
Libro Credit Union is a member-owned financial cooperative that serves its members in a responsible and sustainable way. It was founded in 1949 and has since grown to become one of the largest credit unions in Canada.
The credit union is headquartered in London, Ontario, and has over 120,000 members. It offers a wide range of financial services, including chequing and savings accounts, mortgages, loans, and investment products.
Libro Credit Union is known for its commitment to community development and social responsibility. It has implemented various initiatives to support local economic development and promote financial literacy among its members.
Credit Union Information
Libro Credit Union is a member-owned financial cooperative that offers a range of financial services.
With over $3.5 billion in assets, Libro Credit Union has grown significantly since its inception in 1940. It serves over 120,000 members in southwestern Ontario.
As a credit union, Libro is committed to providing financial services that benefit its members and the communities it serves.
Transit Number
Your Libro Credit Union transit number can be found at the bottom of a cheque, along with your institution number.
The transit number is also known as the MICR, or Magnetic Ink Character Recognition, code. It's a unique nine-digit code that identifies your credit union.
To find your transit number, you can look for it on a cheque, where it's usually printed at the bottom. The transit number is usually represented as a series of numbers, often in a MICR font.
Here are some examples of transit numbers for Libro Credit Union:
Each of these transit numbers is associated with a specific branch of Libro Credit Union.
SIC Code
The SIC code for Libro Credit Union is 606.
Leadership and Location
Libro Credit Union is based in London, Ontario. This is a great location for serving the community's financial needs.
Their headquarters in London, Ontario is a hub for their operations.
President and CEO
Shawn Good is the President and CEO of Libro Credit Union.
Libro Credit Union has a strong leadership team, with Shawn Good at the helm.
He has been instrumental in shaping the credit union's vision and mission.
As President and CEO, Shawn Good is responsible for making key decisions that impact the credit union's operations.
Libro Credit Union is a member-owned financial cooperative, serving its members with integrity and expertise.
Where Is Based?
Libro Credit Union is based in London, Ontario.
Cheque and Identification
At Libro Credit Union, you can deposit cheques quickly and easily through the mobile banking app, online banking, or in-branch.
To deposit cheques, you'll need to endorse the back of the cheque by signing it with a pen.
Libro Credit Union offers a convenient way to deposit cheques remotely through mobile banking, which can be done from anywhere, at any time.
You'll need a valid government-issued ID to open a Libro Credit Union account, such as a driver's license or passport.
Libro Credit Union verifies the identity of its members to ensure secure banking practices.
Employee Data and Top Employees
At Libro Credit Union, the team is comprised of experienced professionals who are dedicated to providing top-notch service to their members.
Gabriel Salcor serves as an Owner Experience Representative, ensuring that members receive the support they need.
The credit union has a diverse team, with employees from various backgrounds and expertise. Yuliya Safronova, for instance, is the Owner Experience Supervisor, overseeing the team's efforts to deliver exceptional member experiences.
Here are some of the key employees at Libro Credit Union:
Employee Data
Libro Credit Union has a total of 780 employees, which is a significant number.
The company has experienced a growth in employee count, with a 6% increase last year.
Here's a breakdown of the employee data:
The employee count at Libro Credit Union is substantial, and their growth is a positive sign for the company.
Top Employees
Identifying top employees is crucial for any organization, and it's not just about who's been with the company the longest.

Top employees often have a high level of job satisfaction, with 75% of them reporting being "very satisfied" with their jobs.
Having a high level of job satisfaction can lead to increased productivity, with top employees working an average of 45 hours per week.
Top employees tend to have a strong work ethic, with 90% of them working more than 40 hours per week.
Their hard work often pays off, with top employees earning an average of 20% more than their peers.
General Information
Libro Credit Union is a member-owned financial cooperative that's been around since 2000. It was founded by a group of entrepreneurs who wanted to create a more community-focused banking option.
Libro Credit Union is headquartered in London, Ontario, and has grown to serve over 70,000 members across the province. Its commitment to community development has helped make it a staple in local economies.
As a member-owned credit union, Libro operates on a not-for-profit basis, meaning that any surplus funds are reinvested back into the business or returned to members in the form of better rates and services.
Annual Revenue
Libro Credit Union's annual revenue was $248.3 million in 2025. This is a significant amount of money, but let's break it down further.
The estimated annual revenue is currently $229.3 million per year, which is a notable difference from the actual revenue in 2025. This discrepancy could be due to various factors, such as changes in the economy or the credit union's business strategy.
According to the data, Libro Credit Union's estimated revenue per employee is $294,000. This is a substantial amount, indicating that the credit union values its employees and provides them with a good compensation package.
Here's a summary of the annual revenue information:
- Actual annual revenue in 2025: $248.3 million
- Estimated annual revenue: $229.3 million per year
- Estimated revenue per employee: $294,000
What Is the NAICS Code?
The NAICS code is a crucial piece of information that helps identify a business's industry and classification.
Libro Credit Union has multiple NAICS codes, including 5221, 52, 52213, 522130, and 522.
You can find the NAICS code for any business by looking it up online or checking their official website.
The NAICS code for Libro Credit Union is 5221, which is also a subset of the broader code 522.
Having the correct NAICS code is essential for business operations, tax purposes, and government reporting.
What Is
Let's break down what we're dealing with here.
A database is a collection of organized data.
It's like a big library where you can store and retrieve information easily.
A database management system, or DBMS, is a software that helps manage and organize the data in a database.
It's like a librarian who helps keep everything tidy and makes sure you can find what you need.
Data is the raw information that's stored in a database, such as names, addresses, and phone numbers.
Think of it like a contact list in your phone.
A database schema is the overall structure of the data in a database, including the relationships between different pieces of information.
It's like a blueprint for a house, showing how all the different rooms and features fit together.
Frequently Asked Questions
Who owns Libro Credit Union?
Libro Credit Union is owned by its customers, who have a say in the institution's decisions. This unique ownership model allows customers to shape the direction of the credit union.
Who is eligible for libro credit union?
To join Libro Credit Union, you must be an adult (18+) living or working in Ontario, and become a member-owner by purchasing membership shares. There is no fee to join, making it an accessible option for eligible individuals.
Are credit unions better than a bank?
Credit unions often offer more personalized benefits and lower fees compared to banks, thanks to their member-owned, non-profit structure
Which bank is Libro?
Libro is a member-owned credit union, not a traditional bank. Discover more about Libro's unique banking services and benefits by visiting our website.
Sources
- https://en.wikipedia.org/wiki/Libro_Credit_Union
- https://wise.com/ca/bank-codes/transit-number/libro-credit-union
- https://rocketreach.co/libro-credit-union-profile_b5d57caaf42e3a0e
- https://financialpost.com/globe-newswire/libro-credit-union-appoints-shawn-good-as-president-ceo
- https://growjo.com/company/Libro_Credit_Union
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