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|Industry||Banking, Financial services|
|Founders||R. Santhanam Iyer, S. Krishna Iyer, V. Krishnaswami Iyengar|
|Headquarters||Kumbakonam, Tamil Nadu, India|
Number of locations
|700 branches (2019-2020)|
|Products||Asset management, Consumer banking, Corporate banking, Finance and Insurance, Forex, Investment banking, Mortgage loans, Payment solutions, Private banking|
|Revenue||₹2,944.21 crore (US$390 million) (2016)|
|₹994 crore (US$130 million) (2016)|
|₹503 crore (US$67 million) (2018)|
|Total assets||₹35,271 crore (US$4.7 billion) (2018)|
|Total equity||₹3,051.99 crore (US$410 million) (2016)|
Number of employees
City Union Bank Limited (CUB) is an Indian bank headquartered in Kumbakonam, Tamil Nadu. The bank was initially named Kumbakonam Bank Limited, and was incorporated on 31 October 1904. The bank preferred the role of a regional bank in the Thanjavur district of Tamil Nadu. CUB provides a gamut of technological services such as net banking, mobile banking, self-service kiosks, bulk note acceptors, and point of sales. To cater to the needs of customers coming from many different walks of life, the bank also has a wide offering of savings and deposit products. It also offers many loan products to service the financial needs of small individual customers as well as large industries. In FY2016 the bank had a market capitalization of ₹12,529.92 crore (US$1.7 billion) and operated 700 branches, and 1762 ATMs.
The City Union Bank Limited was originally incorporated under the name Kumbakonam Bank as a limited company on 31 October 1904. The bank preferred a regional role and adopted an agency model in the initial years. The first branch was opened in 1930. In 1987, the name of the bank was changed to City Union Bank.
Kumbakonam is a city in the Thanjavur district in the Indian state of Tamil Nadu. It is located 40 km (25 mi) from Thanjavur and 273 km (170 mi) from Chennai and is the headquarters of the Kumbakonam taluk of Thanjavur district. The city is bounded by two rivers, the Kaveri River to the north and Arasalar River to the south. Kumbakonam is known as a "Temple City" due to the prevalence of a number of temples here and is noted for its Mahamaham festival, which happens once in 12 years, attracting people from all over the country.
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