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Our Core Business

The bank is a licenced “State Microfinance Bank” with head office at Unipark(Abuja Campus) University of Port Harcourt, Rivers State, Nigeria. We render flexible and affordable financial services to the active poor and sundry clients within and outside Rivers State. Our products/services include:

  • Current Account

    U and C MFB current account is designed to enable customers to consummate personal and third party transactions with the greatest ease. Our current account is facilitated by co-branded cheque cleared through our correspondent bank, UBA plc within the clearing cycle. You can carry out transactions on your current account through cheque, e-channels, ATM debit card or mobile app.

  • Savings Account

    Our savings products are designed essentially to promote savings culture among our customers. Our customers earn monthly interest on their savings. You can carry our transactions on your savings accounts at any of our branches or through ATM debit card, e-channels or mobile app from the comfort of your

Fixed Deposit

Loans & Advances

  • SME Loan

    U and C MFB SME loan is offered to help customers unlock their business potentials. To qualify for SME loan, the customer must have a verifiable business with visible cash flow. Our rate is affordable; processing cycle is fairly short, repayment is weekly/monthly with a short-term tenure.

  • Group Loan

    Our group lending model increasingly enhances our customer outreach. Group borrowers benefit from our micro credit through organized informal unions. The principal amounts satisfy customers small business needs; interest rate is affordable and repayment terms fit customers’ convenience and preferences. We uplift the economically active poor through group lending.

  • Petty Traders Loan

    We care for petty traders and artisans through our petty traders offerings.

  • Agric Loan

    U and C MFB is currently collaborating with the CBN to support farmers through CBN’s Agricultural Credit Guarantee Scheme (ACGS). The scheme offers 40% interest rebate to farmers who repay their loan on schedule without default.

  • Prosco Loan

    U and C Prosco loan is a target credit offering exclusively designed for civil servants to fund their household needs and investments in household equipments. The facility is secured either with salary domiciliation or e-standing order.

  • Prosperity Extra Loan

    U and C Prosperity Extra loan is another variant of civil servants loan exclusively designed to support civil servants’ investment in income generating assets to bolster their income stream. U and C Prosperity is specially designed to promote financial stability and independence among public servants. The facility is secured either with salary domiciliation or e-standing order.