The Founder Members of the Bank were as follows:

1. Maharaja Bahadur Guru Mahadev Sharan Prasad Shahi (Hathua)
2. Raja Bahadur Kritya Nand Sinha, (Banaili)
3. Rai Bahadur Harihar Prasad Narayan Singh (Dumraon)
4. Raja P.C. Lal (Purnea)

The Bank was established with an initial fund of about three lacs as detailed below:

1. Share Capital 0.53 Lacs
2. Reserves 0.01 Lacs
3. Deposit 2.44 Lacs
4. Working Capital 2.98 Lacs

Business Performance – The Bank is presently doing its business through its 13 branches and 23 DCCBs affiliated with it.

The Bank was earlier doing the lending business under the Agriculture sector only. But after the issuance of guidelines from NABARD regarding non-agriculture finance, the Bank started business under the non-agriculture sector in the year 1990. Thus the Bank is presently doing the lending business in Agriculture as well as the Non-agriculture sector.

Operational Efficiency – Bank has improved its operational efficiency during the last 2-3 years. The employees of the Bank are being sent to BIRD and other training institutions, for imparting training. Some new recruitment on a contractual basis has also been made of the persons having technical qualifications like MBA, MCA, BCA, etc. to improve the operational efficiencies.