City Union Bank has inaugurated three new branches in state of Tamil Nadu on March 19, 2014. The bank has opened the first branch at Anju Thalaipu Vaikkal, Mayiladuthurai main road, Thepperumanallur while the second and third branch has been opened at S Pudur in Tiruvidaimarudur Taluka and Gandhi Street, Nazarathpet in state of Tamil Nadu.
City Union Bank has reported 4.53% rise in its net profit at Rs 89.08 crore for third quarter ended December 31, 2013 as compared to Rs 85.22 crore for the same quarter in the previous year. Total income of the bank has increased by 14.39% at Rs 710.90 crore for quarter under review as compared to Rs 621.47 crore for the quarter ended December 31, 2012.