Meridian Credit Union

It is my opinion that Meridian Credit, Ontario’s largest Credit Union had and still has a responsibility to inform their Members and the Marketplace of an undisclosed back-office system challenge. The system issue went undetected for 9 years and upon recognizing the system issue mistakes, Meridian chose not to inform their Membership. It is my opinion that Meridian Credit Union had and still has a corporate responsibility to inform their Membership of the following; The facts behind a 9-year back-office system challenge. What they found and what they tried to fix. And the potential impacts of those mistakes on their members financial well being and Account Information and Tax information. I also believe that Meridian Credit Union has an obligation to inform their members that Meridian was investigated by the Financial Services Commission of Ontario (Fsco), the newly formed Financial Services Regulatory Authority (Fsra) and is currently under investigation by the Office of the Privacy Commissioner of Canada. (Opc) As per the case file information obtain from the Freedom of Information Office, when Fsco approached Meridian regarding incorrect Account Holder...