Building Prosperity Together
The Prosperity Project came into existence out of Libro’s desire to grow prosperity in southwestern Ontario. Libro understands that we can’t achieve this goal by acting alone. The Prosperity Project brings to life all we do at Libro starting with our Prosperity coaching philosophy to world-class financial services and products. It activates our thriving community engagement programs, supporting local not-for-profit groups to provide much needed services in their communities. The Prosperity Project also supports local not-for-profit groups to provide much needed services in their communities.
But it’s much more than that…
It’s about collaborating or coming together to strike up a conversation that helps define prosperity, begins to mobilize resources and to share success stories. All are invited to join this conversation – every business owner and employee, community leader, organization, family and individual in southwestern Ontario is welcome. It’s simple, the only criteria for participation is that you care about living here!
Improving prosperity in southwestern Ontario won't happen by accident - it will happen if we focus our energy and investments here. So let's begin with the families and individuals of southwestern Ontario.
Prosperity in Action
Growing prosperity includes taking intentional action to improve the lives of our staff, our Owners and our communities. Being a Living Wage employer fosters social inclusion and supports the quality of life of our staff. It is one strategy in reducing poverty and increasing positive outcomes in our communities.
Social purpose ASSESSMENT tool
Canadian credit unions are clarifying their social purpose to better meet member needs, play a stronger role in fostering resilient and co-operative communities and grow their businesses.
Libro commissioned the development of a Social Purpose Assessment tool to support our efforts and also to make the tool available to the credit union system to help interested credit unions through the process of considering the purpose and focus of their social role - which includes the environment and extends beyond traditional banking roles.
Libro Professorship in Regional Economic Development
Libro Credit Union and the University of Guelph have formed a partnership creating a new professorship at the university’s Ontario Agricultural College focused on building regional economic development and innovation across the region, through world-class research, teaching, outreach and collaboration. Professor Ryan Gibson was appointed to the role and his research will examine key issues related to the future of rural communities and regions, and topics such as governance, public policy, immigration and revitalization.
Each One Teach One
A person’s financial well-being depends upon his or her ability to understand financial information and put it to good use in making decisions. That’s why we partnered with Canadian credit unions to offer the Each One, Teach One program which provides financial workshops to individuals to help build knowledge, skills and confidence. Each One, Teach One is an approach to providing basic and plain language financial knowledge, in your community, by volunteer staff from our credit union, without ties to any products or services. This program is one of the ways we are putting purpose in to action to create a more prosperous region.