Shri. D. T. Patil Co-operative Bank has continued to register a steady growth in business and earnings, the then management of the bank realized the vital need of the Bank to extend its area of operation so as to carry Banking business in whole district. Speaking to the need of issue in its own style with deep faith, vision, optimism & entrepreneurial skill is the key of Board of management. Further the continuous effort of honorable President Shri. D. T. Patil and Vice President Shri. M. S. Kaladagimath has enabled Bank to introduce a specifically designed more meaningful a short cut familiar identical name as “DTPatilBank”.

Our Bank vision is to help customers achieve economic success and financial security thereby building vibrant and prosperous communities, sustained by values of integrity and good governance.

While registering growth in year 1980-81, a renowned personality in administration and planning the our President Shri. D. T. Patil with team of Board of Directors’ achieved a milestone in the history of the bank by purchasing 2,100 sq ft of land for bank’s premises in the heart of the city in the year 1981 and the Bank switched its business operation from “Hampannavar building” in 1986, to its own office premises at #943, Guruwar Peth, Chikodi - 591201.

Thereafter, realizing the need of Banking Service to the members of remote area of Bank’s jurisdiction, the Board of Directors under the chairmanship of Shri. D. T. Patil, vice president M. S. Kaladagimath achieved the goal by opening of its 1st Branch on 23-08-2010, at Basav Circle, Yadagud. The Bank is very much grateful to the Management of Gram Panchayat for provisioning of office accommodation. The remarkable co-operation extended by the Customers of Yadagud has inspired the Branch Control Committee members to dedicate themselves in the overall growth performance of the Bank to a new height for which we are very grateful.

Later, a bold step is taken by our beloved President Shri. D. T. Patil to extend our banking business to Belagavi and Nippani. These new branches are opened in 2014 and 2015 respectively. Both the branches are situated in heart of the cities at Gandhi Bhavan, College Road, Belagavi and Rani Chennamma circle, Nippani respectively.

Over the years, the Bank has done well not only by its timely aid to many members but also by inculcating in many of the members fraternity in business building habit and saving habit which is so vital for the growth of the individual as well as in Nation. It was set up with the primary objective, to encourage savings and to create funds for providing financial aid to deserving members. By its comparatively attractive rates of interest on deposits, deposits from many persons outside the work area. The Bank has lent the money to those of the profession who need it; and it has collected on these advances to the fraternity interest at comparatively lower rates than those charged by the commercial banks.

Bank has nurtured its traditional values in business practices and in serving the small customers. At the same time it has adopted new technologies and advanced banking tools to add value to its services.

Our bank celebrated its Silver Jubilee in year 2005. The engine of our success depends on prosperity of our customers and customers find us as a fast, timely, flexible, co-operative and competitive partner in their progress. We reach out to our customers anywhere and at any time to make their dealings with us a pleasure. We shall warmly welcome them into our aesthetic surroundings or take our services to their doorsteps. We are committed to approachability, simplicity and transparency in our dealings with all our stake holders and shall be a temple of their trust.

We shall use our employee involvement and sense of togetherness to generate high levels of teamwork, efficiency, excellence and profits. We shall mobilize aggressively, invest wisely, disburse prudently, recover assiduously, reduce costs and create a learning organization that offers products and services in tune with and ahead of the times.

GROWTH & STRENGTH

As on 31st March 2020, the bank has more than 7,700 members with Share capital of Rs.139.53Lakhs and more than 13,800 Depositors. Total business mix of the bank has reached over Rs. 6207.95 lakhs. As on 31st March 2020, Bank’s Deposits have reached to Rs.4847.74Lakhs while advances have reached to Rs.3306.93 Lakhs. The Bank has maintained a ratio of CASA Deposits to Total Deposits as high as Rs.1019.16Lakhs. The strength of the Bank is reflected in the fact that it’s Paid up Capital and Reserves & provisions have amounted to Rs.1228.38Lakhs and Investments are to the tune of Rs.1474.86Lakhs. The Capital Adequacy Ratio maintained by our bank is as high as 14.63%.

Bank has successfully implemented Core Banking Solution (CBS) technology; through this technology the bank is offering Any Branch Banking Service to the customers. Bank is also offering SMS alerts to its customers.

Bank offered the latest services like RTGS / NEFT, CTS, DBT and other NACH services to their customers. Bank is also maintaining C-SGL A/c with SBIDFHI and also participate in the non-competitive bids of RBI for the purchased of Govt. Securities.

The bank is continuously making profit since from the date of its inception and disbursing dividend to its members and 'A' Grade Audit classification. Visionary and transparent directors on the board and dedicated professional staffs are responsible for this achievement.

Bank is providing training to the staff at its administrative office premises whereby the talent of the staff and officials are amplified to make them competitive to face the challenges in the Banking Sector.

Behind the successful growth story of the bank, the un-paralled, dedicated service, honest and selfless efforts put in by our President, Vice-Presidents , Board of Directors, Secretaries and as well as Employees & Ex-employees of the bank are always rememberable.

Lastly, the management place on record the overwhelming support extended by our Directors and members of our Bank and vast clientele of bank to achieve overall success and thereby enable the bank to sustain “A” grade audit classification since inception.