Meridian Credit Union

Fantastic branch.

I honestly don't know why anyone deals with the big banks. Credit Unions are the way to go. They support local communities and aren't in it for shareholders.

Love going in this branch. They know me, my wife, kids, all without me having to give my card. And it's not just this branch. It seems Meridian goes out of it's way to hire great people that have a great memory.

They care.

I believe in investing in banks but putting my short term money in Credit Unions because they are non-profit and therefore do not charge the atrociously high fees of banks. I think most people do not even know that being a member of a credit union is much cheaper and they usually have higher interest on savings accounts than banks. On top of that Meridian has an online high interest savings account which right now (November 20, 2017) pays 1.4%. Other credit unions like Cambrian in Manitoba have formed online banks so they can service all Canadians not just those in the local credit union's area. Achieva bank is the bank established by Cambrian which gives an even higher interest rate than Meridian. I have a small business account with Meridian for which I pay only $5 per month for my checking account. I wonder if ANY bank can match that. To the individual that felt he got poor service, I think perhaps he deserves to pay the high fees of banks. It is easy to get an inexperienced teller anywhere. It is true that most financial institutions will not give you change if you do not bank there. I am pretty sure that is a general policy. I was a member of the former Niagara Credit Union since 1962 which became Meridian since 1962 and I have had lower fees, higher interest rates and better service than any bank that I was a member of.