UPDATE B.C.’s Tru Cooperative Bank and Ontario’s Libro Credit Union propose landmark merger to create a national cooperative banking option for Canadians

LANGLEY, B.C and LONDON, ON, Sept. 22, 2026 (GLOBE NEWSWIRE) -- Tru Cooperative Bank, a federally regulated credit union, and Libro Credit Union today announced they have signed a memorandum of understanding to explore a proposed merger. If approved by members, the combination would bring together two of Canada’s largest financial cooperatives in one of the largest mergers of its kind in Canadian history, and create a stronger, made-in-Canada choice in financial services.