For immediate use
April 14, 2025
Libro Credit Union Reports Strong Year, Focused on Financial Well-being
LONDON, ON – Libro Credit Union is reporting a strong year of performance and progress, highlighted by the launch of its refreshed enterprise strategy, Courage In Action. The strategy sets a clear direction for the future, guided by Libro’s purpose: Libro strengthens financial well-being for a better tomorrow.
CEO Shawn Good shared the credit union’s annual results at its Annual General Meeting, held Saturday, April 12 at RBC Place in London, Ontario.
Libro now serves more than 119,000 account holders, including over 12,000 local businesses, and continues to invest in purpose-driven banking, community partnerships, and digital services.
“Libro is built to do business differently,” said CEO Shawn Good. “With Courage In Action, we’ve aligned our purpose, values, and strategy to create long-term value. We’re proud of what we achieved in 2024 and ready for what comes next.”
2024 Highlights
- Launch of Courage In Action, with new purpose and vision
- Growth to $7.8 billion in assets under management
- Net income before profit-sharing and taxes of $28.6 million
- More than 7,000 people and businesses joined Libro
- Investments in digital banking and staff engagement
- Continued community support through grants, sponsorships, and partnerships
Libro’s 2024 Annual Report is now available at libro.ca/reports
Media contact: Mike Donachie, Director, Communications, Libro Credit Union
C: 226-926-4068, mike.donachie@libro.ca
Visit libro.ca/media.