* Latur District was carved out by dividing Osmanabad District on 16.08.1982
* Osmanabad District Bank was bifurcated in Osmanabad & Latur D.C.C. Bank on 21.07.1984
* Latur District Bank came into existence on 15.08.1984
* First Elected Board of Directors came into existence on 29.01.1987
* The Bank was under Rehabilitation since bifurcation.
* In June 1988 L.D.C.C. Bank comes out from Rehabilitation.
First Elected Chairman of the bifurcated Latur D.C.C. Bank
Hon.Shri. Dilipraoji Deshmukh