What is the policy on account inactivity fees at Meridian Bank?

Meridian Bank typically has a policy in place regarding account inactivity fees, which may vary depending on the type of account held. Generally, an account is considered inactive if there has been no customer-initiated activity for a specified period. This period can vary, but it is often around six months to a year. When an account is designated as inactive, Meridian Bank may assess a monthly inactivity fee. This fee is intended to encourage account holders to use their accounts regularly. However, it is important to note that many banks, including Meridian, often waive these fees if the account balance is above a certain threshold or if the account is a certain type of account, such as a student or senior account. For the most accurate and up-to-date information regarding inactivity fees and the specific terms that apply to different accounts, it is advisable to refer to the official Meridian Bank website. There, you can find detailed information about account policies or locate contact information for further inquiries.