Unravelling the acronym CUB

The term CUB stands for City Union Bank Limited . This is an Indian banking institution with its main headquarters situated in the historical city of Kumbakonam, Tamil Nadu. Founded on 31st October 1904, it was initially known as Kumbakonam Bank Limited.

The bank started off as a regional entity in the Thanjavur District of Tamil Nadu. It offers a wide array of digital services, which include internet and mobile banking, self-service kiosks, bulk note acceptors, and point of sales services.

Tracing the roots of CUB

• The inception of City Union Bank Limited dates back to 31st October 1904 when it was incorporated as a limited company under the name Kumbakonam Bank.
• In its initial stages, the bank focused on serving the regional market and followed an agency model.
• The first branch of this bank was established in 1930.
• The bank underwent a name change in 1987 and was rechristened as City Union Bank.

A look into the services provided by CUB

Here are some of the services that CUB provides to its customers.

• Kiosk for printing passbook
• Chatbot for customer service
• ASBA service for IPO subscription
• CUB QR for quick transactions
• Debit card services
• Kiosk for cheque clearance
• Special gift card services
• Credit card services
• POS machine services
• Online and mobile banking, self-service banking, and corporate banking services
• Travel card services
• Virtual credit card services, and much more.