Meridian Credit Union GIC rates compared
Meridian Credit Union's best posted rate is 3.80% on a 4-year term. The best rate available in Canada for that term is 4.10%, from WealthONE Bank of Canada. Both are covered by deposit insurance.
Get Meridian GICsHow do Meridian Credit Union's GIC rates compare to the best in Canada?
On a 5-year term Meridian Credit Union posts 4.00% against 4.30% from WealthONE Bank of Canada, the best we track. Every term it publishes is compared the same way below.
| Term | Meridian Credit Union | Best in Canada | Gap | Leader |
|---|---|---|---|---|
| 1-year | 3.10% | 3.70% | −0.60 pts | WealthONE Bank of Canada |
| 2-year | 3.50% | 3.95% | −0.45 pts | WealthONE Bank of Canada |
| 3-year | 3.70% | 4.05% | −0.35 pts | WealthONE Bank of Canada |
| 4-year | 3.80% | 4.10% | −0.30 pts | WealthONE Bank of Canada |
| 5-year | 4.00% | 4.30% | −0.30 pts | WealthONE Bank of Canada |
Is Meridian Credit Union's GIC covered by FSRA?
Yes, though not by CDIC. Meridian Credit Union is a credit union regulated in Ontario, so its deposits are protected to $250,000 by the Financial Services Regulatory Authority of Ontario rather than to CDIC's $100,000.
Ontario. Eligible deposits in registered accounts are covered without limit; non-registered deposits are covered to $250,000.
Where do these Meridian Credit Union rates come from?
Directly from Meridian Credit Union's own posted rate page at meridiancu.ca, read by hand on 2026-09-04. Meridian Credit Union does not date its posted rates, so the read date is the only currency guarantee available.
All 6 terms Meridian Credit Union posts were captured in that read. No aggregator, no feed, no affiliate link.
Meridian Credit Union's posted rates on meridiancu.caHow we collect and check ratesWho should buy a GIC from Meridian Credit Union?
Savers with a small deposit, mostly. The $100 minimum is the lowest we track, and no term here leads the market.
Common questions about Meridian Credit Union GICs
What is Meridian Credit Union's minimum GIC deposit?
$100, the lowest of the 10 minimums we track. Every other institution that publishes one asks $100 to $1,000, so a first GIC of a few hundred dollars may have nowhere else to go.
Does Meridian Credit Union have the best GIC rate in Canada?
Not on a 5-year term. Meridian Credit Union posts 4.00% there, against 4.30% from WealthONE Bank of Canada: a gap of 0.30 points on the same term, for the same non-redeemable product. The table above runs the same comparison across all 5 terms.
Which GIC terms does Meridian Credit Union offer?
6 terms are posted on meridiancu.ca, from 1 year to 5 year. The comparison table above covers the 5 annual terms where enough issuers publish a rate for a market comparison to mean anything.
Does Meridian Credit Union pay GIC interest monthly?
Meridian Credit Union does not post a separate interest-paid-monthly rate on meridiancu.ca, so we do not publish one. Where an issuer posts one it is always lower than the compounding rate, which makes it worth asking before you choose monthly income.
Are these Meridian Credit Union rates promotional?
No. These are Meridian Credit Union's standard posted rates, read from meridiancu.ca on 2026-09-04. Meridian Credit Union does not date its posted rates, so that read date is the only currency guarantee available here. Limited-time promotions are noted separately rather than used to move an institution up the ranking.
How we collect and check ratesWhat would Meridian Credit Union's 4-year rate pay on your deposit?
On $50,000 it pays $8,044 in interest over the full term. Change the amount to see what that becomes on yours, then compare it against the leader.
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Independent and unaffiliated. Rates are read from Meridian Credit Union's own posted page at meridiancu.ca and may change without notice. Educational information only, not financial advice. Published by Croton Holdings LLC. Corrections to daniel@crotoncontent.com.