Sir Ernest Jackson
"The mission of the society is to increase the demand for loans, increasing the flow of deposits and controlling the ratio of working expenses to capital, while continuing to help the member employee in times of sickness, deaths, mishaps, and most importantly keeping the money lenders away from the weaker and uneducated sections of the society".

Extract from his speech in 1922



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To an average Railway-man working in Western Railway, the name Sir Ernest Jackson would evoke a hazy response, but the mention of Jackson Co-operative Bank would bring millions smiles all across. Born in 1876 in Britain. Sir Ernest Jackson set his foot on Indian soil in 1900, immediately after the completion of his Articleship, to join the East Indian Railways as Assitant Auditor. Very soon he got wedded to the Railway's macrocosm, albeit, he had a brief stint with Calcutta Port Trust where he was exposed to the issues of administration while working as Chief Auditor.....

In the days when moneylenders abounded and were probably the only known source available to thousands of ordinary Railway-men they could turn to whenever they needed some additional money, and when the name 'co-operative society' at best was an obscure and fledgling concept, a gentle Englishman Sir Ernest Jackson laid foundation stone for "The Credit Co-operative Society of the BB&CI Railways" in 1912.....

  1. DEPOSIT : Payments (SB/FD/RD/LAKHAPATI) is now available through NEFT/RTGS.
  2. SAVING BANK : Maintain a minimum balance of Rs. 500/- and collect your Saving bank passbook at the earliest.