Varappetty Service Co-operative Society,08/12/1100 of which has been registered and 07/08/1101 of which have started operations in Kothamangalam taluk of Ernakulam district Varappetty village as it’s area of operation.As per provisional balance sheet of Varappetty Service Co- operative Society as on 31/03/2022,it has share capital of Rs.31115941.00 Deposits of Rs1009114783 and loan balance of Rs.88709164.50. As on March 31,2022 the bank has been 9604 members and the Society has been continuously operating in profit for the last 22 years and has been paying up to 25 percent profit share to the members, Apart from investment Loan,MDS activities , many activities have been started like agricultural market, Neethi Store, Neethi super market, Agricultural Equipment Store, Kerala Feeds agency,Neethy Medical lab,Cement Trading,Coconut Nursery with approval from CDB, ATM, Fish stall with permission from Matsyafed Varappetty Coconut Oil,like these many related activities have been started.Apart from the head office,the Society has 3 branches in Myloor,Inchoor and Elangavam.