Past performance
About City Union Bank Ltd City Union Bank Ltd, a prominent private sector bank in India, primarily operates in South India with a significant presence in Tamil Nadu. The bank serves through four key segments: Treasury, Retail Banking, Corporate Banking, and Other banking operations, offering a wide array of products such as savings and current accounts, fixed deposits, and loans, with a focus on MSMEs, retail/wholesale trade, and the agricultural sector. Established in 1904 as The Kumbakonam Bank Ltd, it was renamed City Union Bank Ltd in 1987 to reflect its national outreach.
As of March 2023, City Union Bank operates 752 branches, with 89% located in southern states, and runs 1,678 ATMs. The bank has consistently expanded its branch and ATM network over the years, adapting to financial trends and introducing new services like foreign exchange, insurance, and mutual fund product distribution. Despite challenges, such as a notable cyber-attack in 2018, City Union Bank has demonstrated resilience, evidenced by its steady growth in deposits and advances, reinforcing its position in the competitive banking landscape.
Performance overview