Coop One-Stop: CMB trains first batch of Agents

In line with the commencement of Coop One-Stop across the nation, Cooperative Mortgage Bank has trained the first batch of Agents for the agency banking initiative.

The training, coordinated by Head, Learning and Development of the bank, Kofoworola Nwosu, was held at CMB Training School in Ibadan, the Oyo State capital.

In her opening remarks, Chief Marketing Officer, Anthonia Nnaebue, disclosed that CMB’s commitment to taking banking to the grassroots through Agents who double as representatives necessitated the project.

She said, ‘’Cooperative Mortgage Bank has been in existence for the past 27 years. We perform the regular banking functions and we are a mortgage bank per excellence.


‘’Coop One-Stop is one of the steps we’re taking to bring banking closer to the people. With this, our services will get to those places we don’t have branches or contact centres. Hence, while banking becomes easier for Nigerians, Agents will get amazing benefits from the initiative.’’

Speaking on the uniqueness of Coop One-Stop, Head of Agency Banking, Stella Abu, noted that the target was a minimum of 36,000 Agents across the nation, adding that attractive commission, access to home ownership benefits and other incentives await Agents.

Head of Banking Operations, Oluwatosin Adedokun, went through the card reader and mobile application processes before the Chief Operating Officer, Chiwendu Umezurike performed live demonstrations, assisted by Abel Ayinde and Mercy Bamiduro from the bank’s ICT Department.

Enumerating the core values of CMB, Head of Communications and Public Relations, Olufunmilayo Afolabi, reiterated the commitment of the management to integrity, while urging Agents to perform their roles with dignity and candour.

The highlight of the event was the presentation of gadget, promotional materials and certificate to participants.
Established in 1994, Cooperative Mortgage Bank’s twin objectives encapsulate 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 14 contact centres and branches across Nigeria, 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.

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