Meridian Corporation.
MRBK.US | Other monetary intermediation
Meridian Corporation operates as the bank holding company for Meridian Bank that provides commercial banking services to businesses, professionals, and individuals in Pennsylvania, Delaware, and New Jersey. It accepts various deposit products, including non-interest-bearing and interest-bearing chec...Show More
Better Health for All
0
Meridian Corporation's core business is banking, which has no direct positive or negative health impact, and its products do not carry health risks, require pricing accessibility considerations, or involve health-related R&D. The company does not collect or manage health data, engage in clinical trials, pharmaceutical patents, or food production, nor do its operations directly relate to global health crisis response or addiction mitigation. While Meridian Bank has made donations and partnered with organizations that support health initiatives, such as a $7,500 donation to Family Service to support a Nurse Educator at a homeless shelter
1
, a $50,000 donation to a community center in Chester, PA
2
, and a partnership with Lenape Valley Foundation which serves over 14,000 people annually for mental health and substance use challenges
3
, the provided information does not include quantitative data (e.g., percentage of revenue, percentage of vulnerable populations reached, or specific impact metrics) required to score KPIs like 'vulnerable_reach', 'health_equity_programs', 'healthcare_workforce_support', 'preventative_health_measures', 'mental_health_initiatives', or 'healthcare_education' against the rubric's thresholds.
Fair Money & Economic Opportunity
20
Meridian Corporation's PPP loans constituted 16.58% of its total loans as of Q3 2020.
1
These loans are aimed at supporting small and medium-sized enterprises (SMEs), which aligns with inclusion initiatives for micro-segments.
Fair Pay & Worker Respect
30
Meridian Corporation demonstrates strong worker engagement, with an employee satisfaction rating of 4.6/5 (92%).
1
The company was also named a 2025 Top Workplace by The Philadelphia Inquirer, ranking 4th among companies with 150-499 employees and as the highest-ranking financial institution, and is in the top 5% of benchmarks for supportive managers, innovation, cross-team cooperation, and work-life balance.
2
The company's employee retention rate is 87.5%, indicating a voluntary turnover rate of 12.5%.
3
Fair Trade & Ethical Sourcing
0
Meridian Corporation is a bank holding company providing financial services. The ethical value 'Fair Trade & Ethical Sourcing' primarily assesses companies on their supply chains for physical commodities, focusing on aspects like fair-trade certifications, audits for labor practices, traceability of materials, and remediation of sourcing violations. As a financial institution, Meridian Corporation does not procure or trade physical commodities, nor does it have a supply chain that would expose it to the upstream labor practices or material risks relevant to these KPIs. Therefore, all KPIs under this value are marked as N/A.
Honest & Fair Business
-40
The company has a formal whistleblower policy that explicitly prohibits retaliation against individuals who report suspected misconduct or violations.
1
An ethics hotline is available for anonymous reporting.
2
The policy outlines a process for handling concerns, including initial inquiries, potential investigations, and reporting to the Audit Committee for violations involving directors and executive officers.
3
The anti-corruption policy prohibits soliciting or accepting anything of value for business services or confidential information, with specified exceptions for reasonable gifts and entertainment.
4
It requires disclosure of conflicts of interest and states compliance with FDIC regulations, FCPA, and OECD Convention, adopting a zero-tolerance approach to bribery and corruption.
5
Kind to Animals
0
No specific, concrete evidence regarding MRBK.US (Meridian Corporation) and its performance against the 'Kind to Animals' ethical value was found in the provided articles. The articles either pertain to different companies (Kroger, Meridian Bioscience) or are general reports on the financial sector that explicitly state they do not contain data for MRBK.US.
1
No War, No Weapons
-60
Meridian requests information on conflict minerals from its supplier chains to comply with Section 1502 of the Dodd-Frank Act.
1
The company makes reasonable efforts to identify, reduce, and eliminate procurement of products containing conflict minerals from sources that fund inhumane treatment.
2
If products contain these minerals, they must originate outside the Democratic Republic of Congo (DRC), come from scrap/recycled sources, or be supplied from independently validated Conflict-free Smelters.
3
Certified Conflict-free Smelters are validated as compliant to the EICC/CFS protocol, which requires global audits.
4
Relevant suppliers must report their Conflict Mineral Reporting Template (CMRT) annually by September 1st.
5
Meridian submits annual Company CMRT Reports to customers as per requests, but no results are published.
6
The company states a commitment to conducting business with established ethics and in full compliance with the law.
7
Planet-Friendly Business
0
No evidence available to assess Meridian Corporation on Planet-Friendly Business.
Respect for Cultures & Communities
0
No evidence available to assess Meridian Corporation on Respect for Cultures & Communities.
Safe & Smart Tech
10
Meridian Corporation achieved SOC2 compliance as of May 5, 2022, demonstrating adherence to data protection and secure business processes.
1
The company also incurred significant compliance costs in 2024, including $2.7 million for GDPR and $1.5 million for CCPA, indicating active management of regulatory requirements.
2
Zero Waste & Sustainable Products
0
No evidence available to assess Meridian Corporation on Zero Waste & Sustainable Products.