Prime is a name of the bank where the bank is ready to serve its banking services to all customers under the slogan of “YOUR BANK FOR YOU” Prime co-operative bank ltd was promoted by an experienced and visionary entrepreneur named Mr. GOKUL BAKSHI, he is the Founder Chairman of the bank and continues to supervise its growth and development.

The Bank started off with exemplary combination of talented Board & potential staff team, stuffed with extreme professionalism and well designed contours of working method. The bank started as a paperless unit employing tele-banking, remote banking, off-time banking, Sunday banking, holiday banking and many more allied methodologies from the very beginning right from the D-day.

Prime Co-operative Bank Ltd. known as a “Fully Equipped High Tech Banking Super Market” in South Gujarat Area. Our slogan is “Your BANK FOR You”. There are so many products & services we have launched first in South Gajarat Area. Therefore, we are trendsetter to others for our unique, extraordinary, high tech, speedy services & products.

Achievements

So far bank has got 61 awards/certificate/appreciation from various organisations. During current year FOUR more awards are added as under – Bank is awarded by Surat District Co-op. Union for the overall performance of the bank among co-operative banks registered in Surat District. And recently Three more awards have been conferred on us by SCOBA. under following category among very large banks located in South Gujarat – (Vapi to Bharuch)

• The Bank Conferred with three awards among large category Co-Operative banks as under by South Gujarat Co-Op. Bank Association.
• Winner for total Business Continuity & Growth.
• Winner for Public Relations & Social Activities.
• Runners up for Profitability.
• The Bank conferred with three national level awards among Medium category co operative banks by Banking Frontier.
• Best Fee based income.
• Best Data Centre Innovation.
• Best IT Head Manager – Shailesh Joshi
• Ranked by Gujarat State Co-Op. Union as First among all Co-Op banks of Surat Dist.
•  Bank conferred with two awards among very large category co-operative banks as under by South Gujarat Co-op. Bank Association.
•  Public Relations & Social Activities (Runners up)
•  Corporate Governance and Modern Banking Technology. (Runners up)
• Best Paperless Banking Initiative
• Best Youth Customer Acquisition
• Best Physical Security Initiative
• The Bank Conferred with three awards among large category Co-Operative banks as under by South Gujarat Co-Op. Bank Association 2014-2015.
• Total Business Continuity & Growth (Runners Up)
• Profitability Management & Corporate Governance (Runners Up)
• Public Relation & Social Activities (Runners Up)
• The Bank Conferred with Two National Laval  awards in Medium category Co-Operative banks by Banking Frontiers.
• Best Chairman In India (2014-2015) Shri Gokul Bakshi
• Best Marketing Initiative (2014-2015).

Bank History

Year	Achievements
1994	Bank was incorporated under the chairmanship of Mr. Gokul Bakshi. Bank commenced business from a rented location. Retail banking was the initial activity of the bank. Focus of strategy was stability, market penetration, resources build up and steady growth.
1995	Product development strategy initiated. Bank started financing small scale industries as recommended by RBI from Goiporia Committee and Narsimha committee
1996	“Customer i’s a king” approach initiated concept of information technology were used like TELE Banking/Remote Banking with the advent of computerized operations. Offtime banking concept were introduced i.e. evening 6:00 p.m. to 8:00 p.m. were provided for bank’s retail customer to reduce their Cash risk and continue as on date.
1997	Branch Expansion Strategy initiated and bank started its first branch Bhulka Bhavan Branch at Adajan in August 1997 with in the very next month i.e. Sept.97 bank had started another Branch at Katargam GIDC.
1998	Branch Expansion had continued during the year and 3rd branch was opened in June 98 at M.G.Road, 4th branch was opened in oct-98 at new sardar market & 5th branch was opened in Dec-98 at bhatar char rasta.
1999	Bank has taken permission from RBI to accept the NRI deposits. Introducing “smart cash” – a smart alternative of cash named as “prime purse”. It is useful at 143 places in the entire Surat area and response encouraging received from valuable class of people of Surat.
2000	Bank started with opening of a new millennium branch at navsari (millennium branch in feb.2000 first bank in south Gujarat to open its out city branch. Bank has opened another outstation branch at Bharuch in sep-2000, starting to open D-MAT a/c in November 2000
2004	Prime Completed its 10th anniversary, and introduced schemes like Prime Sarasvatee, Prime Health Card and Prime Citizen for its valued customers
2005	Prime joined its hands with Worlds Number 5 raked Insurance Provider named AVIVA Insurance, providing Life Insurance and with IFFCO-TOKIO for providing Marine Insurance and General Insurance to its customers.
2006	Introduced Schemes like Loan for Gold in partnership with ICICI Bank. Also opened a Bill Collection Centre at its Bharuch Branch for collecting Gas Bills of Gujarat Gas Co. Ltd. To make payment system qicker RBI has launched RTGS scheme for scheduled bank, Prime has joined hands with Kalupur Commercial Bank to help its customers to have the advantages of RTGS. Prime has done a remarkable job as Baroda District Industrial Co-operative Bank’s merger with Prime Co-operative Bank, placing its management on its 7 branches, which has increased area of its working upto Chotta Udaipur in Gujarat just 72 km away from the MP border. Prime started the process of Franking on 21st Nov. at Surat & Baroda, whire customers can bring in their blank papers and convert them to a stamp paper without paying additional fees.
2007	Prime has done a remarkable job as Adajan Nagrik Co-Op. Bank’s merger with Prime Co-operative Bank, placing its management on it, which has increased area of its working in Surat city. Prime Bank has started business of Mutual Funds on a referral basis. Bank has tied with Principal PNB Mutual Fund, UTI, Benchmark, ICICI Prudential, Reliance, SBI, Lotus, Birla, Kotak, Sundaram ETC.
	Prime Bank has received Category-2 License to carry outForeign Exchange Business Prime Bank had done Hattrick in Merger of week Banks.” In June 2006 Vadodara’s 50 year old bank with its 7 branches, ‘Baroda Industrial Co-Op. Bank.’ In June 2007 Surat’s ‘Adajan Nagrik Co-Op. Bank’ In June 2008 Nadiad’s 38 year old bank with its 3 branches ‘United Mercantile Co-Op. Bank.
2009	Tie-up with Paul Merchants for foreign inward remittance facility through Western Union Money Transfer. Two branches opened on 1-06-2009 – one at Bodeli dist. Bodeli and another one at Vyara Dist. Tapi Fourth merger taken place on 22-09-09. Sanand Urban Co-op. Bank Ltd., Sanand taken into merger.
2010	Implementation of 100% Core Banking Solutions
2011	5th merger – The Mercantile Co-op. Bank Ltd., Godhra merged with the bank with two branches on 9-07-2011.
2012	Implementation of Disaster Recovery Site, Bardoli Branch. Launchig of ATM Card.
2013	Merger of Bayad Nagarik Sahakari Bank Ltd., Bayad Dist. Sabarkantha