• info@wgscsociety.com

About

WGS Co-Operative Society

A Class One
Super Grade Society

We are delivering on our purpose to help make financial lives better through our focus on responsible growth.

Our commitment to responsible growth is resolute, and has four tenets:

  •    Social activities & welfare of our Members
  •    We have to be client focused.
  •    We have to grow within our risk framework.
  •    And, our growth must be sustainable.


By driving responsible growth, we deliver returns to our clients and shareholders and help address society’s biggest challenges.

The oldest parts of our society extend back 96+ years. Since that time, we’ve come together from many sources to become what we are today: A society united in our purpose to help make financial lives better through the power of every connection. Our story is all about the impact clients and communities can have and the progress they can make. And we are here to serve them, and to help them do it.

History

Wadakanchery Govt. Servants'
Co-Op. Society was started in 1925.

The Society that still operates in established building now is heading towards the magical achievement of 100 years.The members of the group are Government employees from various offices in the taluk. The group has more than 4000 government class A members in the taluk. Today the society also has a branch in Chelakkara (Since 2019).

2015 onwards, the team with super class status has now achieved super grade above that..


Highlights

Works as A Class One Super Grade team

Continuous 25% dividend is paid.

The investment is `111 crore

The loan is `79 crore

The share capital is Rs 99 lakh

2500000 / - to the Chief Minister's Disaster Relief Fund during floods.

Employees contributed Rs. 318089 / - to the Disaster Relief Fund.

Food items worth Rs 1 lakh were donated to the relief camp.

An amount of `400000 / - has been provided to the Government Care Home Scheme.

Dividends for the year to the in-home scheme of the Department of Co-operation 2029000 / - was paid.

125000/- to the Chief Minister's Disaster Relief Fund for Covid defense

Employees contributed Rs. 388760 to the Disaster Relief Fund.

20000/- for purchase of oxygen bed for patient care.

Tree saplings were provided every year under the Haritham Sahakaranam Scheme.

Distributed vegetable seeds as part of Subhiksha Kerala project.

And interest free to help members in times of crisis Loans were also given at low interest rates.

Every year as part of the educational promotion, awards are presented and honored to the children of members who have excelled in the SSLC and +2 categories.

Vishu-Easter and Onam bazaars were held to retain the market price

For needy students as part of online education Distributed to study materials.

130 Crores +

Investment

100 Crores +

Loans

4000+

A Class Members

98+ Years

Experience

Management

Our management team leads our society’s work to drive responsible growth and deliver for our clients, communities and shareholders.

Bipin P Joseph

President

Rajesh P

Vice President

Dr. Shahana A K

Director

Narendran C V

Director

Sindhu K V

Director

Beena M S

Director

Sajan K C

Director

Lissi N P

Director

Jayakumar V

Director

Chithra V M

Director

Sushil kumar K S

Secratary in charge