City Union Bank has inaugurated four new branches on March 28, 2012. The bank has inaugurated one branch at Ayyappanthangal in Chennai while other three branches were inaugurated at Koothanallur, Mettupalayam and Palavathankattalai in Tamil Nadu.
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.