City Union Bank
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$1.8 billion) and operated 700 branches, and 1762 ATMs. [1][5]
Public | |
Traded as | |
ISIN | INE491A01021 |
Industry | Banking, Financial services |
Founded | 1904 |
Founders | R. Santhanam Iyer, S. Krishna Iyer, V. Krishnaswami Iyengar |
Headquarters | Kumbakonam, Tamil Nadu, India |
Number of locations | 700 branches [1] (2019-2020) |
Key people | |
Products | Asset management, Consumer banking, Corporate banking, Finance and Insurance, Forex, Investment banking, Mortgage loans, Payment solutions, Private banking |
Revenue | |
Total assets | |
Total equity | |
Number of employees | 5478 [1][4] (2019) |
Capital ratio | 12.76% [1][4] |
Website | www |
Digital banking
- Chatbot facility
- Social media Banking transfer funds through Facebook
- Passbook printing kiosk
- Cheque clearing Kiosk
- Internet banking, mobile banking, corporate banking, self-service banking
- ASBA facility for IPO subscription
- CUB debit card (Visa, International)
- CUB credit card facility
- CUB virtual credit card facility
- CUB gift card, CUB wallet
- CUB traveling card facility
- CUB QR facility
- CUB POS machine facility
- Online saving account opening via CUB Easy
- Insurance, FD, RD facility online
- Online collection facility through payment gateway technology
- CUB FastagG facility for hassle-free traveling
Recognition and awards
- Best Mid-sized Bank on Profitability and Efficiency - Business Today Survey November 2011
- City Union Bank Ltd received Industrial Economist Excellence Award – 2012
- Sir Vishvesvaraya Industrial Awards & (TNSB) Innovation Awards
- Best Old Private Sector Bank by Financial Express for the year of 2015-2016
- IDRBT Banking Technology Excellence Awards for the Year 2016-17 Best Bank Award for Cyber Security and Defense among Small Banks
See also
References
- CUB Annual Report 2016-17
- "bod".
- "City Union Bank Q4 results: Reports Rs 95.25 crore loss". The Economic Times. 18 June 2020.
- "Balance Sheet 2017-18"
- "Kyc Service Provider". Wednesday, June 24, 2020