Registration and Transformation In 1974, after several years of operation as a society, The Kasaragod Co-operative Town Bank Limited officially registered as a bank. It was registered under the Registrar of Cooperative Societies, Kerala, with the registration number 970. This registration marked a pivotal moment in the bank's history, allowing it to expand its services and operate with greater flexibility and scope.

Expansion and Growth :
The bank has grown significantly since its inception, both in terms of its physical presence and its financial services. Currently, The Kasaragod Co-operative Town Bank Limited operates ten branches within Kasaragod District. These branches are strategically located to serve a broad customer base across the district, facilitating easy access to banking services for residents.
The bank has also installed three ATMs at key locations: Bank Road, Vidyanagara, and Kanhangad branches. These ATMs enhance the convenience for customers, allowing for quick and easy access to their funds. .

Financial Milestones :
As of the latest records, The Kasaragod Co-operative Town Bank Limited boasts a deposit base of Rs. 180 crore and loans & advances amounting to Rs. 122.5 crore. This financial stability is a testament to the trust and confidence that the local community has in the bank. The bank serves a robust membership base of approximately 18,000 members, reflecting its strong community roots and widespread acceptance. The total share capital of the bank stands at around Rs. 5 crore, underscoring its solid financial foundation.

Current Services and Schemes:
The Kasaragod Co-operative Town Bank Limited offers a variety of financial products tailored to meet the diverse needs of its customers. Some of the latest schemes include:
• Aishwarya Lakshmi and Swarna Lakshmi Gold Loans: These schemes are designed to provide quick and easy loans against gold, catering to those in need of immediate financial assistance.
• Vyapar Dosth Term and Cash Credit Loan for Business: This scheme supports local businesses by providing necessary capital for operations and expansion.
• Sahayaka Mortgage Loan: Aimed at assisting individuals in renovating their existing homes, this loan helps improve living conditions and enhance property value.
• Yuva Home Loan: Targeted at salaried employees and income tax payers, this loan facilitates the purchase of new homes for young professionals.
• Yuva Car Loan: This scheme is designed for the youth, helping them acquire their desired vehicles with ease.
• Merchant Welfare Loan: Tailored for small business owners, this loan supports the growth and sustainability of small enterprises.
• Overdraft Against Deposit: This facility allows customers to avail overdraft services against their deposits, providing flexibility in managing their finances.