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The Credit Institute of Canada (CIC) (French: Institut de crédit du Canada) is a not-for-profit organization created by a special Act of Parliament on June 11, 1928. The CIC provides credit management resources, education and certification to its members and is the only organization that grants official designations to professionals in the Canadian credit management field.
Citi Canada's Schedule 2 (foreign-owned, deposit-taking), under the Bank Act of Canada, subsidiary Citibank Canada is a member of the Canadian Bankers Association (CBA) and a member [2] of the CDIC, a federal Crown corporation that insures deposits to applicable limits and across deposit categories.
Meridian is the second largest credit union in Canada, and the largest credit union in Ontario, with more than 365,000 members with total assets under administration of over $28.5 billion. [4] Meridian offers banking, wealth management, credit products and services through 89 branches, and fifteen Commercial Business Centres. [5]
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