Mutholy Service Co-Operative Bank Ltd No.1631, one of the leading co-operative bank in Kerala was registered and started functioning as a Co-Operative bank in the year 1957. We have started a fertilizer Depot in 1961 and the same year Savings Bank Account also started. In 1966, our Consumer store was started. The inauguration of our office building was conducted on 16-02-1975. Our banks working area includes Thekkummuri, Puliyannoor, Padinjattinkara, Kaniyakkadu, Neyyoor, Murikkanad kara of Mutholy Panchayath.
On 10-10-1982, our branch at Padinjattinkara was started functioning and on 02-01-1985, Neyyoor branch also put in to service.