Showing posts with label Canadian banks. Show all posts
Showing posts with label Canadian banks. Show all posts

Sunday, February 15, 2009

An excellent alternative to the BIG Canadian Banks

Right off the top I will announce my conflict of interest: I am a member of Meridian Credit Union and the company is one of my most valued clients.
With that out of the way I just had to share with you my respect for this organization and in fact other credit unions throughout Canada. Although they have a relatively small market penetration that should change. If more people knew about the services available and the highly-personal approach to both personal and business banking embraced by Meridian I would think the doors of the branches would have line ups.
Did you know:
  • You can get the same full range of financial services from Meridian as you can from any of the BIG Canadian banks?
  • You will be treated like a person, not a number?
  • They will attempt to find a reason to say "Yes" rather than the seemingly automatic and rather emphatic "NO" people tend to experience with the BIG banks?
  • That your deposits are covered under DICO?
  • That they have an extensive ATM network?
  • That the people who manage and work in the branches actually will recall your name?
  • That you can take great advantage of the Financial Coaching available?

Based upon my interviews with branch personnel and clients, here's the lasting impression I have of Meridian Credit Union - they help people find hope and sound guidance.

If you're experiencing any of the challenges of the current financial environment I encourage you to seek out the alternative. Whether Meridian or some other credit union I suspect you will find a refreshingly new approach to financial planning and management.