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Libro Credit Union Awards $320,000 Through 2021 Libro Annual Grants
Libro Credit Union (Libro) announced the recipients of the 2021 Annual granting program investing a total of $320,000 with $70,000 supporting four (4) projects locally in Windsor-Essex.
“Considering that the pandemic has intensified the economic and social challenges in our communities, we used the 2021 Annual Grants program to support solutions for the recovery and rebuilding of our communities in the areas of housing, employment, local food accessibility and financial resilience, and that can have a long-term impact” said Liz Arkinstall, Corporate Social Responsibility Manager.
Libro proudly supports programs and projects across southwestern Ontario that are helping to grow prosperity. At a celebration event in Leamington on Monday Oct. 4th, Libro recognized UHC – Hub of Opportunities for their Leamington Regional Food Hub Program, a grant recipient of $20,000. The other 3 grant recipients were celebrated on September 15 and were the following: Caldwell First Nations ($20,000); Connections Early Years Family Centre ($10,000); and COOK-UP ($20,000).
Libro’s granting process is unique and reflective of the priorities of their customer-Owners and the needs of the communities they serve. Libro’s Owner Representatives participate in the grant evaluation process and have a voice in the award selection.
The Libro Annual Grants Program invested in a total of 25 organizations and community groups across southwestern Ontario. Libro’s aim to grow prosperity isn’t limited to community investment dollars. As part of their Prosperity Purpose, Libro thinks differently about how they conduct business overall, making decisions that have a positive impact on their Owners, communities, and staff.
The largest credit union in southwestern Ontario and a registered B Corp, Libro Credit Union serves 108,000 Owners –the customers who all own a piece of the company, including 9,566 businesses. Libro has more than 700 employees, 36 locations and a wide range of digital services, all supporting Owners as a full-service financial institution. For more than 75 years, Libro is also run as a cooperative, in which the customers are the shareholders, electing the Board of Directors. All of Libro’s profits stay in southwestern Ontario and everything Libro does is aligned with its social purpose of growing prosperity for everyone in the region.
