(Toronto, ON; Calgary, AB – June 10, 2016) – Meridian, the fourth largest credit union in Canada and largest in Ontario, has named Collabria its credit card processing partner.
Meridian has $13 billion in assets under management and serves over a quarter million members across Ontario. Through this new partnership, Meridian will take advantage of Collabria’s flexible credit card solutions to aid in building stronger member relationships and superior member experiences.
“At Meridian we take pride in offering our members innovative and competitive solutions to meet all their financial needs,” said Bill Whyte, SVP & Chief Member Experience Officer at Meridian. “Our partnership with Collabria will enable us to enhance our credit card portfolio to better suit the needs of our members.”
“We are thrilled and honoured to have earned Meridian’s trust in support of their forward-looking and innovative payment services vision,” said Collabria CEO John Dundas. “Collabria is helping support this vision through our unique and flexible Hybrid Credit Card Program, which will allow Meridian to take control of all aspects of their card program that impact member experience, asset growth and revenue and profitability growth.”
About Meridian
With over 70 years of banking history, Meridian is Ontario’s largest credit union, helping to grow the lives of its more than a quarter of a million Members, including over 22,000 business Members. Meridian has $13 billion in assets under management and delivers a full range of financial services online, by phone, by mobile and through a network of 77 branches and 7 business centres. Meridian Members also have access to THE EXCHANGE® ATM/ABM Network, with more than 3,300 surcharge-free ABMs across Canada and 360,000 ABMs in the United States. For more information, please visit: meridiancu.ca.
About Collabria
Collabria is a unique payment solutions provider created to deliver customized, end-to-end credit card products and services. At its core, what sets Collabria apart is its foundation in partnership, collaboration and responsiveness. With Collabria, you’ll never have to settle for “one size fits all” programs. Instead, Collabria professionals work with you to design solutions built around the exact needs of your financial institution and your customers. For more information, visit collabriafinancial.ca.