The Thrissur District Co-operative bank ltd. No.60 was registered as the Cochin Central
Cooperative Bank Ltd, on 29/06/1918. It started functioning on 19/11/1918 as the apex
bank of the erstwhile Cochin state with 39 affiliated societies and a paid up capital of
Rs.2,795/-.The first board of directors of the bank was constituted on 15/07/1918 under
the leadership of Manakkulam kunjunni raja. Shri. Kunjunni raja was the first president
and sri. V.K.Varkey was the first secretary. In 1954, when cochin and Travancore States
were amalgamated, the then Travancore Central Co-operative Bank was granted the
status of Apex Bank and the Cochin Central Co-operative Bank was affiliated as District
Co-operative Bank. Subsequently a branch was opened at Ernakulam on 1st December
1954.Later, in 1961 the area of operation of the Bank was restricted to Thrissur Revenue
District and the Bank was renamed as Thrissur District CO-operative Bank. This was
done after the re-organisation of Co-operative Banks on the basis of Revenue District.
Till 1978, the bank extended finance only through Primary Co-operatives and in 1978,
and then it started direct finance to individuals. Now the bank functions with its
registered office at Thrissur and extends its operation to the whole Revenue District
through 48 branches. Their head quarter is situated in the newly constructed “Sahakarana
Sathabdhi Mandiram”, at Kovilakathumpadam, near North bus stand of Thrissur town. It
is governed by an elected director board. The general manager of the bank is a
professionally qualified person. The present President is Sri.T.U.Udayan and Sri. M.
Ramanunny is the Chief Executive (General manager).There are three deputy general
managers under the GM. The employees of the bank are recruited by a recruitment board
constituted by state government for this purpose.
Posted by Prathish P D at 7:33 PM 0 Comments
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