Board of Directors

The 16-member board has met 16 times during the reporting year to provide proper direction, timely advice, and implement rules for the institution's growth. The loan sub-committee is taking steps to ensure swift loan disbursement to members with proper guidance. The President, Vice-President, and Directors have been donating their sitting fees to assist with the education of economically backward children.

During the reporting year, 108 staff members, including one special officer, are working, alongside 54 daily deposit collectors. To handle competition in the banking sector and ensure effective administration, we provide annual capacity-building training through expert resource persons.

A well-equipped commercial complex, "Guru Sanidhya," built at a cost of Rs. 5.28 crores, was inaugurated on 13-07-2024 on a Rs. 92 lakh plot purchased near Bharat Petrol Pump, opposite SCDCC Bank in Belthangady. The building features spacious ground-level vehicle parking; the lower ground and first floors are rented out. The head office operates on the second floor, and the third floor houses an auditorium. A 48 kW solar unit has been installed. The Haleyangady, Beluvai, and Kabaka branches were purchased into our own ownership this year. For the reporting year, total fixed assets amount to Rs. 7 crores 71 lakhs. An agreement to purchase the Moodbidri branch is finalized. The society holds furniture worth Rs. 14,625,497 and other assets totaling Rs. 45,706,792.