Meridian CU Reviews | Glassdoor

Meridian CU Reviews

Updated February 18, 2017
23 reviews

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Full-time Part-time

3.5
Star Star Star Star Star
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Meridian CU President & CEO Bill Maurin
Bill Maurin
2 Ratings

23 Employee Reviews

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  1. "Great Place to Work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - MSR/Teller in Niagara-on-the-Lake, ON (Canada)
    Former Employee - MSR/Teller in Niagara-on-the-Lake, ON (Canada)
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Meridian CU part-time (Less than a year)

    Pros

    Great atmosphere, believed in a balanced life.

    Cons

    Not too much in all honesty


  2. "Just ok"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Good benefits, decent salary, and employee perks. Good training program with a wide variety of available courses and seminars. Training is taken very seriously.

    Cons

    Weak management, and misleading. Managers will tell you that products are not pushed on people, but they are. Especially CUMIS insurance, which is a poor product, and very expensive. Managers will tell you it's not like a bank, but it is like a bank.

    Advice to Management

    Do some research about what a credit union is really all about, and remind yourselves that you're not at RBC, Scotiabank, TD, BMO, and CIBC, or in Kansas anymore.


  3. Helpful (1)

    "Corporate office a challenging environment"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Meridian CU full-time

    Pros

    Attract good new talent
    Nice Toronto office space
    Respectful recruitment process

    Cons

    Surprisingly policital
    Experiencing cultural tug of war between the seasoned employees focused on keeping things as they are and the new employees that were hired to help achieve aggressive growth plan.
    New talent is not supported to bring the change that they were asked to promote during the recruitment process once inside.
    Diversity and innovation is nonexistent
    Sense that people live in fear of top leaders

    Advice to Management

    Respect and engage your middle managers, they have tremendous talent but are not empowered.
    Recognize the culture divide and decide which way you want to go and then lead and demonstrate it fro the top.
    Bring in and foster some diversity of thought and empower people to say what they believe without fear.


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  5. "Great company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook

    Pros

    Great people, great corporate culture

    Cons

    Technology is dated, definitely needs an upgrade to the systems and processes as much of it is very cumbersome

    Advice to Management

    Update process and technology, otherwise it's a great company


  6. "Meridian"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Operations in Toronto, ON (Canada)
    Current Employee - Operations in Toronto, ON (Canada)
    Recommends
    Positive Outlook

    I have been working at Meridian CU full-time (More than a year)

    Pros

    Great company to work and learn

    Cons

    Nothing comes to mind at this time

    Advice to Management

    none


  7. "Growing company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Service Representative in Toronto, ON (Canada)
    Current Employee - Financial Service Representative in Toronto, ON (Canada)
    Recommends
    Positive Outlook

    Pros

    Expanding branch network means new opportunities to move up. Great rates and promotions make business easy to win.

    Cons

    Below average compensation for industry. Difficulty bringing in customers that weren't part of the original hepcoe network.

    Advice to Management

    Systems and policies are not up to date in some regards. Need a major push to bring in people for day to day banking. d2d banking share in GTA is abysmal


  8. "MSR"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Member Service Representative in Midland, ON (Canada)
    Former Employee - Member Service Representative in Midland, ON (Canada)
    Doesn't Recommend
    Positive Outlook

    I worked at Meridian CU (More than 3 years)

    Pros

    The focus on customers and their needs differentiates Meridian from other financial institutions. Often, they offer the most competitive rates for lending and savings; at times simultaneously.

    Cons

    Lack of upward mobility outside of retail banking. Seems quite unprofessional at times and staff aren't always very knowledgeable.


  9. "Meridian Credit Union"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Meridian CU full-time

    Pros

    Most of the people who work there are great people who really care about the organization and its success

    Cons

    Becoming more like a big bank

    Advice to Management

    Remember the company's roots, and why it exists...to serve the members


  10. Helpful (1)

    "Manager, Operations"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Operations Manager in Saint Catharines, ON (Canada)
    Current Employee - Operations Manager in Saint Catharines, ON (Canada)
    Recommends
    Positive Outlook

    I have been working at Meridian CU full-time (More than 10 years)

    Pros

    Meridian is a great company to work for. They care about their employees, and are very involved in local communities.

    Cons

    I can't think of a con to working here at the moment.


  11. "Great Company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook

    I worked at Meridian CU part-time

    Pros

    Excellent company, friendly staff, great benefits

    Cons

    Head office should pay more attention to branch management, the few bad apples take away from the great company

    Advice to Management

    Make sure you recognize and appreciate your staff more



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