The Libro Credit Union Centre in Amherstburg.  (Photo by Adelle Loiselle.)The Libro Credit Union Centre in Amherstburg. (Photo by Adelle Loiselle.)
London

London-based credit union investing to protect the most vulnerable

A credit union based in London is banding together with the United Way to meet the growing needs of those struggling in the fallout of the COVID-19 pandemic.

Libro Credit Union announced on Friday that it will be donating $320,000 to COVID-19 Emergency Response Initiatives of local United Ways across southwestern Ontario.

“There is an immediate need for community to come together and support each other,” said Liz Arkinstall, Libro's corporate social responsibility manager. “Libro’s community investment programs support financial resilience, housing, local food accessibility and employment, and while we typically support longer-term projects, we knew it made sense to adapt and meet immediate need."

United Way chapters around the region provide needed emergency support for the most vulnerable populations in each community.

Libro, a certified B Corporation, has branches all across southwestern Ontario and invests 100 per cent of its profits back into the communities it serves.

As of Friday evening, 3,255 people have been diagnosed with COVID-19 in Ontario. Those who are most at risk of severe outcomes as a result of the virus are those aged 65 and over, those with compromised immune systems and people with underlying medical conditions.

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