Media Release
Mangaluru, Aug 10: MCC Bank Ltd achieved yet another significant milestone with the formal inauguration of its 10th ATM at the Surathkal branch on Sunday, August 10, 2025. The event was marked by a blend of tradition, technology, and community spirit, drawing the presence of prominent dignitaries, religious leaders, bank officials, and well-wishers.
The ATM was officially inaugurated by Mohammed Haneef, pre-owned vehicle sales consultant. The ceremony commenced with a blessing by Fr Austin Peter Peris, parish priest of Sacred Heart Church, Surathkal, who invoked divine guidance on the bank’s continued service to the community. The event also witnessed the presence of chief guest Fr Stany Pinto, parish priest of Holy Spirit Church, Mukka. The first cash withdrawal from the ATM was made by Mebail Sadashiva Shetty, proprietor of Sri Durga Financial Corporation.
The function was presided over by Sahakara Rathna Anil Lobo, chairman of MCC Bank Ltd under whose leadership the bank has experienced consistent growth and modernization. In his presidential address, chairman Anil Lobo reflected on the bank’s impressive journey from a business volume of Rs. 500 crore to Rs. 1,300 crore over the past eight years. He attributed this growth to strong leadership, team commitment, and unwavering customer trust.
He reiterated that MCC Bank is a people’s bank, emphasizing that it does not belong solely to the management or directors, but to the customers and communities it serves. “Our customers are our brand ambassadors,” he said, underscoring the power of word-of-mouth in building the bank’s reputation.
He also shared the bank’s ambitious roadmap, revealing that MCC Bank aims to expand to 25 branches by the end of the current financial year. In addition, he announced the bank’s readiness to embrace newer digital platforms, with plans to introduce UPI (Unified Payments Interface) services in the near future—aligning the bank with emerging fintech trends.
He concluded by expressing his heartfelt thanks to the board of directors, staff, customers, and community members for their continued support. He assured that MCC Bank would remain committed to delivering high-quality services without compromise.
Delivering the first keynote address, Fr Austin Peter Peris lauded MCC Bank for bringing modern banking facilities closer to the people of Surathkal. He metaphorically compared financial accessibility to blood circulation in the human body—vital for its sustenance—stating that similarly, the flow of money is essential for community development. He praised the bank for continuing its expansion even when other institutions were consolidating during the COVID-19 era, highlighting the inauguration of back-to-back ATMs in Belman and Surathkal as a sign of MCC Bank’s dynamic vision. This resilience is a testament to the bank's strong foundation and visionary leadership.
In today’s digital era, where everything is available at fingertips and new technologies emerge each day, MCC Bank has kept pace by adopting the latest advancements. This reflects the bank's forward-thinking mindset and its commitment to embracing modern, "figital" (physical + digital) transformation.
Hale Beru, Hosa Chiguru – with strong roots and fresh growth, MCC Bank continues to flourish, blending tradition with innovation.
Addressing the gathering, Fr Stany Pinto remarked on the increasing need for accessible cash services, especially following recent changes in taxation and monetary policy. He commended MCC Bank for its dedication to service, transparent operations, and customer-centric approach. He further noted that the bank has become a blessing to the local community and extended his prayers for its continued progress.
A heartwarming segment of the program was the felicitation of customers of Surathkal branch, on the occasion of their special birthdays.
Sunil Menezes, general manager of the bank, welcomed the dignitaries and extended floral greetings as a mark of respect and gratitude. A moment of prayer was led by Alwyn Xavier D’Souza, staff member at MCC Bank, setting a solemn and gracious tone for the event.
Senior manager Deril Lasrado compered and rendered the vote of thanks. Branch support director Anil Patrao, directors Herold Monteiro, Irene Rebello, branch manager Sunitha D’Souza, deputy general manager Raj Menezes, branch managers, staff members and customers were present.