Wai is predominately-holy place situated on the bank of river Krishna that originates at Mahabaleshwar, 32 km from Wai. The Wai Urban Co-op. Bank Ltd., Wai, Dist: Satara is amongst one of the most renowned co-operative bank. Presently it is working in six districts of Maharashtra state viz Satara, Pune, Sangli, Kolhapur, Raigad and Thane come under the working domain as an entire State of Maharashtra. The bank functioning with network of 30 branches, of which 13 are in Satara district and 10 in Pune, 3 in Raigad district, 2 in Sangli district & a single branch in Navi Mumbai which is in Thane District and Jaysingpur in Kolhapur District. At present, bank is functional with all its branches fully computerized and connected with global banking network as Core Banking Solution (CBS). 

Wai, being a place surrounded with mountains is blessed with the holy water of river Krishna. In the past few years, it has developed as industrial area with MIDC Zone, with a thought of social welfare, some socialists of Wai came together and on the day of 21st June, 1921 and established an organization named ‘Wai Taluka Credit Society’. This credit society transformed in to a bank by 6 August, 1930.Thus last 102 years, our Bank is serving the financial needs of the people under its area of operation with goodwill of people to take interest in banking with us and to fulfill their financial needs. The Wai Urban co-op. bank Ltd., has dominance in Satara district. Due to this sole motive, bank has always taken care of people, encouraging them to invest and utilizing their money, for the fulfillment of needy people. Financial welfare of the people is the sole motive of the bank.
With a thought to bring Professional and an organized way of working of the bank, the management has implemented many scheduled. The director Board of the bank includes 15 members, which includes two advocates and others working in trade sector. This learned board is responsible for smooth and co-operative working of the bank. The head office of the bank, situated at Wai, and the other branches nearby, are run under the guidance of dedicated staff which creates a feeling of being one family, which is popularly known as “Wai Urban Pariwar.”
The ruling Board of Directors, of the bank is elected every five years. The present Board is a dedicated and studious team of people, In order to boost the work of the bank and to make it more systematic scheduled and organized, bank has developed a formation of committees. These committees of Board include Audit committee, Investment committee, Staff committee, Loan Committee etc. The Bank is a operating profit making bank for last 100 years and declared dividend as per RBI guidline. Welfare of members of the bank has been the most important policy of the bank, as these members are part of the family. As per RBI and co-operative rules and regulations, bank has also been able to provide loan facilities to the people, who and are in need of the same. It works within the framework of RBI regulations and rules of Co-Op department.  
Profit, has never been the sole motive of the bank. Instead, bank has always tried to help people and thought of their welfare, also the bank has never hesitated to help the needy people, especially those affected by unpredictable natural calamities. The best examples of these are, the period of earthquake of Killari and floods /storms in Gujarat, draught affected areas in Maharashtra and also the Tsunami affected people from the Southern zone of India. These were the times when the Wai Urban Bank and its members have come forward to help the people to overcome the calamities. It is a fast developing and technologically progressing Co-Op Bank, with its dedicated Board of Directors and sincere and honest staff with loyalty and intently to the institution the customer services is of high quality in the Bank.

Our bank assures best customer services with variety of products in deposit and loans /advances areas, which attracts people.

Reserve Bank of India License No- U.B.D./M.H./450P, Date –01-03-1986.