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Meridian to Create a National Bank
April 24, 2018
9:55 am
9:55 am
Nehpets
Ontario
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Further to the Financial Post Article of 2016, Meridian has now posted an update on their website outlining their plans and vision for their National Bank called Modus Bank, in early 2019.
Modus Bank is expected to operate as an online bank, a wholly owned subsidiary of Meridian Credit Union, in all Provinces including Quebec.
Modus Bank would fall under CDIC for deposit insurable limits as opposed to Meridian Credit Union that falls under DICO limits.
April 24, 2018
10:10 am
10:10 am
Top It Up
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