AGENCY BANKING: CMB launches Coop One-Stop

In furtherance of its commitment to bringing banking closer to the populace for efficiency and transparency, the management of Cooperative Mortgage Bank (CMB) has introduced a unique Agency Banking system, Coop One-Stop.

The initiative is designed to allow agents who would be physically present in Cooperative Society Offices, local governments, universities, markets, villages and small communities to provide regular banking services and perform other functions which encompasses National Social Housing Savings Scheme, Cooperative Save for Shelter and Thrift Savings (Ajọ).

In a press statement signed by Mrs Olufunmilayo Afolabi, Head, Communications and Public Relations, and made available to People & Politics, the Head of Agency Banking, Mrs Stella Abu, explained that Agency Banking has grown over the years since it was first initiated in Brazil in 1999 due to its versatility, a method CMB is currently adopting to make banking easier for all.

She revealed that Coop One-Stop project will provide employment for Nigerians who are willing to take banking to their neighbourhoods and make huge profit.

While calling on interested Nigerians to embrace the opportunity, Mrs Abu disclosed that agents will benefit from adequate training and provision of necessary facilities specially designed for the project. 

The Managing Director/Chief Executive Officer of CMB, Kabir Tukur, has therefore assured both existing and potential customers of exceptional service delivery and commitment to satisfaction.


He urged cooperators, who are the main beneficiaries of the Coop One-Stop Agency Banking initiative, and Nigerians in general to key into the project for maximum benefits.

Established in 1994, Cooperative Mortgage Bank’s twin objectives are: provision of affordable and durable houses to the populace, and provision of structured mortgage for ease of home ownership.

As an award-winning financial institution with over 13 contact centres across the nation, CMB is licensed and regulated by the Central Bank of Nigeria and the Federal Mortgage Bank of Nigeria, insured by the Nigeria Deposit Insurance Corporation, and accredited by Federal Department of Cooperatives as a cooperators’ bank.


Coop One-Stop Contact

Phone: 09053994506//070026226564

WhatsApp: 08083031351

Twitter/Instagram: cmbanknigeria

Facebook: Cooperative Mortgage Bank




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