CUB Full Form: Know All About CUB Here!

By Apoorva Gupta|Updated : September 8th, 2021

CUB Full Form: For candidates interested in the banking industry, understanding banking technology and terminologies are important. Aspiring candidates and banking professionals must keep themselves updated with all banking terms.

While studying for banking exams, a great majority of students wonder: what is the full form of CUB? The CUB full form is City Union Bank. Read on to know a brief history and salient features provided by this bank.

Table of Content

City Union Bank (CUB) began as a limited corporation in 1904 under the name "The Kumbakonam Bank Limited", but it quickly expanded. It is based in Kumbakonam, Tamil Nadu.

In September of 1980, the first branch of City Union Bank outside of Tamil Nadu was founded in Sultanpet, Bangalore, Karnataka. In Andhra Pradesh, branches were opened in the twin cities of Hyderabad and Secunderabad. With effect from December 1987, the bank's name was changed to 'City Union Bank Limited' in order to better reflect the bank's national image.

Organizational Structure Of CUB

According to Reserve Bank of India approvals, Dr. N. Kamakodi, who joined the bank as a Deputy General Manager in June 2003 and later rose through the ranks to General Manager in March 2005, Executive Director in October 2006, and Executive President in January 2011, has been named the bank's Managing Director and Chief Executive Officer, effective May 1, 2011.

Name

Position

Shri. R. Mohan

Non-Executive Chairman

Dr. N. Kamakodi

Managing Director and Chief Executive Officer

Smt. Abarna Bhaskar

Director

Shri. M. Narayanan

Director

Shri. Subramaniam Narayanan

Director

Dr. T. S. Sridhar

Director

Shri. V.N. Shiva Shankar

Director

Shri. K. Vaidyanathan

Director

Shri. T.K.Ramkumar

Director

CUB Headquarter

The headquarters of City Union Bank Limited (CUB) is at Kumbakonam, Tamil Nadu. The bank was founded on October 31, 1904, under the name Kumbakonam Bank Limited.

City Union Bank Services

Net banking, mobile banking, self-service kiosks, bulk note acceptors, and point of sale are just a few of the technology services offered by CUB. The bank also offers a diverse range of savings and deposit solutions to meet the needs of consumers from all walks of life. It also offers a variety of loan packages to meet the financial needs of both small and large businesses.

The following is a list of a few of CUB's services:

  • Kiosk for printing passes 
  • Chatbot service 
  • The ASBA facility is available for IPO subscriptions.
  • CUB's QR code facility. 
  • Debit card from CUB 
  • Cheque clearing Kiosk
  • CUB gift certificate
  • CUB's credit card service
  • CUB POS (point-of-sale) machine 
  • Internet and mobile banking, self-service banking, business banking, and the CUB travel card facility. 
  • Virtual Credit card service of CUB

We really hope that the information about the CUB full form provided in this post was beneficial to all students in their exam preparation.

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Comments

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Vijay Alamuri
Nice 👍 information @Apoorva Gupta good morning 🌅

FAQs

  • The full form of CUB is City Union Bank.

  • City Union Bank is one of the leading scheduled commercial banks in the private sector in South India.

  • CIUBIN5M is the SWIFT code for City Union Bank.

  • Dr. N. Kamakodi (May 1, 2011–present) is City Union Bank's Managing Director and Chief Executive Officer. 

  • City Union Bank Ltd was established as a limited business on October 31, 1904, with the name “The Kumbakonam Bank Ltd.” The bank's first branch was established at Mannargudi, Tamil Nadu, on January 30, 1930. Its headquarters are located in Kumbakonam, Tamil Nadu.

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PO, Clerk, SO, Insurance

BankingIBPS POIBPS ClerkSBI POIBPS SOSBI ClerkRBIRRBLICESICNainital BankOtherQuick LinkMock Test
tags :PO, Clerk, SO, InsuranceGeneralUnion Bank SO ExamNRA CET Nainital BankUnion Bank of India SOOdisha State Cooperative Bank

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