The Bank is situated in Sulthan Bathery a small town in Wayanad district of Kerala. Wayanad is famous for its tea and coffee plantations, spices cultivation etc. The Sulthan Bathery Bank was started to boost the agrarian economy of the region. It was first registered as a  multipurpose co-operative society on 20th November 1951. At the time of its inception the bank had just 11 members with Rs. 65/- each as share. The area of operation included Sulthan Bathery, Nenmeni, & Noolpuzha panchayath (Villages: Sulthan bathery, Nenmeni, Noolpuzha, Kidangad, Kuppadi & Cheeral).

The bank was later converted as an  agricultural bank on 5th July 1957, which was again converted as Sulthan Bathery Service Co-operative Bank Ltd., on 7th February 1962.

From a humble beginning, the bank has made very good progress. The head office and 8 of its branches are functioning in its own building. The Bank is now classified as "A" in audit, classified as "Class 1 Special Grade Bank" as per section 80 of KCS Act 1969 and are the award winners for the "Best Service Co-op Bank" in the state. To top the charts the bank has now declared dividend at 25% to its members.

Objectives

• Admitting individuals as members from the area of operation by collecting share capital.
•  Accepting various types of deposits from members, non members and institutions
•  Borrowing funds from dist. Co-operative banks government and other approved financing agencies.

• Secretary(1)
• Asst. Secretary/Chief Acct(2)
• Br. Manager/ Internal Auditor (4)
• Head Clerk(3)
• Sr. Clerk (6)
• jr. Clerk (7)
• Attenders(2)
• Peons (11)
• Masalchi (1)
• Pharmasisit (1)
• Salesman(2)