The Cheruthazham Service Co-operative Bank, a leading cooperative institution in Kannur district, has been a cornerstone of financial stability and community trust since its establishment on December 9, 1926. What began with just 15 promoters has grown into a significant financial entity with an operational capital of ₹180 crore. Our robust financial structure includes deposits of ₹160 crore and loans disbursed up to ₹118 crore, reflecting our commitment to financial stability and reliability.
Achieved a remarkable non-banking business volume of over ₹10 crore in the year 2012-2013.
Provided substantial discounts amounting to over ₹3 crore in the same year.
Honored with the first award for the best primary cooperative bank by the Kannur District Cooperative Bank in 2004-2005.
Consistently leads among service banks in deposit mobilization programs.