Meridian Credit Union mortgage rates
Meridian Credit Union's lowest 5-year fixed rate on its own website was 4.59% (insured) when we read it on Nov 1, 2026. Its posted 5-year rate was 6.49%, 1.90 points higher. Its lowest variable was 3.69%. The lowest comparable rate we collected anywhere was 4.34% at ATB Financial.
| Term | Lowest special / advertised | Posted | Gap | Payment at special | Payment at posted |
|---|---|---|---|---|---|
| 6-month | — | 7.84% | — | — | $3,765.14 |
| 1-year | — | 6.09% | — | — | $3,225.83 |
| 2-year | — | 5.74% | — | — | $3,122.17 |
| 3-year | 4.34% insured | 6.54% | 2.20 pts | $2,723.07 | $3,361.25 |
| 4-year | 4.49% | 6.19% | 1.70 pts | $2,764.59 | $3,255.72 |
| 5-year | 4.59% insured | 6.49% | 1.90 pts | $2,792.44 | $3,346.09 |
| 7-year | — | 6.89% | — | — | $3,468.19 |
| 10-year | — | 6.99% | — | — | $3,498.99 |
| Meridian Credit Union special | 4.59%read Nov 1, 2026 |
|---|---|
| Meridian Credit Union posted | 6.49% |
| Mortgage | $500,000, 25 years, 5-year term |
| Monthly payment, lower → higher rate | $2,792.44 → $3,346.09 |
| Interest difference over 5 years | $45,803 |
Open this example in the calculator →Computed Nov 2, 2026.
All Meridian Credit Union rates we collected
| Term | Type | Insured | Kind | Rate | Fine print | Source |
|---|---|---|---|---|---|---|
| 6-month | Fixed | Not split | posted | 7.84% APR 7.98% | Posted rates. 'The current Meridian Prime Rate is 4.70% as of October 29, 2026.' APR basis: $300,000, 25-yr amortization, $300 property-valuation fee. High Ratio = <20% down, pr… | page as of Oct 29, 2026 |
| 1-year | Fixed | Not split | posted | 6.09% APR 6.19% | Posted rates. 'The current Meridian Prime Rate is 4.70% as of October 29, 2026.' APR basis: $300,000, 25-yr amortization, $300 property-valuation fee. High Ratio = <20% down, pr… | page as of Oct 29, 2026 |
| 2-year | Fixed | Not split | posted | 5.74% APR 5.79% | Posted rates. 'The current Meridian Prime Rate is 4.70% as of October 29, 2026.' APR basis: $300,000, 25-yr amortization, $300 property-valuation fee. High Ratio = <20% down, pr… | page as of Oct 29, 2026 |
| 3-year | Fixed | Insured | special | 4.34% APR 4.37% | Special offers. 'The current Meridian Prime Rate is 4.70% as of October 29, 2026.' APR basis: $300,000, 25-yr amortization, $300 property-valuation fee. High Ratio = <20% down, … | page as of Oct 29, 2026 |
| 3-year | Fixed | Not split | special | 4.49% APR 4.52% | Special offers. 'The current Meridian Prime Rate is 4.70% as of October 29, 2026.' APR basis: $300,000, 25-yr amortization, $300 property-valuation fee. High Ratio = <20% down, … | page as of Oct 29, 2026 |
| 3-year | Fixed | Not split | posted | 6.54% APR 6.57% | Posted rates. 'The current Meridian Prime Rate is 4.70% as of October 29, 2026.' APR basis: $300,000, 25-yr amortization, $300 property-valuation fee. High Ratio = <20% down, pr… | page as of Oct 29, 2026 |
| 4-year | Fixed | Not split | special | 4.49% APR 4.52% | Special offers. 'The current Meridian Prime Rate is 4.70% as of October 29, 2026.' APR basis: $300,000, 25-yr amortization, $300 property-valuation fee. High Ratio = <20% down, … | page as of Oct 29, 2026 |
| 4-year | Fixed | Not split | posted | 6.19% APR 6.22% | Posted rates. 'The current Meridian Prime Rate is 4.70% as of October 29, 2026.' APR basis: $300,000, 25-yr amortization, $300 property-valuation fee. High Ratio = <20% down, pr… | page as of Oct 29, 2026 |
| 5-year | Variable | Insured | special | 3.69% prime − 1.01 APR 3.71% | kind null: variable table is not labelled posted or special on the page (5-yr closed HR 3.69% is also shown under 'Our latest mortgage offers'). 'The current Meridian Prime Rate… | page as of Oct 29, 2026 |
