Meridian to Go Digital, seeks Expansion in Process to Become Federal Bank
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Meridian to Go Digital, seeks Expansion in Process to Become Federal Bank

In a move that will further alter the banking landscape in Canada, Meridian credit union is looking to join the big five in becoming a federally chartered bank by 2018. However, all of its services will be based online rather than in brick-and-mortar locations. Continue reading »

Can I Still Get a “Zero Down” Mortgage with a Credit Union?
First Time Home Buyers / Mortgage News / Mortgages / Mortgages 101

Can I Still Get a “Zero Down” Mortgage with a Credit Union?

As of 2008, home buyers must pay a minimum of 5% on their home purchase when taking out a mortgage from a federally-regulated lender. But what about credit unions, which are run provincially, and lack many of the same regulations ruling the big banks? The truth is, zero-down mortgages still exist and are offered at some of these lenders… but is it ever a good idea to get one? Continue reading »