The National Co-operative Bank Ltd. (National Bank) was incorporated on 21.05.1947 and has completed its 74th year of providing a wide range of Banking & Financial Services including Commercial &Retail Banking and Treasury Operations through its 17 branches and Head Office in Mumbai.
In early 1947, Weaver Community of South Mumbai promoted a credit co-operative society under the name “Bombay Weavers’ Credit Co-Op Society Ltd. In the year 1951, the above name was changed to “The National Co-op. Bank Ltd.”
The present management took reins of the Bank on 3rd January 1989 with two branches, Rs.3 crore in Deposits Rs.2 crore in advances.
Bank has grown to 17 branches with over Rs. 506.22 crores in Deposit and over Rs. 217.04 crores in Advances as of 31/03/2021. The bank is proud of its large & diverse Clientele which has grown by leaps and bounds with it.
Bank has successfully implemented the Core Banking Solution (CBS). This has resulted in extending Value Added Services to its clientele. Bank now offers ATM, Mobile Banking & Internet-enabled services.
Bank has set a Visionary Growth Plan focusing its business strategy on the creation of its Staff, Clients as well as Shareholders’ Value.