Mepe Area Rural Bank PLC was incorporated in May 1989 as a Public Limited Liability Company. It was issued with a Certificate to Commence Business the same year.  The Bank obtained a banking license from Bank of Ghana in August 1991.

It commenced business officially on 16th October 1991. The Bank had made steady progress over the years.  From an initial stated capital of about GH¢50.00 its stated capital has risen to  GH¢1,024,988 at the end of December 2020 and is among the top 5 rural banks in Ghana.

The Bank has its head office at Mepe in the North Tongu District with a Branch at Sogakope in the South Tongu District of the Volta Region of Ghana