Union Homes Savings and Loans Plc Revenue and Competitors

Union Homes Savings and Loans Plc, the flag bearer of the nation’s housing sector was incorporated on November 6, 1992 and licensed to carry on mortgage banking business on May 30, 1994. Union Homes formally commenced business on August 2, 1994 at her current Head Office location on 153, Ikorodu Road, Onipanu, Lagos. The establishment of Union Homes by Union Bank was in response to Government’s clarion call then, to well-meaning Corporate bodies to assist under the national housing policy, in the provision of affordable housing stock for the citizenry. Since then, Union Homes has made successful, unique and progressive contributions in housing delivery, giving impetus to housing development and fresh initiatives to sector’s operators and stakeholders. The institution has a six-man Board, led by Funke Osibodu (Mrs.) Chairman, who is also the Group Managing Director/Chief Executive of Union Bank of Nigeria Plc. Others on the Board are Mr. S.O. Thomas, Managing Director/Chief Executive, Mr. J.M. Garba, Executive Director, Mr. F.A. Shonubi, Prince C.J. Omo-Ijiade and Barr. M.I. Sanni, as Directors. Starting with only one branch in 1994, Union Homes presently has grown 27 branches across the country, and a profitable banking connection in Ghana. VISION Union Homes vision is to be a world-class mortgage institution MISSION To drive the mortgage market in Nigeria, employing the best brains and state-of-the-art technology and create wealth for all stakeholders.