The Payyanur Co-operative Rural Bank Ltd. is the leading Co-operative financial institution in Payyanur, the cultural hub of north Kerala. It has played a major role in the social and economic development of Payyanur since 1956. The Bank celebrated its Golden Jubilee in 2008, with a turnover of 200 Crores.
In addition, a Neethi Medical Store has been started under the control of Payyanur Co-operative Bank for providing medicines among the people in the rural area. An Electrical and Plumping shop is also running under the Payyanur Co-operative Bank. In the year 2006-07 a discount of Rs.17.34 and in 2007-08 a discount of Rs.19.22 has been given to the people through our Neethi Medical Store.