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

TORONTO, June 1, 2023 /CNW/ - Meridian Credit Union's national subsidiaries, Meridian OneCap Credit Corp. and motusbank, have donated $25,000 to the Canadian Red Cross in support of those affected by the wildfires in Nova Scotia. 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.

"The wildfires in Nova Scotia are upending the lives of thousands of people and we cannot stand by without helping out the individuals and communities who are dealing with this emergency," said Jay-Ann Gilfoy, President and CEO, Meridian. "We recognize the urgent need for support and through our donation, aim to provide immediate assistance to those affected."

Meridian Credit Union will also be matching dollar for dollar all employee donations to the Canadian Red Cross's relief efforts in Nova Scotia 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 the Nova Scotia & Atlantic Canada Fires Appeal or by calling 1-800-418-1111.

Meridian is Ontario's largest credit union, and second largest in Canada, with over $30 billion in assets under management (March 31, 2023). Guided by our purpose, "helping you achieve your best life," Meridian delivers personal, business and wealth financial solutions to over 370,000 Members. Our bold Meridian for Good strategy is aimed at helping people get access to the money and advice they need; plan for a better future that is clean, resilient, and diverse; and be financially confident. Meridian has two operating subsidiaries: Meridian OneCap Credit Corp ("MOCC") and motusbank. For more information, please visit: meridiancu.ca, follow us on Twitter @MeridianCU or visit us on Facebook.

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.

SOURCE Meridian Credit Union