Meridian Bank is headquartered in Paoli and is the 26th largest bank in the state of Pennsylvania. It is also the 590th largest bank in the nation. It was established in 2004 and as of June of 2022, it had grown to 386 employees at 6 locations. Meridian Bank's CD rates are 3X the national average, and it has a B+ health rating.
Overall | |
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FDIC Certificate # | 57777 |
Year Established | 2004 |
Employees | 386 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.39% |
Return on Equity - YTD | 12.8% |
Annual Interest Income | $38.0MM |
Assets and Liabilities | ||
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Assets | Q2 2022vs Q2 2021 | $1.85B$1.71B |
Loans | Q2 2022vs Q2 2021 | $1.56B$1.48B |
Deposits | Q2 2022vs Q2 2021 | $1.57B$1.41B |
Equity Capital | Q2 2022vs Q2 2021 | $192.2MM$190.5MM |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $18.8MM$18.4MM |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $23.0MM$8.2MM |
Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
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1.50% | - | - | Essential Savings |
Meridian Bank Locations | ||
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West Chester Office Branch | 16 W. Market Street | West Chester, PA 19382 |
Meridian Bank | 1776 Lancaster Ave | Paoli, PA 19301 |
Media Branch | 100 East State Street | Media, PA 19063 |
Doylestown Branch | 1719a South Easton Road | Doylestown, PA 18901 |
Blue Bell Branch | 653 Skippack Pike, Suite 116 | Blue Bell, PA 19422 |
Meridian Bank - Philadelphia | 1760 Market Street | Philadelphia, PA 19103 |