The Sitamarhi Central Co-operative Bank was registered under Bihar & Orissa co-operative Societies Act. 1935 bearing registration number 44 M on 30th January 1958.
Bank commenced its banking operation on the same day. License for operation of the bank was granted by Reserve Bank of India vide letter no. RPCD/DCCB/PAT 15/2011-12 on 30th March 2012 under section 22 of the BR Act 1949 (AACS).
The area of operation of bank covered two districts viz Sitamarhi & Sheohar of Bihar State all together 326 PACS (Primary Agriculture Credit Co-operative Societies) are affiliated with the bank out of which 273 from Sitamarhi & 53 from Sheohar district. Apart from PACS there are various other spl. Type Co-operative Societies like fishermen societies and weavers societies are also affiliated with it.