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One more feather to the cap of MCC Bank Mangalore

Mangalore, Nov 18, 2016:The Cooperative Department of the Govt of Karnataka has recognized the endeavors of The Mangalore Catholic Cooperative Bank Ltd Mangalore and declared it to be the ‘Best Performing Bank’ in Dakshina Kannada.

The ‘Best Performing Bank’ award was handed over to Shri Francis Cutinho, Chairman and Shri Sunil Menezes, General Manager by Shri H.S. Mahadeva Prasad, Hon’ble Minister for Co-operatives and Sugar, Govt of Karnataka in a colorful ceremony at Nehru Maidan, Mangalore. Shri B Ramanath Rai, Hon’ble Minister for Forests, Govt of Karnataka and District incharge Minister, Shri U T Khader, Hon’ble Minister for Food and Civil Supplies, Govt of Karnataka, Shri Ivan Dsouza, Govt’s Chief Whip, Karnataka Legislative Council, Dr Rajendra Kumar, Chairman SCDCC Bank Mangalore and other dignitaries including senior officers of the cooperative department were present in the function. The function was held to commemorate the 63rd All India Cooperative Week. M.C.C Banks Vice President Alwyn Patrao, Directors

Marcel D’Souza, Archibald Menezes, Stephen Pinto, Branch Managers and staff were present.

MCC Bank Mangalore was established in the year 1912 by the well meaning leaders of the Mangalore Catholic Community. It is at present led by the Board of Directors under the dynamic leadership of Shri Francis Cutinho. The bank is presently having 16 branches in the undivided district of Dakshina Kannada. It has a deposit corpus of Rs 295.62 crores and has advanced      Rs. 176.59 crores to its members. The total reserves are 28.50 crores. Effective and efficient management as well as the quality of services in the bank has caused profit making since last 7 years continuously and the members are given dividend.

The Bank has moved forward with the modernizing initiatives such as Core Banking Solutions as well as Anywhere Banking, and soon the bank is expected to have its own ATM and intend to provide SMS service to its esteemed customers and to the members.

This award is seen as one more worthy and deserving recognition to the services of this great financial institution of coastal Karnataka. The continuous support of the people will surely see the bank in greater heights.