Libro Financial Group Launches Paperless Statement
Campaign and Supports Trees Ontario

March 23, 2009 - Libro Financial Group, a credit union with branches across southwestern Ontario is committing $20,000 to Trees Ontario in promotion of its paperless statement campaign with customer-owners.

With 10% of its customer-owners already 'going green, going paperless', Libro is aiming to engage another 5% of its customer-owners to shift to this greener method of record keeping by May 31, 2009. This contribution will see approximately 8,000 native seedlings planted in 2010 through Trees Ontario.

"We're very proud of our customer-owners for helping us reach our goal," said Tania Goodine, VP Brand. "Their enthusiasm about paperless statements saves enough paper and postage costs that we are able make this contribution to Trees Ontario to plant trees in the communities where we all live, work, and play."

"Trees Ontario commends Libro's commitment to the environment," said Michael Scott, President and CEO. "A paperless statement campaign will result in less waste, and help support the planting of more trees across the province, which will result in a greener Ontario."

Libro Financial Group is southwestern Ontario's full-service credit union operated by a community of owners and open to everyone. With 50,000 owners and more than $1.5 billion in assets under administration, Libro delivers a full range of chequing, savings, investment, RRSP, insurance and loan products along with financial coaching and advice for consumers, and farm and business owners. Libro has 15 branches in southwestern Ontario and owners have access to a surcharge-free network of 2,500 ATMs across Canada. For more information, see www.libro.ca.