Private sector lender - City Union Bank - has inaugurated new branch at Sakkottai in Kumbakonam on February 3, 2012.
Earlier, in January 2012, the bank had inaugurated new branch at Sulur in Coimbatore on January 12, 2012. By end-March 2012, the bank will have a total network of 325 branches, 650 ATMs and 1,000 POS terminals.
City Union Bank is an old private sector bank, with operations mostly concentrated in Southern India. Almost 73% of its total business comes from Tamil Nadu. The bank has a branch network of more than 200 branches spread across the country. Its product range comprises of savings account, current account, fixed deposit, cash certificate, VIP deposit, Flexi fix deposit, CUB Smart deposit and tax saver gold deposit account.
