Till the beginning of 1990s there was no organisation for retired officers in Corporation Bank. The retired officers were feeling the need for a link which will help them to reach out to their friends and colleagues and also help them in taking up their grievances with the Bank Management. With the introduction of Pension Scheme in the Bank from 1995, the need for an organisation which will voice their concerns and needs become more imminent as the retired officers found it difficult to understand and interpret the provisions of Pension Scheme. Further, in other PSBs, Associations of retired officers and their apex organisations had already come into existence.
In the above background, a few retired colleagues took the initiative to form an organisation which will look after their interests and approached Corporation Bank Officers’ Organisation (CBOO) which provided fullest support and co-operation. A team of activists from CBOO helped in every stage of formation of the Association. A meeting of all retired officers of Corporation Bank was convened on 27th July 1996 at Hotel Srinivas, Mangalore which was presided over by Sri T R Bhat, then President of CBOO. The meeting received overwhelming response from the retired officers and decided to form an Association and a Steering Committee was constituted with Sri K. Achutha Shenoy, retired Chief Manager, who took active interest in bringing together retired colleagues to a common platform as Convenor. The steering Committee was ably assisted by a team of office bearers from CBOO. As the CBOO was actively involved in the formation of the Association, it was decided to be a wing of CBOO. It was decided to name the organisation as “Corporation Bank Retired Officers' Association” (CBROA) and was registered under Karnataka Societies Registration Act 1960 on 18-10-1997 and later under Trade Union Act, 1926 (Regn. No.426/98 dated on 30-11-1998).
The first General Body Meeting was held on 16th February 1997 in which the Bye-laws of the Association was approved and the first Central Committee was formed under the leadership of Sri K Achutha Shenoy as President and Sri A P Kodancha as General Secretary. Since then, CBROA has been functioning democratically by holding General Body meeting every three years and electing its leadership.
Ever since the formation CBROA has been constantly striving to improve the welfare of its members and had introduced several schemes like, CBROA Benevolent Fund, Medical and Social Benefit Scheme (MSB), Family Welfare Scheme etc. For the past two decades, CBROA has been negotiating with the Management and has been successful in persuading the Management in introducing several benefits to retired officers viz. Group Insurance Scheme, Reimbursement of Hospitalisation Expenses, Holiday Home facility for retired officers, loans with concessional interest, Health Check Up facility etc.
Initially the Association was functioning from the office of CBOO and in 2003 it was decided to go for an own premises. A premise with about 370 sft carpet area was identified at Guru Plaza, near KSRTC Bus Stand, Bejai, Mangalore at a cost of Rs.5.31 lakhs which was raised by contributions from majority of its members. The Association moved over to the new premises from 26th January 2004. CBROA is one among few retired officers' Associations which operates from own premises.
CBROA has started discharging its social commitments through Chaitanya Scheme launched in 2012 under which help / assistance is extended to Govt. Schools and also sponsoring events in promotion science, literature, fine arts etc. A corpus of Rs.10 lakhs has been created for this purpose and assistance is provided out of the interest earned on the corpus.
CBROA was INITIALLY affiliated to Retired Bank Officers' National Confederation. Later when All India Bank Pensioners' & Retirees' Confederation (AIBPARC) was formed by All India Bank Officers' Confederation (AIBOC), CBROA decided to change its affiliation to AIBPARC in 2015.
Today CBROA is the largest Association of retired officers in the Bank with 2200 plus members. During the past two decades, CBROA has been able to live upto the expectations of retired officers and continues to remain as a symbol of their hope which is reflected in its logo, ALL FOR ONE … ONE FOR ALL.