Meridian Bank is headquartered in Paoli and is the 31st largest bank in the state of Pennsylvania. It is also the 630th largest bank in the nation. It was established in 2004 and as of December of 2021, it had grown to 409 employees at 6 locations. Meridian Bank has an A health rating.
Overall | |
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FDIC Certificate # | 57777 |
Year Established | 2004 |
Employees | 409 |
Primary Regulator | FDIC |
Profit Margin | |
---|---|
Return on Assets - YTD | 2.18% |
Return on Equity - YTD | 19.85% |
Annual Interest Income | $71.5MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q4 2021vs Q4 2020 | $1.71B$1.72B |
Loans | Q4 2021vs Q4 2020 | $1.45B$1.50B |
Deposits | Q4 2021vs Q4 2020 | $1.45B$1.24B |
Equity Capital | Q4 2021vs Q4 2020 | $201.5MM$180.3MM |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $18.8MM$17.8MM |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $23.1MM$7.9MM |
Real Estate Owned | Q4 2021vs Q4 2020 | $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 |
---|---|---|---|---|
0.50% | - | - | Essential Savings |
APY | MIN | MAX | ACCOUNT NAME | VIEW 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 |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.70% | $500 | - | 60 Month IRA | |
0.60% | $500 | - | 48 Month IRA | |
0.55% | $500 | - | 36 Month IRA | |
0.50% | $500 | - | 18 Month IRA | |
0.50% | $500 | - | 24 Month IRA | |
0.50% | $500 | - | 30 Month IRA | |
0.45% | $500 | - | 12 Month IRA |
Meridian Bank Locations | ||
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West Chester Office Branch | 16 W. Market Street | West Chester, PA 19382 |
Meridian Bank | 1776 E. Lancaster Avenue | 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 |