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Founded in 1906, this unique financial institution rests on the pillars of thrift, fellowship, character, accommodation and the selfless service of all individuals and organisations who wish to help themselves progress. We see ourselves as a family of honest, loyal and committed professionals, harmoniously employing technology, innovation and the human touch to achieve customer satisfaction and goodwill-the corner- stones of our success and the focus of all our efforts.
The prosperity of our customers is the engine of our success and they will find in us a fast, timely, flexible, co-operative and competitive partner in their progress. We shall reach out to our customers anywhere and at any time to make their dealings with us a pleasure. We shall warmly welcome them into our aesthetic surroundings or take our services to their doorsteps. We are committed to approachability, simplicity and transparency in our dealings with all our stake holders and shall be a temple of their trust.
We shall use our employee involvement and sense of togetherness to generate high levels of teamwork, efficiency, excellence and profits. We shall mobilize aggressively, invest wisely, disburse prudently, recover assiduously, reduce costs and create a learning organisation that offers products and services in tune with and ahead of the times.
History Of Shamrao Vithal Co-operative Bank
The Shamrao Vithal Co-operative Bank Limited was founded when co-operation was just beginning to gain ground in the country. It was set up with the primary objective of assisting the less fortunate members of the community in its economic enterprises, to encourage savings and to create funds for providing financial aid to deserving members.
Rao Bahadur Shripad Subbarao Talmaki, the Maharshi of Co-operation, was the main architect of the Bank. The Bank was originally registered as a Co-operative Credit Society on 27th December 1906.
Thus inspired by lofty ideals for the betterment of the economic, moral and material well-being of the Community, the Bank was brought into existence with modest beginnings.