The Aircraft Employees Credit Cooperative Society (AECCS) has a rich history, dating back to its establishment and registration in the year 1954. The society operates under the jurisdiction of the Karnataka State Co-operative Societies Act of 1959. A significant milestone in its journey occurred in 2015 when it underwent bifurcation, resulting in the creation of two distinct societies: The Aircraft Employees Credit Co-operative Society Limited and The Aircraft Employees House Building Cooperative Society Limited.
The Aircraft Employees Credit Co-operative Society was conceived with a specific purpose—to cater exclusively to the financial requirements of its members. Over the years, AECCS has excelled in this mission and was duly recognized for its exceptional performance in the year 2017 when it was declared one of the best industrial societies in the state. At present, AECCS proudly boasts a membership of nearly 9500 individuals.
AECCS stands today as a professionally managed organization. It is fortified by a dedicated task force that works tirelessly to ensure that its services are not only strategically located but also economically advantageous to all its members.
A testament to AECCS's financial strength and credibility is the top rating it has acquired in a CRISIL assessment, conducted on behalf of the Bank of Baroda. This achievement underscores the society's solid financial stability and enhances its standing within the financial sector.
The Aircraft Employees Credit Co-Operative Society is conveniently situated in the Old SBI Building, Suranjandas Road, Vimanapura, HAL, Bangalore - 560017.
AECCS continues to evolve, adapt, and thrive, ensuring that it remains a reliable and valuable partner to its members in their financial journey.