• The Bombay Catholic Urban Co-operative Society was registered on the May 8, 1920 with the Registrar of Co-operative Societies.
  • Converted into a Bank by the Registrar of Co-operative Societies vide Order No. BOM/URB/BOMBAY CATHOLIC R-WARD OF 84 dated October 20, 1984 to carry on the business of banking.
  • RBI issued CITIZENCREDIT Co-operative Bank Ltd. a full-fledged banking licence on December 27, 1989 (Lic No. MH1016p).
  • In 1989, RBI authorized CITIZENCREDIT Co-operative Bank Ltd to open and maintain Non-Resident External Rupee accounts.
  • It was the first co-operative bank to commission and conduct fully - computerized banking operations by 1991.
  • CITIZENCREDIT Co-operative Bank Ltd was also the first co-operative bank to be rated by a credit rating agency - CRISIL (Credit Rating Information Services of India Ltd) in January 1995.
  • The Bank crossed Rs. 100 crores in deposits in 1994-95.
  • Achieved Scheduled Bank status in October 1996, in recognition of continued excellence in performance.
  • The Bank was registered under the Multi-State Co-operative Societies Act, by the Central Registrar vide Regn.No.MSCS/CR/75/98 dated January 20,1998.
  • Attained Multi-State Co-operative Bank status in January 1998.
  • Introduced Full-Fledged Money changing operations in February 1999.
  • Commenced the conduct of dematerialisation of shares held in the Bombay Stock Exchange (DeMat), on a fully computerised mode, for customers.

HIGHLIGHTS 2015 - 2016

(Rs.In Crores)
  2015-2016 2014-2015
No. of Branches   42 42
Membership Regular 13655 12969
Paid up Share Capital   15.20 15.09
Total Reserves & Funds   315.86 287.60
Working Capital   3082.15 2743.08
Business Mix   3942.99 3549.10
Gross NPAs   79.92 74.95
Gross NPAs ratio   6.05% 6.20%
Net NPAs   28.22 32.40
Net NPAs ratio   2.22% 2.78%
Provision Coverage Ratio   64.63% 58.72%
Return on Assets   0.69% 0.83%