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MERIDIAN LOWERS NATIONAL COMMERCIAL AND AG LENDING RATES

 MERIDIAN LOWERS NATIONAL COMMERCIAL AND AG LENDING RATES
 READING, Pa., Dec. 23 /PRNewswire/ -- Meridian Bank and Delaware


Trust Company (DTC), banking subsidiaries of Meridian Bancorp, Inc. (NASDAQ: MRDN) today announced that they have lowered their National Commercial Rate (NCR) to 6.5 percent.
 Meridian and DTC's NCR had been set at 7.5 percent since Nov. 6, 1991. Meridian also announced that it has lowered its ag lending rate to 6.5 percent from 7.5 percent.
 Meridian Bancorp, Inc., an $11.2 billion multi-bank holding company, is based in Reading. Meridian, through banking and non-banking subsidiaries, operates nationally with its banking focus in 16 Pennsylvania counties and the state of Delaware.
 /delval/
 -0- 12/23/91
 /CONTACT: Cathy Souders of Meridian, 215-655-2463/
 (MRDN) CO: Meridian Bank; Delaware Trust Company; Meridian Bancorp, Inc. ST: Pennsylvania IN: FIN SU:


JS-KA -- PH020 -- 4920 12/23/91 15:27 EST
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Publication:PR Newswire
Date:Dec 23, 1991
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