Personal Accounts - Personal Banking Options

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Libro is Banking with a Difference

Libro offers a full range of chequing and savings accounts to fit your needs. We’re committed to giving you the best service and coaching along with convenient access to do your banking the way you choose. Whatever your banking needs are, Libro has you covered.

Why Libro?

We’re here for you. You have goals and we can help you achieve them with personalized coaching.
Our co-operative structure means you’re an Owner and share in our profits. In 2021, we returned $13.96 million in profits to Owners.
We help create stronger communities by investing locally in financial resiliency, employment, housing and local food accessibility.

New to Libro? Join online!

Choose the account type you want.
Open your account online in less than 5 minutes.
Receive your confirmation through email and make a deposit to your new account.
That’s it – you’re all set!

Get Started

Already bank at Libro?

Explore the additional account options below. To open an account, contact a Libro Coach at 1-800-361-8222 or book an appointment today.

Chequing Accounts

Basic

A pay-as-you-go account for those who spend as little time banking as humanly possible. Best if you have limited transactions.

$4 (minimum)/ month

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Monthly Fee

Waived with $1,000 minimum monthly balance
$0.60 per additional debit transaction

Key Benefits

12 transactions per month
5 surcharge-free Interac® ATM withdrawals per month*
Overdraft available

*Does not include fees charged by other financial institutions or independent ATM owners for the use of their ATM. To avoid extra fees, use Libro ATMs or those found on our locations page.

Go Free Chequing

Chequing account for those ages 13–25 with no monthly fee.

Free

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Monthly Fee

Free for anyone under the age of 26

Key Benefits

Unlimited transactions
Unlimited surcharge-free Interac® ATM withdrawals**
Free unlimited Interac® e-transfers
10 free Interac Request Money transactions per month

**Does not include fees charged by other financial institutions or independent ATM owners for the use of their ATM. To avoid extra fees, use Libro ATMs or those found on our locations page.

Simplify

Flat-fee unlimited account. Best if you keep a minimum monthly balance of $2,500+ or have 27+ transactions per month.

$14 / month

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Monthly Fee

$2 discount with automatic payroll deposit
Waived with $2,500 minimum monthly balance

Key Benefits

Unlimited transactions
5 surcharge-free Interac® ATM withdrawals*
Free unlimited Interac® e-transfers

*Does not include fees charged by other financial institutions or independent ATM owners for the use of their ATM. To avoid extra fees, use Libro ATMs or those found on our locations page.

US Chequing

An account for US Dollar transactions with cheques available.

Free

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Monthly Fee

$0
65¢ per additional debit transaction

Key Benefits

Three interest earning rate tiers:
- $ 0 – $99,999
- $100,000 – $499,999
- $500,000 +

*Does not include fees charged by other financial institutions or independent ATM owners for the use of their ATM. To avoid extra fees, use Libro ATMs or those found on our locations page.

Premium

Premium flat-fee unlimited account. Best if you have over $75,000 in deposits and loans at Libro or require extra perks.

$25 / month

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Monthly Fee

Waived with $75,000+ portfolio balance

Key Benefits

Unlimited transactions
Unlimited surcharge-free Interac® ATM withdrawals*
10 free Interac Request Money transactions per month
Free unlimited Interac® e-transfers
Free cheque printing, stop payments, drafts

*Does not include fees charged by other financial institutions or independent ATM owners for the use of their ATM. To avoid extra fees, use Libro ATMs or those found on our locations page.

Savings Accounts

Did you know you can open a savings account in Online Banking? Simply click “Add Account” on the main account summary page!

View our Savings Rates

Investment

Savings account that pays a higher rate of interest on balances $1,000+.

Free

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Monthly Fee

2 free debit transactions per month
$2 per additional debit transaction

Key Benefits

2 free transfers to loan payments, chequing, savings and investments (then $2 each)

View our Savings Rates.

*Does not include fees charged by other financial institutions or independent ATM owners for the use of their ATM. To avoid extra fees, use Libro ATMs or those found on our locations page.

Regular

Standard savings account; transaction fees waived with $5,000 minimum monthly balance

Free

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Monthly Fee

$1 per debit transaction

Key Benefits

Free transfers to loan payments, chequing, savings and investments

View our Savings Rates.

*Does not include fees charged by other financial institutions or independent ATM owners for the use of their ATM. To avoid extra fees, use Libro ATMs or those found on our locations page.