If you’ve been thinking about changing where you do your banking, why not consider a credit union? Libro Financial Group is one of numerous credit unions in southwestern Ontario that offer full service banking, with a few advantages.
The major different between banks and credit unions is that credit unions are owned by their members, or account holders. This means that the decisions made by management are in the best interest of their member-owners, not shareholders looking to make a profit. Decisions are made locally by the staff and elected representatives who understand the business and conditions of their community.

Being credit union owner means you can share the profit they make too. Each credit union is different, but the option of profit sharing is a huge bonus for many credit union owners.

It is not true that you have to belong to a certain group to join a credit union. At most credit unions anyone can join and open an account. While there are some closed-bond credit unions (only open to employees of a factory or members of a certain ethnic background), these are less common.

Because credit unions are run locally, they contribute to their communities in many ways, often through donations and sponsorships of community groups that may not hit the radar of national organizations.

Staff who live in your community are also less likely to be moved around just as you’re getting to know them. Your representative is your advocate within the credit union and has a say in financing decisions, they’re not relying on a computer or an office in Toronto to tell them if your mortgage will be approved. Credit unions pride themselves on the personal touch. While technology like online banking and ATMs are often a given, you’ll also find friendly staff at the branch when you need them. As an owner, you also have access to the best talent, no matter the size of your portfolio. Credit unions treat all owners equally and fairly and you can expect a high level of service.

Deposits held at credit unions are insured by the Deposit Insurance Corporation of Ontario, so your savings are just as secure as at a national bank.

If you’re ready to do more than switch banks, consider joining a credit union!

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Jennifer McCallum

Thank you so much for stopping by this page to get to know a bit more about me and why I started Parent Guide Inc. My business story started a way back in 2001... …after the birth of my first daughter, I realized that an "all-in-one" resource guide for parents was needed, and fast! I designed the New Parent Resource Guide to fill a gap in the community for busy parents like myself. The New Parent Resource Guide offers an A-Z of key contacts for parents, caregivers, service providers, and health care professionals.  Working with key businesses and organizations in the community, we have also compiled much-needed articles, tips, and charts to answer all your parenting questions. The latest addition to our family is the School Age Resource Guide to serve parents of children, 3 to 18 years!  This guide answers questions about: nutrition, bullying, curriculum, building self-esteem, and much more, as well as offering a full directory of local and national resources. The Parentguide.ca website offers an “all-in-one” spot for parents to connect, add their own blog, and find needed resources in their community.  It is a site that educates and entertains and if you can't find somthing just ASK me. I am here to serve YOU!  My hope is that you connect with our members, find comfort in their words, and share your own story. My goal is to see what I can do to help make life a bit easier for you.   You are why I do what I do! I can’t wait to get to know you!  Comment below to tell me about yourself – then start blogging so we can find out what makes you get up in the morning!  Check out my blog too and I am sure you will be surprised what gets me out of bed each day!!! Jennifer -  Mom and Publisher

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