Join Libro Today
Welcome to Libro, where your financial well-being comes first. Get tailored coaching for your goals and banking solutions that meet your personal and business needs.
Want to make money better?
Switch your banking to Libro and put your values to work financially.
Explore Personal and Business Account Options
Personal Banking
Our chequing and savings accounts are designed to grow and change with you. Libro Coaches have the knowledge and expertise to tailor financial solutions that are right for you.
- Access to accounts, mortgages, loans, investments and more.
- Complete your banking securely anytime, anywhere, 24/7.
- Set your goals alongside a Coach to achieve your dreams.
Business Banking
Whether you’re an entrepreneur just starting out, a multi-generational farm enterprise or a small business looking to grow, we have Coaches to help you get where you’re going!
- Access to accounts, loans, business planning services, and more.
- Financial coaching tailored to your business needs.
- Receive a share of our profits.
Frequently Asked Questions
What is an Owner?
Credit unions are financial cooperatives that are locally owned by their account holders — at Libro, our customers are known as Owners.
Why do I have to buy membership shares?
To open an account at Libro, you’re required to purchase membership shares and become an Owner. Ownership is what sets Libro apart. It means you really do own the company, have opportunities to impact our organization, and receive an individual share of our profits.
What’s the difference between a credit union and bank?
Credit unions provide many of the same types of financial products and services as local big banks. Differences are most notable, but not limited to, areas like profit sharing and governance:
• Profit Sharing: As large, for-profit entities, banks operate for the purpose of making a profit that is distributed to the shareholders of the bank. In contrast, credit unions reinvest profits back into the people, businesses, and local communities.
• Governance: A credit union has a board of directors made up of volunteers who have been voted in democratically, with each credit union member getting one vote regardless of how much they have invested. This means real Libro Owners make up our board. In contrast, a bank’s board members are appointed and paid by shareholders.
How do I switch my automated payments?
ClickSWITCH is a service that makes it easy to quickly and securely switch current automated payments, bill payments, and direct deposits from existing financial institution accounts to Libro accounts.
Once you open your new Libro account, you can login at home to complete your switches or ask your Coach for assistance.
