The Kuttiyeri Service Co-operative Bank, initially registered as a multipurpose co-operative society on March 13, 1914, underwent a transformation into a cooperative society on November 5, 1961. Since March 7, 1980, it has been functioning as a cooperative bank. The Kanhirangad branch commenced its operations on February 25, 1990, followed by the Talor Pushpagiri branch on January 1, 1999, and the Karkk branch on December 6, 2004. Additionally, the main branch at Vellavu has been operational since May 1, 1997.
Any person or persons and associations of individuals like Co-op. Societies, Institutions and Associations approved by the bank. Account may be opened individually by one person or by two or more persons in their joint names. Natural guardian i.e. father or mother can open account on behalf of a minor child/ward. Initial Deposit for opening SB A/C with cheque book – Rs.500/- without cheque book – Rs.100/- . This is also the minimum balance requirement for respective accounts.