The history of Ramanattukara Service Co-optative Bank started with the formation of “Aikya Nanaya Sangham”(unlimited) at Kottamangalam in Velipram Sector of Ramanattukara Village in 1962, under the leadership of Sri. Kanarutty Menon.Later on Sri. Velayudhan Nair and Sri. Sri T. P. Kutti Krishnan were the President and Secretary respectively. Afterwards some crisis occurred in the running of “Aikya nanaya Sangham” , it became a limited company and Sri. T.P. Kutti Krishnan took the charge of President, who take the lead to build an Office Building right where the present Head Office of the Ramanattukara Service Co-optative Bank functioning .