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.
The Payyanur Co-operative Bank Ltd. has 14 branches with more than 16000 "A" class members, 110000 "B" class members and 7000 "D" class members., a Neethi Medical Store and an Electrical and plumbing shop.