nCino, a provider of cloud banking for the global financial services industry, announced this week that Libro Credit Union, one of the largest credit unions in the Canadian province of Ontario, has selected nCino’s Cloud Banking Platform.
Libro serves more than 117,000 owners via 34 branches and 800 employees. Known for its unique approach to service and commitment to community, Libro invests 100% of its profits back into the people, businesses, and communities it serves, focusing on fostering financial resilience.
“At Libro, our ultimate goal is to make an impact by building financial resilience in everyone we encounter because we know that together, we can build a stronger community,” said Carol Normandeau, executive vice president, advice and service, at Libro Credit Union. “Our transition from multiple systems to nCino’s single platform marks a significant step forward in enhancing our operations and achieving our mission. We’re thrilled about the possibilities nCino brings and anticipate the positive impact it will have on enhancing the end-to-end experience for our Owners and staff.”
“We’re proud to partner with Libro on their journey to enhance the banking experience for their Owners,” said Greg Wipke, vice president of sales, Canada at nCino. “When it comes to operational efficiency, nCino offers (them) a user-friendly front-end while simultaneously allowing for better collaboration and knowledge sharing on the back-end for employees. By decreasing time to funding with nCino, Libro will be able to have an even greater impact on its communities, and we’re excited to be part of that as well.”
Through its single software-as-a-service (SaaS) platform, nCino helps financial institutions serving corporate and commercial, small business, consumer, and mortgage customers modernize and more effectively onboard clients, make loans, manage the loan lifecycle, and open accounts. nCino is partnered with more than 1,800 financial services providers globally.
Libro Credit Union is a purposed-based business proudly committed to making a positive impact as a certified B Corporation®, as an associate member of the Responsible Investment Association, and as a Living Wage employer.
