In 1979, a community-based organization, the La Mansaamo Kpee {LMK}, La Town Development Association, was established by the youth in the town to mobilise community resources for community development. One of the projects of LMK was a Community Bank. In 1984 the Association made a formal application to the African Development Foundation {ADF} in the United States to assist in the establishment of the Bank. ADF considered and approved the request in 1985 and an amount of US$164,561 was granted by ADF to LMK to cover cost of Renovation, Furniture, Stationery and Equipment etc. and a Revolving Fund of US$83,103. 

The guiding principles of our Business over the years are hinged on the foundations of our Core Values;
Honesty: We value uncompromised honesty in all aspects of our business. We maintain objectivity, openness, fairness and responsibility when dealing with our customers and the public.

Excellence : We deliver what we promise-and add value that goes beyond what is expected. We achieve excellence through continuously developing-and deepening-our knowledge of our business, and the skills of everyone within it; developing creative solutions and putting them into action.