motusbank Email Format
BankingOntario, Canada11-50 Employees
Motusbank is a national, digital, full-service bank headquartered in Toronto, Ontario, with a location in Etobicoke and a staff of 11-50 employees. It operates as the digital banking subsidiary of Meridian Credit Union, which is the largest credit union in Ontario and the third largest in Canada. Motusbank has no public shareholders; customers are members, and the institution emphasizes pricing and services for members rather than shareholder returns. The name motusbank is derived from the word 'movement' and the bank positions itself as a new movement in banking. Jay-Ann Gilfoy was appointed president and chief executive effective January 3, 2021.