Sree Thyagaraja Co-Op Bank Ltd was established on the basic principle of Co-Operative slogan “One for all – All for one “ in the year 1964 by a few like minded individuals of N R Colony, Thyagaraja Nagar, Bangalore This was also to encourage banking needs of lower and middle class people of savings habit and to create funds for providing financial aid facilities to deserving members and to freed from the clutches of private money lenders thrown open to all communities. The bank began with 309 members, mobilised Share capital of Rs.18450 from them and also mobilized Deposits advances and disbursed dividend. For Golden jubilee deposit 436.99 crores loans 308.09 crores total business 745.08 crores. At present deposit 546.12 crores loans 325.43 crores and total business 871.55 crores it had grown up to more than 27,000 share holders and totally Twelve branches which are mainly located with in Bangalore city out of which for the development of rural peoples opened a branch at Taverekere, Magadi Main Road. It is not an exaggeration to say that wherever the Bank opened its branches, they were instant success.