The Akola District Central Co-operative Bank, formerly known as Akola Central Urban Bank Ltd, is the first district co-operative bank not only in Maharashtra State but in India itself. The bank was provided registration certificate on th February 909. The bank was founded by prominent social workers to cater the needs of co-operative societies and offer credit facilities to the members of these societies. Today, the bank operates a network of 07 branches and extension counters, all branches are computerized. The Akola District Central Co-operative Bank offers many banking services such as agriculture loan, development loan scheme, and personal loan; recurring deposit, monthly income deposit scheme, reinvestment deposit scheme; and other banking services such as century bond gold scheme, ATM facility, RTGS / NEFT facility, Rupay KCC debit card, PMCI scheme, and direct subsidy facility (gas holder/ ration card holder).
Agriculture Loan Scheme, Development Loan Scheme, Bigaraseti loan scheme