Meridian OneCap and motusbank Donate $25k to Alberta Wildfire Relief Efforts

TORONTO, May 9, 2023 /CNW/ - Meridian Credit Union's national subsidiaries, Meridian OneCap Credit Corp. and motusbank, have donated $25,000 to the Canadian Red Cross 2023 Alberta Fires Appeal in support of those affected by the disaster. This donation will support the Canadian Red Cross's work to provide ongoing relief, recovery and resilience efforts for those impacted by the wildfires, and community preparedness and risk reduction for future disaster events.

"We recognize the profound impact of the wildfires in Western Canada and remain committed to supporting our members, customers, businesses and communities, in their time of need," said Jay-Ann Gilfoy, President and CEO, Meridian. "Our hearts go out to those affected by the wildfires and we hope that our donation can provide some relief and support."

Meridian Credit Union will also be matching dollar for dollar all employee donations to the Canadian Red Cross's relief efforts in Alberta made through its online giving platform.

Meridian will continue to monitor these developments and encourages members and customers of motusbank and Meridian OneCap to contact our call centre representatives if they need support during these challenging times.

motusbank members needing payment alternatives for lending products should call, 1-833-696-6887.

Meridian OneCap customers can reach customer service at 1-866-986-6738.

For Canadians looking to provide additional support in the relief efforts, donations can be made to the Canadian Red Cross online at https://www.redcross.ca/ or by calling 1-800-418-1111.

About Meridian

We acknowledge the land on which we operate is the traditional territory of many nations including the Mississaugas of the Credit, the Anishinaabe, the Chippewa, the Haudenosaunee and the Wendat peoples and now home to many diverse First Nations, Inuit, and Métis. We also acknowledge that Toronto is covered by Treaty 13 with the Mississaugas of the Credit.

Meridian is Ontario's largest credit union, and second largest in Canada, with more than 75 years of banking history. We deliver a full range of financial products and services to more than 370,000 Members through a network of 89 branches and access to business banking services at 15 locations, a Member Contact Centre and online/mobile services. Meridian also has two operating subsidiaries: Meridian OneCap Credit Corp ("MOCC"), a leading national supplier of customized commercial equipment leasing solutions; and motusbank, a national digital bank. Meridian Credit Union Limited has over $30 billion in assets under management (March 31, 2023).  For more information, please visit: meridiancu.ca, follow us on Twitter @MeridianCU or visit us on Facebook.

SOURCE Meridian Credit Union

Teresa Pagnutti, Public Relations, Meridian, [email protected]; 416-275-3816; Jacob Del Zotto, Corporate Communications, Meridian, [email protected]; 647-242-8877