Published: August 7, 2026
HARPER, Maryland County –The launch of MC2 Maryland Community Bank in Harper City is being hailed as a major milestone in Maryland County’s economic development, with officials expressing hope that the institution will stimulate business growth, increase savings, and create employment opportunities.
The bank, established through investments made by citizens who purchased shares, officially opened over the weekend in Harper following approval from the Central Bank of Liberia.
Speaking during the dedication ceremony, shareholder Annie T. Sleweon said the institution was created to strengthen the local economy by making banking services accessible to residents and entrepreneurs.
“Our goal is to support small businesses, promote savings, and contribute to economic growth across Maryland County,” she said.
Representative P. Mike Jurry, who assisted the project in securing legal documentation and mobilizing support, said the bank represents an investment in the county’s future.
According to Jurry, residents had repeatedly complained about traveling to Pleebo to access banking services. The new institution will provide loans, savings accounts, and other financial products that can help businesses expand and create jobs.
The Chairman of the Advisory Board, Willie Togbor, disclosed that the bank has already invested in local human resource development by recruiting six Maryland County residents who completed professional banking training in Monrovia with Afriland Bank.
He emphasized that all employees from management to support staff were recruited locally.
Maryland County Superintendent Nathaniel S. Toe Jr. encouraged residents to embrace formal banking, saying secure savings and access to financial services are essential to economic development.
Officials from the National Port Authority, religious organizations, women’s groups, and community leaders also pledged their support, urging residents, schools, businesses, village savings groups, and cooperatives to open accounts with the new institution.
Francis Morgan, who oversees community bank development in Liberia, confirmed that MC2 Community Bank has satisfied all regulatory requirements and is fully prepared to begin operations.
He also revealed that graduates of William V. S. Tubman University with Banking and Finance degrees have completed professional training and will strengthen the institution’s workforce.
Community leaders believe the new bank will not only improve access to financial services but also encourage investment and long-term economic transformation throughout Maryland County.
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