Media Release
Moodbidri, Nov 13: Marking a significant milestone in its journey of customer service and growth, the Moodbidri Bbranch of MCC Bank, was shifted to its new and modern premises located on the Ground Floor of Patrika Bhavana, Near Inspection Bunglow, Moodbidri-574227, on Tuesday, November 10. The occasion also commemorated the completion of 31 remarkable years of the branch's dedicated service to customers.
The newly relocated branch premises were blessed by Fr Onil D’Souza, vicar forane, Corpus Christi Church, Moodbidri. The safe deposit Locker was inaugurated by Fr Melwyn Noronha, parish priest, Our Lady of Holy Rosary Church, Alangar.
The programme was presided over by Sahakara Ratna Anil Lobo, chairman, MCC Bank. Fr Melwyn Noronha, parish priest, Our Lady of Holy Rosary Church, Alangar, was the chief guest and Fr Vincent D’Souza, parish priest, Holy Spirit Church, Sampige, Abahyachandra Jain, former minister, government of Karnataka, Praveen S Lobo, advocate & notary, Moodbidri, Rohan Rajesh Mendes, Prop: Ashly Hardware & Steels, M Abdul Rahiman, president of Town Jumma Masjid, Moodbidri, Seetharama Acharya, president, Press Club, Moodbidri, were guests of honour.
In his presidential address, chairman Anil Lobo expressed his heartfelt gratitude to the dignitaries, directors, management, staff, customers and well-wishers for their unwavering support and confidence in MCC Bank. Describing MCC Bank as a true ‘Bank of the People’, he said the bank has built a rich legacy of trust and service over the decades. He told that the customers are the brand ambassadors of the bank and called upon the customers to introduce their friends and family members to the bank.
The chairman explained that MCC Bank operates under the dual regulatory framework of the Reserve Bank of India and the government of Karnataka and assured customers that their deposits are protected under the DICGC insurance scheme. Highlighting the importance of leadership, he stated that true leadership is defined by a strong mindset, clear vision and compassionate approach. He affirmed that the commitments made during the 2018 election had been fulfilled and the vision of the bank’s founding leaders had been carried forward over the past eight years.
Highlighting the bank’s remarkable growth, Lobo stated that Moodbidri branch had increased its business turnover from Rs 15 crore to Rs 65 crore, with deposits of Rs 40 crore and advances of Rs 25 crore. He also proudly noted that MCC Bank was the only Urban Co-operative Bank among the 262 UCBs in Karnataka offering specialised NRI banking services. He further highlighted the bank’s strong cybersecurity initiatives and achievements. Announcing the bank’s expansion plans, the chairman informed that the 24th branch at Padil would be inaugurated on January 17, 2027, followed by the 25th branch at Kadri-Mallikatta on March 14, 2027. He assured customers of his continued accessibility and invited their grievances and suggestions to help further improve the bank’s services.
Addressing the gathering, Fr Onil D’Souza congratulated the chairman, board of directors, management, staff and customers on the successful relocation of the branch. He wished the bank continued success and God's abundant blessings in all its future endeavours of the bank.
Chief guest, Fr Melwyn Noronha, congratulated the bank for shifting the Moodbidri branch to a customer friendly location with ample parking and attractive ambience. He said that Anil Lobo has transformed MCC Bank into a customer friendly and service oriented bank. He called upon the customers to have faith and confidence on MCC Bank which will help the bank to grow in a rapid pace. He prayed that the bank would grow across all districts of Karnataka state and reach many milestones in the days to come.
Guest of honour Abhayachandra Jain, congratulated the chairman, management and board of directors for their visionary leadership and outstanding achievements. He applauded the contributions of MCC Bank in maintaining the financial stability in the Moodbidri region. He recalled the contributions of Christian community for the progress and well-being of the region.
Rohan Rajesh Mendes, remarked that the MCC Bank has changed with the emergence of young and dynamic leadership under Anil Lobo. He credited the chairman's determination, discipline and vision, supported by the board of directors, management, staff and loyal customers, for ushering MCC Bank to its new heights. In the era of competition, he further appreciated the tremendous service offered by MCC Bank.
Speaking on the occasion, Praveen Lobo, thanked the management and the chairman for inviting him as a guest of honour. He recalled his cordial relationship with MCC Bank for the last 31 years. Congratulating the chairman, board of directors, management and staff for the shifting the branch to new premises, he termed that shifting of branch from first floor to ground floor itself signifies the progress of the branch. He called upon the customers to have a cordial relationship with the bank as MCC Bank is our bank and all the customers should be proud of its growth.
As part of its social responsibility initiative, the bank presented a cheque of Rs 1,00,000 to the Helpers of Mount Rosary, Alangar. Academic achievers among the children of the branch’s customers who excelled in the SSLC and PUC examinations were also felicitated in recognition of their outstanding academic achievements.
Individuals who excelled in various fields were honoured in recognition of their outstanding achievements and contributions. The awardees included Aslin Marina Rodrigues (Sportsperson), Tarshis D’Silva (Advocate), Peter Felix D’Souza (Philanthropist), Anil Reben Mendonca (Sportsman and Philanthropist) and Joyline Mural Lobo (Sportsperson). The list was read over by Ovin Rebello, branch manager of Brahmavar branch.
The landlord of previous premises and Owner of the new premises were also felicitated. Architect Anil Lobo also felicitated for the plan and supervision of the new branch.
The chairman presented mementoes to the distinguished guests as a token of appreciation.
The programme commenced with a bank anthem, followed by the screening of a documentary showcasing the history, achievements and future vision of MCC Bank.
Vice chairman, Jerald Jude D’Silva, directors David D'Souza, Herold Monteiro, Dr Gerald Pinto, Vincent Lasrado, Roshan D'Souza, Felix D'Cruz, C G Pinto, Irene Rebello, J P Rodrigues, general manager Sunil Menezes, officers and staff of the bank, along with a large number of customers and well-wishers, were present on the occasion.
Andrew D’Souza, branch support director of Moodbidri branch welcomed the gathering. The programme was compered by Jason Pereira, Shirthady.
The gathering appreciated the spacious and modern premises of the relocated branch, which has been designed to provide enhanced comfort, accessibility and efficient banking services. The successful relocation of the Moodbidri branch marks yet another milestone in MCC Bank's continued journey of growth, innovation and customer-focused banking, reaffirming its commitment to serving the community with excellence.