ST. CATHARINES, ON, May 16, 2014 /CNW/ - Bill Maurin has been appointed President and CEO of Meridian, one of Canada's largest credit unions with more than a quarter of a million Members and a network of branches across southern and eastern Ontario.
Maurin, who joined Meridian in 2002 and served as Vice-President, Finance and Chief Financial Officer, was appointed Acting President and CEO in 2012, as a result of a medical leave of the former President and CEO.
"Bill has done a superb job as Acting President and CEO over the past two years. He has amply demonstrated that he can lead Meridian into the future," said Don Ariss, Chair of Meridian's Board of Directors.
Under Maurin's guidance, assets under Meridian management have grown to a record level of more than $10 billion. He has forged new partnerships with other credit unions and also launched a new brand strategy and Meridian's Commitment to Communities, through which a minimum of four per cent of the credit union's pre-tax earnings are re-invested to grow lives and improve the communities we live in.
"We are delighted to have someone of Bill's caliber and capabilities to steer Meridian into the future," Ariss said.
Maurin began his career with KPMG Chartered Accountants where he held progressively senior positions after graduating with an Honours Bachelor of Commerce degree from McMaster University in 1988. He received his CA designation in 1991 and worked with the CUMIS Group for eight years, as National Manager, Finance and subsequently as Director, Finance and Accounting, Insurance Operations before joining Meridian.
About Meridian Credit Union
With over 70 years of banking history, Meridian is Ontario's largest credit union, helping to grow the lives of its more than a quarter of a million Members, including over 19,000 business Members. Meridian has $10 billion in assets under management and delivers a full range of financial services online, by phone, by mobile and through a network of 65 branches and 7 business centres. Meridian Members also have access to THE EXCHANGE® Network, with more than 2,400 no-fee ABMs across Canada and 340,000 ABMs in the United States. For more information, please visit: meridiancu.ca.
Image with caption: "The Board of Directors at Meridian, Ontario's largest credit union, has appointed Bill Maurin as President and CEO. (CNW Group/Meridian Credit Union)". Image available at: http://photos.newswire.ca/images/download/20140516_C8572_PHOTO_EN_40357.jpg
SOURCE: Meridian Credit Union
For further information:
Vice President, Corporate Communications
(416) 597-4444 x2668