5 % of the Net Profit of the bank is utilized for the assistance of various social welfare activities within the area of operation of the bank.
5 % of the Net Profit of the bank is utilized for providing financial assistance to the members especially for medical treatment.
Bank has an adoption scheme to help poor students in the educational institutions within the area of operation of the bank.
This award is instituted in memory of the former President of the Bank, Sri. Punnakkal Kuttisankaran Nair. The award is given for those students who secured Highest Grades in the Plus Two and SSLC Examinations.
This award is instituted in memory of the former MLA and President of the Bank, Sri. P P Abdullakkutty. The award is given for those Govt. schools which secured 100 % pass in the Plus Two and SSLC Examinations.
This award is instituted in memory of the journalist Sri. K M Basheer. The award is given for outstanding contributions in media.
