|The Akola Janata Commercial Co-operative Bank Ltd. came into existence in the year 1969 by the then Chief Minister of Maharashtra, late Shri Vasantrao Naik. During set up the bank had a share capital of Rs 1.09 lakhs which currently figures to Rs 2492.56 lakhs.
Currently the employee strength of the bank is 599. The bank mainly operates in Maharashtra and Madhya Pradesh. It has a branch network of 34 along with 4 extension counters.
The bank also plays pivotal role in charitable activities of varied nature.
The bank has 17 branches in Akola and Washim district viz. Akola main branch, Malegaon, risod, Washim, Mangrulpir, Karanja, Telhara, Murtizapur, Akot, Shirpur, Manora, Tapadia nagar, Tajnapeth gorakshan road Akola old city Akola Akot road Akola and Malkapur road Akola. Three branch at amravati paratwada chandur(rly) in amravati district. Two branches at khamgaon and malkapur in buldhana district. Three branches in Yeotmal district at Yeotmmal, Digras and Pusad. One branch at Jalgaon in Jalgaon district and one branch at Nagpur in Nagpur district one branch at Nanded in Nanded district one branch at Parbhani in Parbhani district. Two branches in Kalbadevi and Goregaon in greater Bombay, one branch at Aurangabad in Aurangabad district one branch at Burhanpur in Khandwa district and one branch at indore in indore district in Madya Pradesh.