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On 21 February 2017, Meridian announced and introduced a new line of Visa credit cards, moving away from MasterCard. [12] On 19 November 2019, Meridian won "Best Credit Union" at the 5th Annual Canadian FinTech & AI Awards. [13] During the COVID-19 pandemic in Ontario, Meridian closed branches and reduced hours to comply with lockdown orders. [14]
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Meridian Credit Union (7 P) N. ... Toronto-Dominion Bank (2 C, 33 P, 1 F) Pages in category "Mortgage lenders of Canada" ... Canadian Imperial Bank of Commerce;
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A mortgage bank is a bank that specializes in originating and/or servicing mortgage loans. In the United States, a mortgage bank is a state-licensed banking entity that makes mortgage loans directly to consumers. The difference between a mortgage banker and a mortgage broker is that the mortgage banker funds loans with its own capital.
The Savings Office was created by the United Farmers of Ontario government of Premier Ernest C. Drury to provide loans to farmers and other small borrowers who traditionally had limited access to credit, as well as to offer savings accounts paying interest on small deposits, something Canadian chartered banks at the time did not do.
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