City Union Bank has inaugurated five new branches. The bank has opened branches at Chitlapakkam and Mudichur in Chennai alongwith Tindivanam, Thirunageswaram and Vriddhachalam in Tamil Nadu on March 26, 2012.
Earlier in February, the bank had inaugurated two new branches at Katpadi and Sathuvachari in Tamil Nadu. The new branches will be operative from March 19, 2012.
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.
