Milestones

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.

Financial Highlights