City Union Bank Limited is one of India’s oldest private sector banks with a strong regional presence, particularly in Southern India. Founded on 31st October 1904 as The Kumbakonam Bank Limited by the prominent citizens of Kumbakonam, it started as a regional bank serving the Thanjavur district in Tamil Nadu. The name changed to The Kumbakonam City Union Bank Limited in the year 1965 and finally to City Union Bank Limited in the year 1987.
Over the course of more than 120 years, City Union Bank has grown from a local institution to a scheduled commercial bank. The bank has a strong footprint in Tamil Nadu and nearby states, with expansion across India.
City Union Bank – Quick Overview
| Particular | Details |
| Bank Name | City Union Bank Limited |
| Type | Indian Private Sector Bank |
| Founded | 31 October 1904 (as Kumbakonam Bank Limited) |
| Headquarters | Kumbakonam, Tamil Nadu, India |
| Industry / Sector | Banking & Financial Services |
| Products & Services | Savings & Current Accounts, Deposits (FD/RD), Loans, MSME & Agriculture Lending, Retail & Corporate Banking |
| Total Business (FY 2024-25) | ₹1,16,592 crore (approx.) |
| Total Deposits (Mar 31 2025) | ₹63,526 crore (approx.) |
| Gross Advances (Mar 31 2025) | ₹53,066 crore (approx.) |
| CASA Ratio | ~28.5 % (Mar 31 2025) |
| Branch Network | ~875 branches & 1,736 ATMs (Mar 31 2025) |
| Focus Areas | MSME, Retail, Agriculture Lending |
| Official Website | cityunionbank.bank.in |
Net Worth and Market Cap
Net Worth of City Union Bank Limited is around INR 9926 crore. The current market capitalisation of the bank is INR 20,214.75 crore.
Corporate Leadership
Dr. N. Kamakodi is the Managing Director and CEO of City Union Bank Limited. He is holding both these positions since the year 2011. Executive Directors of the bank are R. Vijay Anandh and V. Ramesh.
Business Segments and Services
City Union Bank Limited operates in four major segments: Retail Banking, Corporate Banking, Treasury and other banking operations. It offers a wide range of products and services, catering to retail customers, corporates, SMEs and NRIs.
The bank offers numerous types of savings and current accounts. These include basic savings account, salary savings account, savings account for children, startup current account, regular current account, staff salary current account, gold current account and platinum current account.
A host of deposit and investment products are offered to the customers. They include fixed deposit, recurring deposit, flexifix deposit, income tax saver deposit and sovereign gold bond investment.
The bank offers multiple types of retail loans, such as government-backed education loan under PM Vidyalakshmi Scheme, housing loan, consumer loan, loan against property and more. Apart from retail loans, the bank also offers MSME/business loans and working capital facilities to small traders and businesses.
Insurance products like health insurance, life insurance and general insurance are offered to the customers in collaboration with reputed insurers like LIC, Star Health, Aditya Birla Health, Royal Sundaram and others.
Distribution Network
City Union Bank Limited is headquartered in Kumbakonam, Tamil Nadu, India. The bank has a network of 875 branches across India, as on 31st March 2025. Majority of its branches are located in Tamil Nadu, with significant presence in Kerala, Karnataka, Andhra Pradesh and Telangana.
City Union Bank is steadily expanding to other regions like Maharashtra, Delhi-NCR, Uttarakhand, Uttar Pradesh, Punjab and more.
