// Workers AI · dad joke modeWhy City Union Bank go to therapy? It had a lot of withdrawn issues.
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| Type | Public |
|---|---|
| Industry | Banking, Financial services |
| Founded | 1904 |
| Founders |
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| Headquarters | Kumbakonam, Tamil Nadu, India |
Number of locations | 1000 branches (2026) [1] |
| Key people | |
| Products | Asset management, Consumer banking, Corporate banking, Finance and Insurance, Forex, Investment banking, Mortgage loans, Payment solutions, Private banking |
| Revenue |  ₹6,012.22 crore (US$620 million) (2024) [1] |
 ₹1,516.73 crore (US$160 million) (2024) [1] | |
| ₹1,015.73 crore (US$110 million) (2024) [1] | |
| Total assets | ₹70,825.86 crore (US$7.4 billion) (2024) [1] |
Number of employees | 7188 (2024) [1] |
| Capital ratio | 23.7% (2024) [1] |
| Website | https://www.cityunionbank.bank.in |
City Union Bank Limited is an Indian private sector bank headquartered in Kumbakonam, Tamil Nadu. The bank was initially named Kumbakonam Bank Limited, and was incorporated on 31 October 1904. The bank focused on operating as a regional bank in Kumbakonam, Tamil Nadu.[2]
History
[edit]The City Union Bank Limited was originally incorporated under the name Kumbakonam Bank as a limited company on 31 October 1904.[3]
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.[4]
The first branch outside the state of Tamil Nadu was opened at Sultanpet, Bangalore in Karnataka in September,1980.[5]
The Bank started its own Staff Training College on 21st August, 1989 at Kumbakonam.[5]
Operations
[edit]In FY26 the bank had a market capitalization of ₹93.62 billion (US$970 million) and operated 932 branches, and 1762 ATMs.[6]
See also
[edit]
External links
[edit]References
[edit]- 1 2 3 4 5 6 7 8 "Balance Sheet 31.03.2024". cityunionbank.com (28 October 2024).
- ↑ "City Union Bank Ltd". Fortune India. 17 June 2026. Retrieved 24 September 2026.
- ↑ "City Union Bank Ltd". Fortune India. 17 June 2026. Retrieved 24 September 2026.
- ↑ "70 companies with pre-1947 roots: 1904: Kumbakonam Bank Ltd". LiveMint. LiveMint.com. 24 August 2017. Retrieved 18 October 2020.
- 1 2 "History of CUB". www.cityunionbank.bank.in. Retrieved 18 August 2026.
- ↑ https://www.moneycontrol.com/annual-report/cityunionbank/CUB/2017 "Balance Sheet 2017-18
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