Meridian Credit Union



The HST is now here

Starting on July 1st, 2010, the Harmonized Sales Tax (HST) was launched in Ontario. HST is one tax of 13% that combines the 5% Goods and Services Tax (GST) with the 8% Provincial Sales Tax (PST).

Bank service charges are NOT subject to HST.

Here are some Meridian products and services that are affected by this change. They are:

  • Cheque orders and supplies
  • Safety Deposit Boxes
  • Night Deposit Bags, and
  • Administrative services such as:
    • Audit/Bank Confirmations
    • Interest or Balance Letters
    • Credit Ratings

Only those products and services that are purchased after July 1, 2010 are affected by the new tax.

If you have any questions, we are here to help. Please contact the Contact Centre at 1-866-592-2226 or email us.