MERIDIAN CORP (MRBK)

Company Profile

Meridian Corp. is a bank holding company, which engages in the provision of commercial and consumer banking services. The company is headquartered in Malvern, Pennsylvania and currently employs 366 full-time employees. The company went IPO on 2017-11-07. The firm is engaged in banking activities through its wholly owned subsidiary, Meridian Bank (the Bank), a full-service, state-chartered commercial bank. The firm has a financial services business model with non-interest income streams from mortgage lending, small business administration’s (SBA) lending and wealth management services. The firm's segments include Banking, Wealth Management and Mortgage Banking. Its Banking segment consists of commercial and retail banking. The Wealth Management segment provides a range of wealth management services and products and guidance to help its clients and its banking customers prepare for the future. The Mortgage Banking segment consists of 12 loan production offices throughout suburban Philadelphia and Maryland. The Mortgage Banking segment originates one to four family residential mortgages and sells nearly all of its production to third party investors.

Company Info

MERIDIAN CORP

9 Old Lincoln Hwy

Malvern PENNSYLVANIA 19355

P: 14845685000

CEO: Christopher J. Annas

Employees: 366

Website: http://www.meridianbanker.com