Checking
Everyday Checking
$0monthly fee with direct deposit
- Pay up to 2 days early
- 55,000+ fee-free ATMs
- No overdraft fees — we decline instead
Member FDIC · Insured to $250,000
Banking that keeps up with you.
No-fee everyday checking. 4.35% APY on savings. A mortgage team that answers the phone. And a mobile app that tells you where your money actually went — not where you thought it went.
Opening takes about 5 minutes. No credit check, no minimum to start.
4.8Mcustomers
$212Bin assets
55,000+fee-free ATMs
4.9★app store rating
Everyday Checking
$12,480.55
$1,240.12 this month
Payroll — Northwind Co.Direct deposit, 2 days early
+$3,120.00
Rent — Harbor StreetRecurring, 1st of month
−$1,850.00
Harbor CoffeeCard ••4402
−$4.80
Card lockedTap to unlock instantly
Savings +$640Round-ups this month
What we offer
One bank, three ways to work with it
Whether you're opening your first checking account or running a 200-person company, the same people, the same app, the same 24/7 line.
Savings
High-Yield Savings
4.35%APY, no minimum
- Interest compounded monthly
- Automatic round-ups from checking
- FDIC insured to $250,000
Credit
Meridian Cashback Card
2%unlimited cash back
- $0 annual fee, forever
- No foreign transaction fees
- $200 bonus after $1,000 spend
Checking
Business Checking
$0monthly fee, first 2 years
- Unlimited transactions, no cash limits
- Up to 20 sub-accounts for tax and payroll
- Same-day ACH and instant transfers
Credit
Line of Credit
9.25%variable APR from
- $10,000 to $5,000,000
- Draw only what you need
- Decision in 2 business days
Payments
Merchant Services
2.6%+ 10¢ per in-person payment
- Next-business-day settlement
- Terminal, online and tap-to-phone
- No long-term contract
Investing
Meridian Invest
0.25%annual advisory fee
- Diversified portfolios from $500
- Automatic rebalancing and tax-loss harvesting
- SIPC protected
Investing involves risk, including loss of principal.
Advice
Private Client
$1M+in investable assets
- A named advisor, not a call queue
- Lending against your portfolio
- Concierge banking and travel support
Estate
Trust & Estates
90 yrsof fiduciary experience
- Revocable and irrevocable trusts
- Estate settlement and charitable giving
- No fee to name a successor trustee
Today's rates
Rates you can actually read
No asterisks hiding a 0.01% rate. Every figure below is the rate you get when you open the account, as of March 14, 2025.
| Product | Term | Rate |
|---|---|---|
| High-Yield Savings | Ongoing | 4.35% APY |
| Term Savings | 12 months | 4.60% APY |
| 30-year fixed mortgage | 360 months | 6.375% (6.51% APR) |
| 15-year fixed mortgage | 180 months | 5.625% (5.79% APR) |
| New auto loan | 60 months | 5.49% APR |
| Personal loan | 36 months | 8.99% (9.42% APR) |
Security
Your money is guarded by more than a password
Every login is scored for risk, every card can be frozen from your phone, and every suspicious charge is reviewed by a person — not a chatbot.
Zero liability
You're not on the hook for unauthorised card or account activity you report promptly.
256-bit encryption
TLS 1.3 in transit and AES-256 at rest, audited every quarter.
Real-time alerts
Every card, transfer and login — pushed to you the second it happens.
24/7 human support
A real fraud specialist answers in about four minutes, day or night.
0Customers across 48 states
0Assets under management
0Mobile app uptime, last 12 months
0Average fraud-line wait time
Why people switch
Three things we refuse to make complicated
Fees we can explain in one sentence
No monthly maintenance fee with direct deposit, no overdraft fee, no minimum balance. If a fee isn't on the rate sheet, you won't be charged it.
Read the fee scheduleSupport that stays on the line
Call, chat or walk into a branch and reach someone who can actually fix the problem — no phone tree, no "please hold while I transfer you."
See how to reach usLocal decisions, national scale
Mortgage and small-business lending decisions are made in the region where you live, by people who know the market — with the balance sheet to say yes.
Meet the lending teamCustomers
4.9 out of 5 across 38,000 reviews
I moved four accounts over on a Saturday morning and it took twenty minutes. My old bank needed an appointment three weeks out to close a savings account.
DM
Dana M.Everyday Checking + Savings · Providence, RI
Someone called me about a $9 charge at a gas station I'd never been to. They'd already frozen the card and reissued it before I got home. That's the whole reason I stay.
RT
Rahul T.Cashback Card · Sacramento, CA
We do $4M a year through the merchant account and the settlement has never been late. When our terminal died on a Saturday, they couriered a replacement.
LC
Lena C.Business Checking + Merchant · Austin, TX
Common questions
Before you open an account
How long does it take to open an account?
About five minutes online for a personal checking or savings account. You'll need a government ID, your Social Security number, and a US address. Most accounts are approved instantly; if we need a second look, you'll hear from us within one business day.
Is there really no monthly fee?
Everyday Checking is $0 per month when you receive at least $500 in qualifying direct deposits each month. Without direct deposit it's $8 per month, waived if you keep a $1,500 average daily balance. High-Yield Savings has no monthly fee and no minimum balance, ever.
What happens if I overdraw my account?
We decline the transaction and charge nothing. You can opt into a fee-free overdraft buffer of up to $50 on debit card purchases, which you repay automatically with your next deposit. We never reorder transactions to generate fees.
Are my deposits insured?
Deposits are insured up to $250,000 per depositor, per ownership category. Joint accounts are insured up to $500,000. If you hold more than that, our team can help you structure coverage across ownership categories.
Can I keep my old bank account for a while?
Yes. Open the Meridian account, move your direct deposit when you're ready, and use our switch kit to redirect recurring payments. We'll show you a checklist and keep both accounts open as long as you like — there's no penalty for leaving, and no penalty for staying.
Ready when you are
Open an account in about five minutes.
Bring your ID and a US address. No credit check, no minimum deposit, no branch visit required — unless you'd like one, in which case we'll put the coffee on.