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Home / Our Services / Savings & Deposits

Save smart. Grow faster.

Start a habit or fund a big goal. With Lead City MFB, you get simple accounts, competitive returns, and app access that keeps you in control. 

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Regular Savings Account – Saving Plus

What it is:An everyday savings account for individuals, groups, clubs, and associations. 

Why it matters:Build discipline and earn while keeping access to your funds. 

How to get started:Open in minutes and fund by transfer or cash deposit. 

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Target Savings

What it is:A goalbased plan for students, salary earners, or small business owners. 

Why it matters:Stay consistent with optional standing orders and reminders. 

How to get started:Pick a goal and timeline. Automate contributions from your account.

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Fixed Deposit

What it is:Lock a lump sum for a fixed term and earn a guaranteed rate. 

Why it matters:Plan with certainty for short or medium term needs

How to get started:Choose amount and tenure. Receive a certificate and track maturity. 

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Cooperative or Group Savings

What it is:Structured savings for recognized groups or associations.  

Why it matters: Pool funds, build capital, and strengthen your path to future credit.

How to get started:Register your group. Set contribution rules and reporting.

Types of account and Use cases

Account Type

Use case

Regular savings account

savings account for individuals, groups, clubs, and associations

Target savings account

A goalbased plan for students, salary earners, or small business owners.

Fixed Deposit account

Lock a lump sum for a fixed term and earn a guaranteed rate.

Cooperative or group saving

Structured savings for recognized groups or associations.

You will need a valid ID, BVN, and basic KYC details. 

Why save with us?

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Competitive, goalfriendly options

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Simple onboarding and funding 

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Digital control through the app and Internet Banking

Start saving today. Open your account in minutes. 

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