Because Libro is a financial co-operative, when you bank with Libro, you become an Owner by purchasing $50 in membership shares. Libro customers are called Owners because you do really own the company — you have opportunities to impact our organization and receive an individual share of our profits. Ownership has its rewards!
Open an account today and receive $100 to spend locally.*
Open Account108,000+ people bank with Libro. Discover the difference.
Local Impact
Join Libro and receive $100 to spend locally when you set up a pre-authorized debit or credit.
The Libro Difference
*Local Impact
Anyone who signs up for a new account and sets up a recurring automated deposit or withdrawal receives $100 from Libro to spend locally. Now is the perfect time to start banking with Libro!
*Loyal2Local Terms and Conditions can be viewed here.
As a Libro Owner, you’re part of a larger purpose of helping to grow prosperity right here in southwestern Ontario. We create stronger communities by focusing on our four pillars to improve employment, housing, local food accessibility and financial resilience.
Expert Coaching
Financial coaching is one important way Libro is different from banks. Every Owner at Libro gets their very own Coach — a financial expert who cares about you and your success. Your Coach gets to know you and your situation and always offers personalized financial advice to help you reach your goals.
Bank Your Way
Libro offers fast, convenient access to a full range of financial products and services including daily banking accounts, credit cards, GICs, RRSPs, TFSAs, mortgages, loans, lines of credit, and more. Whatever your banking needs are, Libro is here to help you.
Ownership
Profit Sharing
As a co-operative owned by its shareholders, Libro distributes profits to our Owners in the form of profit shares and investment share dividends. For 2020, that totaled $14.7 million.
Business for Good
Libro is proud to be a certified B Corporation®, joining leaders of a global movement of people using business as a force for good™. B Corporations (or B Corps) are important because they inspire all businesses to compete not only to be the best in the world, but also to be the Best for the World®.
