Prior to the advent of rural and commercial banking in Ghana, some commercial banks were unwilling to operate in rural communities. The few who ventured demanded collateral which the customers could hardly provide. Having considered critically the inadequacy of services rendered by commercial banks to rural Ghana, the Bank of Ghana decided to encourage the establishment of banks in, and owned by rural communities.

These banks were expected to have a better understanding of the conditions in which their customers who are mostly farmers, fishermen and artisan craftsmen since they lived and worked in the same communities with them. Such bank were also expected to provide accessible credit and to support rural and community development. Importantly, it was also the wish of the Central Bank to deepen the habit of savings and to encourage them from keeping their wealth under their beds. The first rural bank started at Agona Nyakrom in the Central Region in 1976. The success story of this pioneer encouraged many other rural communities all over the country to setup their own banks under the auspices of the Central bank.

Established in 9th December 2002, Swedru Commercial  Bank is strategically sited at Swedru in the Central Region to bring banking services to the door-steps of the people in the communities in Ghana. The main aim of the bank is contribute to efforts at raising the standard of living.

This aim, the bank continues to focus on by always facilitating the creation of opportunities for the growth of small business enterprises. The bank is managed by a team of well experienced and highly motivated staff who continue to drive the design and roll-out of innovative services and products to fully satisfy the banking needs of the good people of Central Region and Greater Accra and its environs.