About Us

The Citizens’ Cooperative Bank is the "First Largest  and foremost Urban Cooperative Bank in the State" which was registered with the Registrar Cooperative Societies J&K Jammu on 4th of March 1978 and was issued license by the Reserve Bank of India to commence banking business under section 22 of the Banking Regulation Act 1949 on 4th August 1978. The bank with its registered office and its first branch at Moti Bazar Jammu commenced business on 3.10.1978. At the outset it had only 738 Share holders with total Share capital of Rs.1.96 lacs including Govt. shares of Rs.1.00 lac. The area of the operation at the time of commencement of its business was confined to the Municipal limits of Jammu City which has now been extended to the whole of Jammu Province.

Organizational Structure

The physical organizational structure of the bank  is  as per following:-

1.  Administrative Office

The Bank has its Administrative office situated at 117-A/D Gandhi Nagar Jammu in a building on rent.  Managing Director of the bank operates his office at  Administrative Office.  The office accommodates  its Personnel/Estt section,  Legal section,  Loan section, Membership section  and Office of the Chief Manager Recoveries, Inspection and  Deposits.

2.  Central office

The Bank has its Central office situated opposite of the office of Directorate Statistical  J&K Jammu at Main Road Janipur Jammu. Managing Director of the Bank controls this office through Manager Central Office Jammu.  Head Office Compilation section, Reconciliation section, Cash section are accommodated here in a rental building.  Apart from this, Office of  Nodal Officer Recoveries  (Chief Manager) and Extension Counter of the New Plots branch at Janipur is also situated in the same premises.