In 2004, Meridian became an employee-owned company. This decision affirms our enviable record of financial stability, management collaboration, and incentive-based ownership through annual stock contributions made to the Employee Stock Ownership Plan.

Employee ownership positions Meridian as an employer of choice with the lowest turnover in our industry. We attract, develop, and retain only the best people, creating a competitive advantage for Meridian.

Coupled with open-book management, employee ownership provides the foundation of having the common goal of steady growth and profitability.

Our prosperity is dependent upon the actions of all employees.

Employees have the opportunity to create and share in the success of the company.

"We believe that employee ownership improves American competitiveness... that it increases productivity through greater employee participation in the workplace...that it strengthens our free enterprise economy and creates a broader distribution of wealth...and that it maximizes human potential by enhancing the self-worth, dignity, and well-being of our people."

- excerpt from the ESOP Association's Vision Statement