Meridian Credit Union

About Meridian Credit Union

Meridian Credit Union is a financial institution located on Oxford St W in London, Ontario, serving a diverse membership of individuals and businesses. The organization describes itself as an inclusive, people-focused financial partner dedicated to helping members achieve their best lives through personalized advice and financial confidence. The credit union provides a wide range of personal and business banking services. For personal members, they offer high-interest savings accounts, GICs, credit cards, and mortgage options, including fixed-rate and variable-rate products. Their digital banking platform includes a mobile app with features such as transaction alerts, card controls, and biometric security. For business clients, Meridian provides specialty financing for sustainability upgrades, condo corporation term loans, equipment leasing, and corporate structured financing, including working capital and syndicated loans. They also offer specific programs like the COOL Auto Program for auto dealership premises and environmental financing for green projects. Led by President and CEO Jay-Ann Gilfoy, Meridian emphasizes a member-obsessed approach where profits are reinvested into products and community programs. The organization highlights its commitment to the environment and community through initiatives focused on housing affordability, climate resilience, and non-profit sponsorships. They also offer specialized support for retail businesses, providing expertise in cash management, payroll management, and payment processing. Members can interact with the institution through personal consultations with advisors or via their full-service digital banking tools.