Accounts

Secure, reliable accounts for individuals, families, and businesses.

Why Choose Our Accounts

Banking made simple, secure, and rewarding

CBN Licensed & NDIC Insured

24/7 Mobile Banking

Professional Customer Service

Quick Account Opening

How to Open an Account

Get started in just 3 simple steps

1

Choose Your Account

Select the account type that best suits your financial goals

2

Provide Documents

Submit valid ID, passport photo, and proof of address

3

Start Banking

Make your first deposit and begin your wealth journey

Accounts & Deposits

Covenant MFB offers flexible and reliable deposit accounts to help you manage, save, and grow your money securely. Whether you're saving for the future or running a business, we have the right account for you.

Savings Account
Savings Account
For individuals looking to save and earn interest with flexible withdrawals.
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Easy opening

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Earn interest

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Flexible access

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24/7 banking

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Simple upkeep

Current Account
Current Account
Tailored for individuals and businesses for daily transactions.
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Third-party access

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Zero minimum balance

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Loan eligibility

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Free statements

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Cheque lodgment

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24/7 access

Covenant Children's Savings Account
Covenant Children's Savings Account
Teach children financial literacy with our child-friendly savings plan.
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Attractive interest

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Early discipline

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Convertible later

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Low balance

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Education savings

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Safe & flexible

Fixed Deposit Account
Fixed Deposit Account
Helps you achieve specific financial goals with discipline.
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High returns

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Secure funds

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Flexible terms

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Reinvest option

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Easy access

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Guaranteed growth

Shiloh Savings Account
Shiloh Savings Account
Save easily for Shiloh with high interest and stress-free banking.
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Event savings

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High interest

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Low opening balance

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24/7 access

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Stress-free setup

Covenant Daily Investment Scheme (CODIAS)
Covenant Daily Investment Scheme (CODIAS)
Daily savings made simple and rewarding for business growth.
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Daily savings

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Simple process

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Access loans

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Business growth

Corporate Current  Account
Corporate Current Account
Empowering Registered Companies with Secure Banking Solutions
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Secure Business Banking

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Trusted Corporate Partner

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Tailored for Corporates

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Smart Financial Control

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Regulatory Compliance Assured

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Efficient Account Management

Sole Proprietorship/Partnership Account
Sole Proprietorship/Partnership Account
Smart Banking Designed for Small and Growing Business Owners
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Effortless Business Banking

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Flexible Financial Solutions

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Reliable Partner Support

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Seamless Digital Access

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Smart Financial Control

Unincorporated Societies / Clubs / Association Accounts
Unincorporated Societies / Clubs / Association Accounts
Banking Made Easy for Clubs, Associations, and Community Groups
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Transparent Fund Management

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Seamless Group Transactions

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Secure Banking Platform

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Community-Focused Support

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Easy Account Access

Your bank in your pocket

Manage your money on the go with the Covenant MFB mobile app. Transfer funds, pay bills, check balances, and request loans — all from your phone, anytime, anywhere. Fast. Secure. Easy.

Cash and payments, anywhere.

Offer quick payments with POS and ATM services from Covenant MFB — built to support your business and community.

Your Bank is One Code Away

With *566*44#, your account is always within reach — fast, secure banking from any mobile phone.

www.covenantmfb.com.ng

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