What is the minimum balance requirement for Meridian Bank accounts?
Asked a year ago
The minimum balance requirement for Meridian Bank accounts varies depending on the type of account. For personal checking accounts, the minimum balance requirement is $100. For personal savings accounts, the minimum balance requirement is $500. Business checking accounts require a minimum balance of $1,000, while business savings accounts have a minimum balance requirement of $2,000. It is important to note that failing to maintain the minimum balance may result in a monthly maintenance fee being charged. Detailed information on specific account types and their respective minimum balance requirements can be found on the Meridian Bank website or by contacting their customer service team.
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