Recently Federal bank has shifted its one of the branch in Panampilly Nagar to new office near Abraham Master Road in the area. The office is established with the lobby facility. It was inaugurated by the Ernakulam District Collector, M G Rajamanickam.
The branch will offer the entire range of banking facilities. The ATM service was initiated by GM (Finance) of DMRC, Radha Uday. The safe deposit locker facility was inaugurated by Malayalam actress Swetha Menon. Further the bank also introduced a new savings scheme for the minors – Young Champ. The children who opened the Young Champs savings account were offered with the mementoes over there.