The beginning & Progress
The Karad Urban Co-op. Bank Ltd., Karad is now a prominent name in Urban Banking Sector. This Bank was established first as a Co-op. Urban Credit Society in the year 1917 and was subsequently converted into a Bank. The promoters of this Bank who were from different walks of life, working in various fields but having future out-look recognizing the need, established this Bank way back, 90 years ago.
The late Dr. D.S.Erram who had vision and who along with dedicated co-operation from Shri. Subhashrao Joshi and other Board Members was able to achieve all round progress..
Till 1993 the Bank had only 8 branches spread over Satara District only. Since then it has expanded it's wings in other prominent Districts of Maharashtra viz. Sangli, Kolhapur, Solapur, Ratnagiri, Pune and Mumbai. The bank has made tremendous progress in all these districts and considering the need and demand has amended its bye-laws to cover other districts of Maharashtra viz. Raigad, Ahamadnagar and also planning to go Multi-State by opening branches in Ahmedabad and Belgaum in Gujarat and Karnataka state respectively.

Scheduled Status
Due to its professional Management dynamic leadership of Late Dr. Erram and Shri Subhashrao Joshi, the Bank made the tremendous progress in last 10 years and during the year 1999-2000 it was conferred with the " Scheduled Status" as mark of its financial health and confidence of the public.

Computerisation
In keeping with the technology developments in banking sector, the bank had computerized all its branches providing quick and delightful service to its valued customers. Presently all its 38 branches and its head office are fully computerized. Most of the Branches are providing extended hours of service to the public, besides Branches in city areas provide Morning- Evening services to its customers.

Agricultural Department
Bank has established a " High Techno Agricultural Department", which provides consultancy services related to Agricultural Sector especially in selection of land, selection of crop, seeds, growth of plants, modern equipment's of cultivation, use of fertilizers and pesticides etc. Besides this, this department helps the farmers for marketing their crop providing information about the market and conducting various seminars, get-together and exhibition in various parts of area covered. Bank has appointed eminent and trained personnel in this Agricultural Department and has made tremendous impact in the adjoining Agricultural Sector providing all the needed help to the farming Sector.

Staff Training and Research Center
Bank has also established its own staff training and research center, which provides training to its staff so as to equip them to take on the challenges of modern banking and provides excellent service to its customers. Since the year 2000-2001, this training center is also providing training facilities to other Urban Co-op. Banks in Satara, Sangli and Kolhapur Districts. Bank also providing Training to co-op. Credit Societies also. The Center is well equipped with residential facilities with all boarding and lodging amenities. Center has got well-equipped lecture hall with all modern teaching aids.

House Magazine
With a view to make known the recent trends in Banking sector and to know the RBI policies and various activities of the Bank to all its staff and members, the bank is publishing its quarterly House-magazine called "Arthsangam"

Social Obligation
Banks besides making all round progress in its activities, it has not forgotten its social obligation. Bank has established a public trust viz. Karad Urban Samajik Kritadnyata Nyas" through this trust, timely financial help is provided to members suffering from Chronic diseases and serious ailments like Heart-attacks, kindly failures, neurological disorders and persons who suffer due to Accidents etc. Members are also given financial aid for their higher studies in Foreign Countries. Members who make major achievement in special fields are also provided financial help needed by them.
The trust has planned to establish a Diagnosis Center in association with other Social Institution and in near future CT Scan, Cardio logical help, Pathology Lab and allied services to the Members at affordable rates.