Forward, Together
It's official – Kawartha and Libro credit unions are merging.
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Kawartha and Libro Merger Approved Members and Owners Vote Yes
Kawartha Credit Union Members and Libro Credit Union Owners have voted in favour of merging to become one credit union. The vote was held between October 20 and 30. A favourable vote required 66.67% approval from all voting classes at both credit unions. The vote results are as follows:
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88.1% of voting Kawartha Members and 90% of voting Libro Owners voted in favour of the Proposed Merger
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90.7% of shares of voting Kawartha Class A Investment shareholders and 96.3% of shares of voting Libro Class I Investment shareholders voted in favour of the Proposed Merger
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89.4% of shares of voting Kawartha Class B Affinity shareholders and 88.7% of shares of voting Libro Class P Profit shareholders voted in favour of the Proposed Merger
Merger Information - Virtual Info Session Recording
View a recording of Kawartha's virtual information session held on October 16 about the proposed merger between Kawartha and Libro credit unions. Members of Kawartha Credit Union's Executive Leadership team, along with members of Kawartha's Board of Directors, provided an overview of the merger, including the benefits to Kawartha members, and answered member questions.
Special General Meeting
Learn more about what the merger means for Kawartha members, including benefits, FAQs, and key information to help you make an informed voting decision.
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