Membership of the society is open to:
- All serving staff of the Central Bank of Nigeria (CBN), irrespective of location.
- All CBN staff on secondment to other institutions
- All CBN pensioners - retired employees under the old Pension scheme
- All CBN retirees - retired employees under the new Pension scheme
Retired employees under the new Pension regime may retain their membership with the CBN SMCSL, to continue to enjoy the savings culture encouraged by the Society and other benefits. This category of members may be granted credit facilities subject to certain conditions which will be published soon. The Management Committee welcomes useful suggestions on how to provide them access to certain benefits that are contingent on the monthly check-off system of contribution.