UNN Staff Microfinance Bank Limited

UNN Staff Microfinance Bank Limited is a Nigerian microfinance bank based at Ado Bayero Way on the University of Nigeria, Nsukka campus in Enugu State. It was established in 1992 as the University of Nigeria Nsukka Community Bank LTD, incorporated on 13 December 1993, commissioned on 23 November 1994 and began business on 1 January 1995 to serve the university community and the towns and villages around it. The bank was originally located on Fulton Avenue on the Nsukka campus and later expanded, opening a branch in Enugu in 2003 to serve the university's Enugu campus community. The institution's regulatory identity evolved over time. It received a provisional licence to operate as a unit microfinance bank on 11 June 2007 and subsequently a state microfinance licence on 5 December 2012. In November 2013 it relocated its head office to Ado Bayero Way, near the main entrance gate of the Nsukka campus. Wikidata records the microfinance bank as registered since 1 February 2008 and formerly known as UNN Community Bank Limited. The bank positions itself around the slogan "Your Financial Status is in Good Hands" and describes its vision as leading in the provision of financial and social services in the microfinance banking sector towards Nigeria's economic growth and development. Its mission is to render excellent financial and social services to the active poor and to micro, small and medium entrepreneurs in rural and urban areas. It offers savings and current accounts, investment accounts, e-payment and online banking, mobile banking, branch operations, and group deposit mobilisation and lending. Product tiers include individual, association, joint and corporate accounts, alongside specialised schemes such as the Da August Meeting Savings Scheme Plan and the Festivity Scheme. The bank is a privately held, community-oriented institution rather than a listed company, and its leadership includes Professor P-J Ezeh as Chairman of the Board of Directors. Its customer base spans low-, middle- and high-income individuals as well as businesses, corporate organisations and NGOs, with a particular focus on the university community and nearby towns.

UNN Staff Microfinance Bank Limited traces its origins to 1992, when it was established as the University of Nigeria Nsukka Community Bank LTD. It was incorporated on 13 December 1993, commissioned on 23 November 1994, and commenced business on 1 January 1995 with the purpose of serving the University of Nigeria, Nsukka community and the towns and villages around it. At establishment, the bank was located at Fulton Avenue on the University of Nigeria, Nsukka campus. By 2003 the bank had grown sufficiently to open a branch in Enugu, intended to serve the community at the university's Enugu campus. That branch is located at 15 College Road, Ogui New Layout, close to the Enugu Campus entrance gate. The bank's regulatory status developed in stages. On 11 June 2007 it was granted a provisional licence to operate as a unit microfinance bank. It subsequently received a state microfinance licence on 5 December 2012. Wikidata records the microfinance bank as registered since 1 February 2008 and notes that it was formerly known as UNN Community Bank Limited. In November 2013 the bank relocated its head office to Ado Bayero Way on the University of Nigeria, Nsukka campus, close to the main entrance gate. The bank continues to operate from that address, offering savings, current and investment accounts, e-payment and online banking, mobile banking, branch operations, and group deposit mobilisation and lending. Its stated vision is to lead in the provision of financial and social services in the microfinance banking sector towards the economic growth and development of Nigeria, and its mission is to render excellent financial and social services to the active poor and to micro, small and medium entrepreneurs in rural and urban areas.

• 2013

  Relocated its head office to Ado Bayero Way, University of Nigeria, Nsukka campus, in November 2013.

• 2012

  Granted a state microfinance licence on 5 December 2012.

• 2008

  Wikidata records the microfinance bank as registered since 1 February 2008.

• 2007

  Granted a provisional licence to operate as a unit microfinance bank on 11 June 2007.

• 2003

  Opened a branch in Enugu to serve the university's Enugu campus community.

• 1995

  Commenced business on 1 January 1995 to serve the university community and surrounding towns and villages.

• 1994

  Commissioned on 23 November 1994.

• 1993

  Incorporated on 13 December 1993.

• 1992

  Established as the University of Nigeria Nsukka Community Bank LTD.

A community-focused microfinance bank serving the University of Nigeria, Nsukka community and surrounding towns, with the slogan "Your Financial Status is in Good Hands".

• UNNSMFB Savings Account

  Savings account with a minimum opening balance of N2,000 for individuals and N5,000 for associations.

• UNNSMFB Current Account

  Current account with a minimum opening balance of N3,000 for individuals and N5,000 for associations and corporates.

• Investment Account

  Investment banking account for customers to manage their investments.

• E-payment / Online Banking Services

  Electronic banking services including online banking and mobile banking via the bank's mobile app on Google Play.

• Da August Meeting Savings Scheme Plan (AMSSP)

  Savings scheme with a minimum opening balance of N5,000 and regular personalised cash pick-up throughout the August meeting period.

• UNNSMFB Festivity Scheme (Save Money, Live Better)

  Festivity savings scheme with a minimum opening balance of N2,000 and regular personalised cash pick-up of any amount above N500.

1. 1Home - UNN Staff Microfinance Bank Ltdunnsmfb.com
2. 2About - UNN Staff Microfinance Bank Ltdunnsmfb.com
3. 3Our Services - UNN Staff Microfinance Bank Ltdunnsmfb.com
4. 4Products - UNN Staff Microfinance Bank Ltdunnsmfb.com
5. 5UNN Microfinance Bank Limited - Wikidatawikidata.org