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City Union Bank Ltd
City Union Bank Ltd Company History
City Union Bank Savings, Loans, Deposits and Services Instant Support Online & Offline CUB Gold Loans · CUB Corporate Banking. Experience Ease of Business(Source : Company Website)
2002
Introduces various loan schemes like CUB Sulabh CUB Consumer loan, CUB Swayam Griha and CUB Vidhya Vaani.
Opens a branch at Rajahmundry on March 27, at fort-Mumbai and Thrissur (Kerala).
Shri S Rajarathnam and Mr Venktatasubban, co-opted as the Director of the company.
Apoints Mr Jayaraman as the Director on the Board of the company.
2002
2003
Ties-up with National Insurance for bancassurance.
Opens two branches at Kakinada,Bhimavaram and Tenali in AndhraPradesh.
Starts a branch at Kovilpatti, TamilNadu.
Joins hands with LIC for offering Insurance linked banking products which will add value to depositors and borrowers.
Shri P Vaidhyanathan is co-opted as the Director on the Board of the company.
Opens branch at Ashok Nagar, Chennai (Tamilnadu State)
2003
2004
City Union Bank Ltd has opened a Branch at Kozhikode (Kerala State) on May 21, 2004
City Union Bank Ltd has informed that they have opened the Branch at Eluru (Andhra Pradesh) on July 5, 2004
Launches new 'Any Branch Banking' services on 28 october, 2004
2004
2005
City Union Bank opens Branch at Udumalpet(Tamil Nadu) on April 22, 2005
City Union Bank Ltd has tied up with Export Credit & Guarantee Corporation Ltd (ECGC) for marketing export credit insurance products through its branch network
City Union Bank unveils debit cards
2005
2007
City Union Bank has inked an `e-remittance' service agreement with Qatar-headquartered Doha Bank QSC. The agreement envisages electronic remittance of funds by NRI clients of CUB (in West Asian countries) to designated beneficiaries accounts in any of the 165 branches of the bank stating that this is first agreement for CUB with a foreign bank.
City Union Bank Ltd has informed that the Bank has opened the Branch at Nandyal (Andhra Pradesh) on August 03, 2007.
2007
2008
City Union Bank Ltd has appointe Shri. R G Chandramogan as a Director by the Board at its meeting held on July 30, 2008.
City Union Bank has rolled out a 1,000-days deposit scheme called 'CUB 1000'.
The Company has splits its face value from Rs10/- to Rs1/-.
2008
2009
City Union Bank Ltd Issues Rights in the Ratio of 1:4
2009
2010
City Union Bank Ltd has informed that Shri C. R. Muralidharan and Justice. S. R. Singharavelu has been co-opted as directors by the Board at its meeting held on February 25, 2010.
Justice. S. R. Singharavelu is holding 2500 shares as on date.
2010
2011
The Bank has opened the following branches Rohini - (New Delhi), Alandhar - (Punjab), Karim Nagar (Andhra Pradesh), Perundurai (Tamil Nadu), Arani (Tamilnadu), Vellakovil (Tamil Nadu), Chandini Chowk (Delhi), Thilai Nagar (Trichy), Siddiamber Bazaar (Hyderabad).
Dr. N. Kamakodi has assumed his office as Managing Director & Chief Executive Officer of the Bank.
2011
2012
Best Mid-sized Bank on Profitability and Efficiency - Business Today Survey 2012.
Industrial Economist Excellence Award -2012
The Bank has opened the following branches Chitlapakkam- (Chennai), Mudichur-(Chennai), Tindivanam - (Tamil Nadu), Thirunageswaram - (Tamil Nadu), Vriddhachalam - (Tamil Nadu), Nanmangalam- (Chennai), Oddanchatram-(Dindigul), Palani-(Dindigul), Banaswadi-(Bangalore).
City Union Bank Ltd Issues Rights in the Ratio of 1:4
2012
2013
City Union Bank has opened branches in Thirumazhisai and Chennai, Tirupati, Bommasandra, Bangalore, Bhopal, Madhya Pradesh, Peenya, Anakaputhur, Karamadai, Othakadai, Madurai,
Mehdipatnam, Andhra Pradesh, Pali, Rajasthan.
2013
2014
City Union Bank has opened branches in Tiruvalanjuli, Koranattukaruppur, Chinniyampalayam,
Annalagraharam, Patteeswaram, Vadakuthu, Veerapandi Pudur.
2014
2015
City Union Bank said that it has inaugurated three new branches in state of Tamil Nadu
2015
2016
City Union Bank opens new branch at Madanapalle.
City Union Bank inaugurates new branches in Tamil Nadu
2016
2017
City Union Bank opens two new branches
City Union Bank Ltd. has informed regarding Issue of bonus shares in the ratio of 1:10 i.e., one equity share of Re.1/- each for every ten fully paid up equity shares held as on the record date, subject to the approval of the members of the Bank. The proposal for issue of bonus shares was not part of the original agenda for the Board meeting held on May 29, 2017
2017
2019
CUB All in One Mobile Application - Product / Services available with effect from 2nd December 2019 for download from Google Playstore.
2019
2022
City Union Bank has entered into a Bancassurance Agreement with TATA AIA Life Insurance and Shriram General Insurance for distribution of their products through the Branch Network of the Bank.
City Union Bank is Awarded the "Most Trusted Digital Bank of the year" at International Service Pride Award 2022.
City Union Bank has received Banking Finnoviti Awards for'UPI123Pay'.
2022
2023
CUB Launches 4 Products at Global Fintech Fest Sep 2023.
Indian Chamber of Commerce Awards - Jul 2023.
The Economic Times DATA CON Award - Jun 2023.
Digital Banking Innovation of the Year @ India Banking Summit & Awards - May 2023.
Artificial Intelligence @ BFSI Technology Awards - Apr 2023.
Voice Biometric Awards for Mobile Banking - Apr 2023.
CUB rolls out credit card in tie-up with 42 Card Solutions Mar 2023.
CUB Launches Voice Biometric in All in one Mobile App Apr 2023.
City Union Bank introduces new Digital Products Oct 2023.
2023