Meridian Credit Union

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Meridian Credit Union
Credit union
Industry Financial services
Founded 2005
Headquarters St. Catharines, Ontario, Canada
Key people
Bill Maurin, President & CEO
Products Savings; chequing; consumer loans; mortgages; credit cards; online banking
Revenue $219.3 million CAD (2013) [1]
$30.4 million CAD (2008) [1]
Total assets $9.20 billion CAD (2013) [2]
Website meridiancu.ca

Meridian Credit Union is a Canadian credit union. It was formed April 1, 2005, following the merger of Niagara Credit Union and HEPCOE Credit Union. It is insured by the Deposit Insurance Corporation of Ontario.

Meridian is the fourth largest credit union in Canada, and the largest credit union in Ontario, serving more than 250,000 members with total assets under administration of $9.2 billion. Meridian offers a full range of banking, wealth management, credit products and services through 76 branches, and seven Commercial Business Centres.

Meridian Credit Union was recognized as one of Canada's top 100 employers by Maclean's magazine in 2009 and 2010.

Desjardins Credit Union (the Ontario affiliate of the Desjardins Group) and Meridian’s membership voted in favour of a merger effective June 1, 2011.[3] By 2012, most of the former Desjardins branches in Ontario had been renamed to Meridian branches.[4]

In April 2016 Meridian completed its acquisition of Roynat Lease Finance, a supplier of commercial equipment leasing solutions. Roynat Lease Finance will operate as Meridian OneCap Credit Corp., a wholly owned subsidiary of Meridian Credit Union.[5]

Sponsorships

Meridian's sponsorships include:

References

External links


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