Telangana-based Citizen Credit Co-operative Society has achieved a historic milestone by surpassing Rs 5,000 crore in total business, reaching Rs 5,004.21 crore as on February 9, 2026. The total business comprises Rs 2,580.23 crore in deposits and Rs 2,423.98 crore in loans and advances, reflecting the Society’s robust financial growth and operational strength.
Established in 1997 under the Andhra Pradesh Mutually Aided Co-operative Societies Act, 1995, the Society was later converted into a Multi-State Co-operative Society in 2005 under the Multi-State Co-operative Societies Act, 2002. Over the years, it has expanded its footprint across Telangana, Andhra Pradesh, Karnataka, Maharashtra, Delhi, and the Union Territory of Puducherry, operating through a network of 44 branches.
The Society has demonstrated consistent year-on-year growth. Its total business rose from Rs 3,467.87 crore in 2022–23 to Rs 3,992.76 crore in 2023–24, Rs 4,390.21 crore in 2024–25, and further to Rs 5,004.21 crore in 2025–26. The net profit stood at Rs 34.81 crore, underlining sustained financial stability and prudent management.
As on January 31, 2026, the Society’s membership base reached 1,07,430, with a paid-up share capital of Rs 64.02 crore. It has consistently upheld cooperative principles while adopting modern banking practices, including migration to Core Banking Solutions to enable anywhere banking facilities. All its branches are equipped with safe deposit lockers and strong rooms.
Under the professional leadership of Managing Director M. Narender Kumar, a retired Deputy General Manager of Union Bank of India (formerly Andhra Bank), the Society has strengthened its operational efficiency and member services. It offers gold loans, mortgage loans with adequate collateral security, and other tailored credit facilities. The Society has been profitable since inception and has consistently declared dividends for its members.
Governed by an 11-member Board of Directors elected in December 2025 under the amended Multi-State Co-operative Societies Act, the Society emphasizes transparency, strategic planning, and sound policy formulation. It also provides accidental insurance coverage up to Rs 3 lakh, financial assistance to nominees of deceased members, and annual cash awards to meritorious children of members.
Recognized as a “Model Society” by the Government of Andhra Pradesh and a recipient of the Excellence Award from NAFCUB, New Delhi, the Society is ISO 9001:2015 certified by HyM International Certification Pvt. Ltd., London.
With nearly 300 employees and a strong welfare framework, The Citizen Co-operative Society Ltd., Hyderabad continues to set benchmarks in cooperative excellence and financial empowerment across multiple states.
