About Us

The service Co-operation bank is completing 50 years of service in it's service history by it's unique personal ensealing in it's field of co-operation service, which was so comfortable for the people in 'Northern Malabar hill side villages' - New Naduvil & Velladu. We are very proud that this 50 years completed organization has been working as a very great help & support to people especially common people for their financial aids. On this auspicious occasion of celebrating our bank's Golden Jubilee is really a very proud & happy moment for us.

Naduvil co-operation bank has proved the principle synonymously that a co-operation organization's starting, growth, nurturing, sustainability, it's excellence is possible only by the co-operation & responsible team work mentality of the colleagues, Board of Directors group & employees.

In 1956, Naduvil Multi-purpose United Currency group was evolved by fellowship of 25 farmers in Naduvil village operational range. In the history of progression, this organization grew up into ‘Naduvil Service Co-operation Group' in 1962 & to 'Naduvil Service Co-operation Bank' in 1970.Now it's one among Kannur's rare 'Class One' banks which is working famously in hill area.On this auspicious occasion of celebrating Golden Jubilee, the bank has grown to an organization of 12,000 members, 52 lakh & more than 17 crore deposit. The member's loan is more than 20 crores. We all are proud that this organization has reached up to this remarkable level of success. This organization which works uniquely in banking field is a great shelter for people in all levels. The most important achievement of this bank is that it could be a great support & shade to the poor community of society. Considering the local specialities, seasonal plans have been made through which innovative loan plans has been formulated & implemented in agricultural & non-agricultural fields till now.

This organization's operational range is spreaded in New Naduvil, Velladu villages. Apart from the Naduvil main branch it has branches in karuvanchal,Manakadavu, pulikurumba & evening branch in Naduvil, Karuvanchal for the conveniece of people. Aiming to give better service in maximum speed for customers, our bank is implementing modern banking services step by step. The bank has computerized it's Naduvil main branch, Naduvil & Karuvanchal evening branch.

We thankfully remember our predecessors, colleagues, co-operative department officers who lead us from it's start for the bank's omnipresent progress. Let's go forward by reserving energy to grow this organization to more & more heights by following the royal path made by our predecessors. We are presenting this memorial as a gift in front of you with at most happiness & humbleness. Also, we extend our gratitude to all of those who made this memorial more beautiful.