Year 2012 — Inauguration of our Bank

Our Journey so far

The Nigerian Correctional Service Microfinance Bank Ltd is being sponsored by the management of Nigerian Correctional Service (NCoS) ably headed by the then Controller General, Mr. Olusola Ogundipe. His tenure saw NCoS metamorphosed from the enclave into a pragmatic and dynamic organization. The task to establish the bank has been squarely placed within the ambit of the NCoS Multipurpose Cooperative Society (PRISCO), and the bank commenced operations in 2012.

Who Are You

From a cooperative to a bank

PRISCO has been in the forefront of providing welfare schemes for the entire members of NCoS staff since its inception. However, it has become obvious that its limited resources could no longer cope with the dynamic needs of the large staff strength of NCoS, hence the need to seek for a window that provides larger access to financial resources such as microfinance bank.

Members of a cooperative savings group

Our Vision

To be the most trusted and preferred microfinance bank in Nigeria — delivering inclusive, technology-driven financial services that improve the livelihoods of officers of the Nigerian Correctional Service, their families and every customer we serve.

Our Mission

  • To facilitate and support entrepreneurship
  • To initiate programs and activities that encourages savings
  • To drive financial services through modern technology
  • To attract customers through best practices
  • To add value to the communities served
  • To generate sufficient returns to the Shareholders

Core Values

  • Honesty
  • Accountability
  • Responsiveness
  • Professionalism
  • Empathy
  • Loyalty

We are committed to you

Our professionalism is second to none.

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