The bank was established in 1995 under the Reg. no.:RES(A)-22/NZ/GOA dated 5/12/1995.
but its actual working was started in 18/1/1996.The bank was first started in omkarsadan ,valpoi,near police station in 1996-1998.Then it Was shifted to unity complex in 1998-2000.Thereafter bank was shifted to Appa commercial & Residential complex, Block no.06,H.O. Valpoi, Sattari- Goa.
The bank have 6 branches all over the Goa. Starting the area of operation of the society was within the sattari taluka but now the area of operation of the society shall be in full Goa.
The founder members of the bank was are as follows:
Name
place
Yeshwant Vithal Gauns
Keri
Augustin Mascorenus
Bhirondem
Ashok J. Parab
Barazan
Vassudev Parab
Pissurlem
Krishna Paryekar
Velguem
Kashinath Mhalshekar
Parye
Farid Khan
Valpoi
Krishna Gawas
Charaunem
Uday Sawant
Kopardem
Vilas Gawas
Mollem