| 5-year | Variable | Not split | special | 3.89% prime − 0.81 APR 3.91% | kind null: variable table is not labelled posted or special on the page (5-yr closed HR 3.69% is also shown under 'Our latest mortgage offers'). 'The current Meridian Prime Rate… | page as of Oct 29, 2026 |
| 5-year | Fixed | Insured | special | 4.59% APR 4.61% | Special offers. 'The current Meridian Prime Rate is 4.70% as of October 29, 2026.' APR basis: $300,000, 25-yr amortization, $300 property-valuation fee. High Ratio = <20% down, … | page as of Oct 29, 2026 |
| 5-year | Fixed | Not split | special | 4.74% APR 4.76% | Special offers. 'The current Meridian Prime Rate is 4.70% as of October 29, 2026.' APR basis: $300,000, 25-yr amortization, $300 property-valuation fee. High Ratio = <20% down, … | page as of Oct 29, 2026 |
| 5-year | Fixed | Not split | posted | 6.49% APR 4.76% | ANOMALY: page shows APR 4.76% against a 6.49% posted rate (4.76% is the 5-yr special's APR); recorded as displayed. Posted rates. 'The current Meridian Prime Rate is 4.70% as of… | page as of Oct 29, 2026 |
| 7-year | Fixed | Not split | posted | 6.89% APR 6.90% | Posted rates. 'The current Meridian Prime Rate is 4.70% as of October 29, 2026.' APR basis: $300,000, 25-yr amortization, $300 property-valuation fee. High Ratio = <20% down, pr… | page as of Oct 29, 2026 |
| 10-year | Fixed | Not split | posted | 6.99% APR 7.00% | Posted rates. 'The current Meridian Prime Rate is 4.70% as of October 29, 2026.' APR basis: $300,000, 25-yr amortization, $300 property-valuation fee. High Ratio = <20% down, pr… | page as of Oct 29, 2026 |
Highlighted rows are the lowest special or advertised rate for that term and type among the rows shown. * = the lender's own prime rate plus its stated spread. Collected Nov 2, 2026; check the lender's page before relying on any rate.
Prepayment and penalties
We didn't find Meridian Credit Union's penalty method on the pages we read. It's in your mortgage contract's information box.
“We call it 20/20 prepayment. Pay off up to 20% more of your mortgage each calendar year through a combination of prepaying more of your original principal balance and increasing your original mortgage payment.” Source
Check a Meridian Credit Union posted-rate IRD · full penalty calculator on BankMortgages.ca
About this lender
Credit union lending in . Prime rate 4.70% as stated on its site (as of Oct 29, 2026).
The pages we read don't state where Meridian lends, so it isn't shown on province-filtered boards. Its fixed-rate page's legal text still said prime was 4.45% while its rates page said 4.70% as of October 29, 2026.
MortgageRateToday.ca isn't affiliated with Meridian Credit Union and isn't paid by any lender.
Frequently asked questions
What is Meridian Credit Union's 5-year fixed mortgage rate?
On Nov 2, 2026, Meridian Credit Union's own website showed 4.59% (insured) for a 5-year fixed and a posted 5-year fixed rate of 6.49%. Rates change often; check the lender's page.
What is Meridian Credit Union's variable mortgage rate?
The lowest closed variable rate on its page was 3.69% (prime − 1.01) for a 5-year term, with Meridian Credit Union's prime at 4.70%.
What prepayment privileges does Meridian Credit Union offer?
We call it 20/20 prepayment. Pay off up to 20% more of your mortgage each calendar year through a combination of prepaying more of your original principal balance and increasing your original mortgage payment. (from Meridian Credit Union's website).