Waterloo residents and businesses no longer have to make the long and often difficult journey into Freetown to access banking services, following the official opening of a new Rokel Commercial Bank (RCBank) branch in the bustling Western Area Rural District headquarters on Tuesday, 19th August 2025.

The fully functional branch is set to provide customers with a wide range of innovative products and services, marking what many community members have described as a landmark development in an area with a fast-growing population but limited access to formal financial institutions.

The Waterloo branch opening comes just a month after RCBank launched another branch at Cline Town in eastern Freetown, underscoring its reputation as the fastest-growing financial institution in Sierra Leone.

Speaking at the event, Director of Banking Supervision at the Bank of Sierra Leone, Sajoh Bah, hailed the expansion drive, describing RCBank as a “trailblazer in the development of Sierra Leone’s banking industry.” He urged residents to support the institution, emphasizing its status as a truly indigenous bank committed to national development.

Managing Director of RCBank, Dr. Walton Ekundayo Gilpin, reaffirmed his team’s commitment to growth and market leadership. He encouraged the Waterloo community to embrace the bank, noting its strong focus on people-centered services.

The historic ceremony was graced by several dignitaries, including RCBank Board Chairman, John Sumaila, Board member Rev. Archer Campbell, representatives from the Armed Forces Training Center (AFTC) and officials from the Western Area Rural District Council.

With the new branch, RCBank continues to deepen financial inclusion and bring essential services closer to communities across Sierra Leone. https://thecalabashnewspaper.com/rcbank-expands-footprint-with-new-waterloo-branch-boosting-financial-access/