Meridian Launches motusbank – A Full-Service Digital Bank
Meridian, Ontario’s largest credit union, and the third largest in Canada, would like you to meet motusbank − a full-service digital bank − that combines a full retail product line with friendly and professional customer service, to serve the needs of all Canadians. motusbank is, quite simply, a new movement in banking.
Meridian’s new subsidiary, motusbank, has received the official go-ahead from the Office of the Superintendent of Financial Institutions (OSFI). Canada’s new digital bank will open for business this spring, but Canadians can take a sneak peek now.
motusbank is different from other digital banks. Like Meridian, motusbank customers, referred to as members, will benefit from better pricing and services because there are no shareholders expecting quarterly returns. Digital, but not impersonal, motusbank promises to deliver superior member service regardless of communication channel. Members will also have a say on ideas for new products and features using tools for feedback to help inform the continuous evolution of motusbank offerings.
Digitally savvy Canadians can do all of their banking online and on their mobile devices with easy access to no-fee savings and chequing accounts, loans and lines of credit, investments − even mortgages − and more. In fact, motusbank will offer Canadians the most advanced and comprehensive digital mortgage platform in Canada. In addition to offering full digital capabilities, motusbank will provide full member support through its contact centre − with real people − and access to one of Canada’s largest no-fee ATM networks.
motusbank to celebrate launch with special mortgage offer for members
The word motus literally means movement or motion and represents a new movement in banking to help progress the lives of motusbank members. So, with the belief that every Canadian deserves a shot at owning a home, motusbank will launch with an incredibly low mortgage rate, exclusively for new motusbank members.
Canadians are invited to visit meetmotusbank.ca. They can stay connected with news about the motusbank Spring launch date and be the first to take advantage of our special launch mortgage offer. Follow @motusbank on Twitter and Instagram, Facebook and Linked In.
May 2, 2023 at 7:09 am
This article highlights the launch of Motusbank, a new full-service digital bank from Meridian Credit Union, offering an innovative and convenient banking solution for consumers.