearly, not in advance. Additional premiums may apply in cases of a refinance, amortizations greater than 25 years, non-owner occupied, or other instances where application details may warrant it. The interest rate with variable rate mortgages will fluctuate with Meridian Prime Rate, which is currently 7.20%. Where applicable, borrowers will be subject to qualifying criteria. Builder's pricing applies to posted rates, not to promotional or special rates. For commercial mortgage rates, please speak to your Commercial Relationship Manager.

^*The minimum dividend floor rate is the minimum dividend rate where the Board of Directors declares a dividend. Dividends are calculated annually based on the number of shares a Member holds, if and when the Board declares a dividend. The declaration of a dividend is non-cumulative and not guaranteed. If a Member purchases additional shares or is paid dividends in shares, the dividend for the following year will be based on the total sum of shares the Member holds if and when dividends are declared. Invest in Good - Series 23 Shares are available to individual Meridian Members (age 18 and over) residing in Ontario as well as corporations, partnerships and formal trusts based in Ontario.

^®THE EXCHANGE Network is a registered trademark of Fiserv, Inc., licensed for use in Canada by FICANEX Services Limited Partnership.

Surcharge-free ABM transactions apply to Meridian and THE EXCHANGE® Network ABMs only.

Interac e-Transfer^® Trade-mark of Interac Corp. Used under license.

^™Trademarks of Meridian Credit Union Limited