Meridian Credit Union has issued a statement following the 'unforeseen' closure of all their branches earlier today.

At noon, Meridian notified all of their employees that they were to go home, and posted the following tweet:

Now, Meridian is saying the closure was because they received a physical security threat.

“Meridian has received a physical security threat and, as always, the safety of employees and members is our number one concern. As a result, we have closed all Meridian and motusbank offices, branches and business banking centres today. All employees were asked to immediately leave their locations.



We are cooperating with the Toronto police to resolve this situation. This is an active police investigation and we are not able to share more information at this time. All of our systems are operational and service continues to be available via online banking at meridiancu.ca, telephone banking and ATMs. Our Contact Centre can be reached at 1-866-592-2226. We fully anticipate that we will resume full business operations tomorrow. We thank our Members in advance for their patience and apologize for any inconvenience we may have caused.”

Meridian has 90 branches across Ontario, 17 in Niagara.