Making the switch to Meridian Credit Union

My job is to search out the best of the best. Whether it be the latest products to keep your skin looking great, or making the best choices for your finances, I’ve made it my mission to find ways to live a life that is ever evolving and always improving.

Recently, I was introduced to the Meridian Credit Union. Right from the word go it was like nothing I’d experienced before. I knew that I needed to explore further.

With any new experience, knowledge is power. And knowledge is exactly what I sought out.

Let’s start with the basics:


What is a credit union?

A credit union is a Member-owned financial cooperative, generally controlled by the voting of its Members. Credit unions, and Meridian, in particular, provide everyday banking, as well as credit and investment products at competitive rates.

Because credit unions like Meridian are member owned and run, member benefits are top of mind. And membership definitely has its benefits, in the form of lower interest rates, higher investment rates, and other such perks.

Why I switched:

I’ve worked for a major bank (2001-2006), and I’ve endorsed another. Between those experiences, I spent about 15 years feeling like no one was listening to a word I said. I didn’t feel like a person who was being helped from the institutions I placed my money with. Instead, I consistently felt like I was just a number, in a sea of bigger numbers.

At the end of the day, I needed to bank with an institution that would give me advice and not an upsell. I want to be able to call in and get genuine help and guidance, instead of being passed through a queue. Most of all, I wanted to bank where I felt like I had a greater say in what was happening with my money.

When I went to my first appointment with Meridian, I finally felt like I was really being listened to, and was respected as a customer. Shortly after, I had several issues with my then current bank. Instead of dealing with said issues in a proper manner, they actually made the situation much worse. They also did nothing to correct it until I made an official complaint.

It was then that a light went off in my head: why are you banking with a giant corporation that doesn’t care about you at all? Would you go to dinner somewhere that has terrible service? No! So why bank somewhere that has sub-par service? We all need and deserve better.



How easy it can be:

I approached Meridian and said I was ready to partner. At first, I’d open a personal account, then a business account (watch for that coming next). I would start building my financial portfolio and future in a place where I can actually feel not only safe with my decisions, but totally supported as well.

From the moment I walked into the Meridian branch, I was greeted with a smile (literally!) and introduced to Tyler Foti, my financial planner. He took the time to set me up with my member profile so we could open my Plus Package Chequing account. Later, we would add in my business and subsequent accounts.

Not only are there many benefits that I’ve already seen with the limitless plus checking account, for anyone between the ages of 18-29 years, you get unlimited free transactions for no monthly fee!

Not only that, but the process was easy, yes, but it was the people that really stood out. Tyler Foti, along with the other dozen employees I’ve met at Meridian Credit Union, are all;

  1. Very happy to help you with anything you might need, including talking about your financial needs, saving for the future, and how you can reach your financial goal
  2. Are all very knowledgeable
  3. Seem truly invested in helping you get ahead, and accomplish your goals.


The result? Dare I say, “a wonderful experience”!

It only took me 15 years.

So what are real benefits of switching to Meridian?


  1. Meridian delivers a full range of financial services online, by phone, by mobile and through a network of branches all across Ontario
  2. You’re a Member with a vote, not just a number
  3. Because Meridian is owned by its Members, they only work for you.  That means they take their profits and return them to you in the form competitive products and services.
  4. As a Member, you are treated like part of the family and your opinion matters
  5. Credit unions are well-known for giving time and resources back to their local community. Meridian invests a minimum of 4% pre – tax earning into community initiatives every year.

(Meridian does, I’ve already attended my first financial literacy event in Toronto!)


So, that’s why I made the switch. To be completely honest, I’m so happy I did. When it comes to our money we always have to make decisions that won’t keep us up at night, and let me tell you, I’ll be sleeping like a baby.


To learn more about the Meridian’s financial products visit:


This post was produced in partnership with Meridian Credit Union and Addicted Media Inc.



Founder, CEO at Addicted
Mark Munroe is the Creator and EIC of ADDICTED. He's ADDICTED to great travel, amazing food, better grooming & probably a whole lot more!