Meridian Corp

The Corporation is a bank holding company that conducts banking activities through its wholly-owned subsidiary, Meridian Bank. Meridian Bank is a full-service, state-chartered commercial bank operating in the Delaware Valley tri-state market, which includes Pennsylvania, New Jersey, and Delaware, as well as in the Central Maryland market and southwest Florida. The company employs a financial services business model that generates non-interest revenue from mortgage banking, the sale of SBA loan guarantees, and wealth management services. It serves small and middle market businesses, professionals, and retail customers across its market area. The Corporation utilizes technology and alternative delivery channels like mobile banking, remote deposit capture, and bank-to-bank ACH. The Corporation is the parent company of Meridian Bank. Meridian Bank, in turn, has four wholly-owned subsidiaries: Meridian Land Settlement Services, LLC, which offers title insurance services; Apex Realty, LLC, a real estate holding company; Meridian Wealth Partners, LLC, a registered investment advisory firm; and Meridian Equipment Finance, LLC, an equipment leasing and other finance receivables company. These subsidiaries contribute to the Corporation's three lines of business. The first line of business is Commercial Banking, which encompasses traditional banking operations for both commercial and consumer customers. This segment provides deposit and treasury management services, commercial and industrial lending and leasing, commercial real estate lending, small business lending, consumer and home equity lending, private banking, merchant services, and title and land settlement services.