London-Based Libro Credit Union Eyes $11B Mega-Merger

London-based Libro Credit Union eyes $11B mega-merger

A homegrown London-based credit union may be getting bigger – much bigger.

Kawartha and Libro Credit Unions enter merger talks, eyeing province-wide growth

Two of Ontario’s largest community credit unions have entered into merger discussions, aiming to create a stronger, more scalable financial institution while preserving their local roots. The Boards of Kawartha Credit Union and Libro Credit Union confirmed the talks in a joint statement, saying the move would benefit Members/Owners, employees and communities across the province. “The Boards of both credit unions believe this merger is in the bes…