Originated as a village co-operative society in 1958, which in later years was converted as a Service co-operative bank during the year 1961. On March 20th 1975, the bank was again upgraded as an Urban bank. The area of operation of the Bank is spread over 16 Panchayats of the Kottayam District. The bank is one of the top 5 urban banks in the State and first in the District.
The Bank holds the unique distinction of having the largest number of branches(20 branches) in the State of Kerala and all the branches are computerized.
The RBI has permitted the Bank to accept NRE and NRNR deposits. As on 01.04.2013, the Bank has a highly dedicated team of 103 full time employees who have made the encouraging performance of the Bank possible by extending exemplary services to its customers.
The bank is headed by a team of eminent Directors with Mr. K.F Kurian as Chairman and Mr. Abin M Abraham as the General Manager.