April 7, 2026
A Record Year for Libro Credit Union
London, ON – Libro Credit Union achieved record growth and financial results in 2025, as the credit union embraced the opportunities made possible by their strategy, guided by Libro’s purpose: Libro strengthens financial well-being for a better tomorrow.
This success fueled continued purposeful impact in local communities, including $1.2 million in combined financial support. In addition, Libro made intentional investments in key strategic advancements across technology, data, payments, and products.
“With a strong commitment to building relationships, supporting local business, and driving innovation, Libro continues to be well-positioned to navigate an ever-changing economic landscape,” says Libro President and CEO, Shawn Good.
2025 also saw the successful merger with Kawartha Credit Union*, approved through an overwhelmingly positive member vote. By uniting two organizations with strong regional legacies, Libro has expanded impact, and expanded collective roots across a broader landscape of communities who believe in values‑based banking.
“Throughout economic uncertainty and times of change, Libro has always been a partner with members, demonstrating resilience and a deep commitment to doing what’s right. We’re proud of what we achieved in 2025 and ready for what comes next,” adds Good.
2025 Highlights
- Growth to $8.7 Billion Total Assets Under Management (11% growth) and $6.8 Billion in total assets (9% growth)
- A record year for Net Income before taxes and profit sharing of $60.1 Million, driven by strong financial margin.
- More than 7,700 new members and businesses joined Libro, bringing total members to over 120,000
- $1.2 Million in combined financial support for local communities through grants, sponsorships and partnerships.
- Investments in technology, data and product innovation
Libro’s 2025 Annual Report and Financial Statements are available at libro.ca/reports
*Now operating as Kawartha Financial Services, a division of Libro Credit Union.
About Libro
Libro Credit Union is a full-service financial institution with a purpose to strengthening financial well-being for a better tomorrow. On January 1, 2026, Libro merged with Kawartha Credit Union, now operating as Kawartha Financial Services, a division of Libro Credit Union. This merger brings together more than 180,000 members, with full-service financial solutions delivered through 57 locations and robust digital platforms. With over 80 years of history, Libro is a trusted, purpose-driven partner committed to creating positive social and environmental impact as a certified B Corporation®, an associate member of the Responsible Investment Association, and a Living Wage employer. Visit www.libro.ca to learn more.