1920 – the Bombay Catholic Urban Co-operative Credit Society was formed with a mission to cater to the community’s financial needs. From 1920 to 1984, the journey was long and arduous. But, the transition to a Bank was a dream come true.
Through this journey of almost a century, the dove has remained an inspiring symbol of the peace and prosperity we have spread. However, it is time to soar high.
The new dove logo has been created from the initials of our bank CCC, which form its wings. It also signifies our focus viz. Capital, Character, Credit. The body of the dove resembles a palm reaching out in service. The colour blue represents the profits that we deliver to our stakeholders. Saffron and green the colours of our national flag, represent vitality and prosperity. The sky is the limit for our new dove in free flight.
Change is the only constant. We have harnessed the latest technologies to upgrade our services. As we surge ahead with our new corporate identity, our commitment to prosperity for all, endures.
Click Here : Citizencredit Co-Operative Bank LTD Career
Date of Registration:
Regn. No 2905 of May 8, 1920 with the Registrar of Co-operative Societies as the erstwhile Bombay Catholic Urban Co-operative Credit Society.
Conversion into Co-operative Bank:
Order No. BOM / URB / BOMBAY CATHOLIC R-WARD OF 84 dated October 20, 1984 by the Registrar of Co-operative Societies.
RBI Banking License:
MH 1016 p dated December 27, 1989.
Scheduled Bank Status:
Multi-State Status Co-Operative:
Regn. No. MSCS/CR/75/98 dated January 20, 1998 by the Central Registrar of Co-operative Societies Act, New Delhi.
- 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.