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| Company type | Public |
|---|---|
| Industry | Banking,Financial services |
| Founded | 1904 (121 years ago) (1904) |
| Founders |
|
| Headquarters | Kumbakonam,Tamil Nadu, India |
Number of locations | 800 branches (2024)[1] |
Key people | |
| Products | Asset management,Consumer banking,Corporate banking,Finance and Insurance,Forex,Investment banking,Mortgage loans, Payment solutions,Private banking |
| Revenue | |
| Total assets | |
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 sectorbank headquartered inKumbakonam,Tamil Nadu. The bank was initially namedKumbakonam Bank Limited, and was incorporated on 31 October 1904. The bank focused on operating as aregional bank inThanjavur district,Tamil Nadu. InFY2022 the bank had a market capitalization of₹93.62 billion (US$1.1 billion) and operated 774 branches, and 1762 ATMs.[2]
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.[3]
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