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Meridian Bank


Overview / Commentary
www.meridianbanker.com
610-854-2530
1776 E. Lancaster Avenue
Paoli, PA 19301

Meridian Bank is headquartered in Paoli and is the 27th largest bank in the state of Pennsylvania. It is also the 603rd largest bank in the nation. It was established in 2004 and as of June of 2020, it had grown to 340 employees at 6 locations. Meridian Bank has an A health rating.

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Health
A

Data as of Q2 2020

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #57777
Year Established2004
Employees340
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.39%
Return on Equity - YTD11.66%
Annual Interest Income$28.8MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$1.58B$1.06B
LoansQ2 2020vs Q2 2019$1.37B$915.8MM
DepositsQ2 2020vs Q2 2019$1.17B$840.7MM
Equity CapitalQ2 2020vs Q2 2019$164.4MM$114.4MM
Loan Loss AllowanceQ2 2020vs Q2 2019$12.7MM$8.6MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$7.4MM$4.1MM
Real Estate OwnedQ2 2020vs Q2 2019$0$120.00K
Rates
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Always verify rates and promotions with the bank or credit union. We are not Meridian Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Meridian Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%--Essential Savings

Meridian Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%*$50k*-Meridian Personal Money Market
OTHER TIERS: 0.25% → Up to $50k
0.25%*$50k*-Business Money Market
OTHER TIERS: 0.20% → $100 - $50k

Meridian Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$1.5k*-Performance Interest Checking
OTHER TIERS: 0.10% → Up to $1.5k
0.10%--Meridian Business Interest Checking
0.10%--Direct Interest Checking
0.10%--50+ Interest Checking

Meridian Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%$500-60 Month CD
0.65%$500-48 Month CD
0.60%$500-36 Month CD
0.55%$500-18 Month CD
0.55%$500-24 Month CD
0.55%$500-30 Month CD
0.55%$500$249k18 Month Rate Boost CD
0.50%$500-12 Month CD
0.40%$500-6 Month CD

Meridian Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%$500-60 Month IRA
0.65%$500-48 Month IRA
0.60%$500-36 Month IRA
0.55%$500-18 Month IRA
0.55%$500-24 Month IRA
0.55%$500-30 Month IRA
0.50%$500-12 Month IRA
Locations


Meridian Bank Locations
West Chester Office Branch16 W. Market StreetWest Chester, PA 19382
Meridian Bank1776 E. Lancaster AvenuePaoli, PA 19301
Media Branch100 East State StreetMedia, PA 19063
Doylestown Branch1719a South Easton RoadDoylestown, PA 18901
Blue Bell Branch653 Skippack Pike, Suite 116Blue Bell, PA 19422
Meridian Bank - Philadelphia1760 Market StreetPhiladelphia, PA 19103

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