As mentioned in the British Encyclopedia, the birth of Co-operative Farming was established way back in 1371 in Ethiopia which gave birth to the revolutionary idea of Cooperative societies. On 8th May 1905, for the first time in India, a Co-Operative Society was established in KANGINAHALA of GADAG district, which created a new era in Indian History. A Similar cooperative society, with the same intention and dedication, was needed in Shikaripura.
On 26 October 1965, under the leadership of Sri S.V.HALAPPA, THE URBAN CO-OPERATIVE BANK LTD., SHIKARIPURA was established.
Sri S.V.HALAPPA was elected as the first president of the bank whereas
Sri H.DANDIYAPPA was the bank's first Honorary Secretary to facilitate common people with benefits of the bank. Common people were included as shareholders with share value of Rs.10/- per share and the capital was raised.
With sheer honesty, extremely hard work, client and member support and cooperation, the bank has received many awards.
To become the most trusted cooperative bank through innovation, financial inclusion and exceptional service.
Deliver safe, affordable and technology-driven banking while maintaining cooperative values and customer trust.