CUB Full Form

What is the full form of CUB?

The City Union Bank Limited is the full name of CUB. The headquarters of the Indian bank CUB are in Kumbakonam, Tamil Nadu. The bank was founded on October 31, 1904, and its first name was Kumbakonam Bank Limited.

The function of a regional bank was preferred by the bank in Tamil Nadu's Thanjavur District. CUB provides various technical services, including sales points, self-service kiosks, bulk note acceptors, and net and mobile banking.

History of CUB

• The City Union Bank Limited was first established as a limited company on October 31, 1904, under the name Kumbakonam Bank.

• The bank preferred a regional role, and in the beginning, it used an agency model.

• The very first branch was formed in 1930.

• In 1987, the bank's name was changed to City Union Bank.

This Story also Contains

1. What is the full form of CUB?
2. History of CUB
3. Services Offered by CUB
4. CUB: Awards and Recognition

Services Offered by CUB

Among the technical services provided by CUB is a point of sale, bulk note acceptors, self-service kiosks, mobile banking, and net banking. The bank also provides a wide selection of deposit and savings options to cater to the demands of customers from all spheres of life. To meet the financial requirements of both small and large firms, it also provides a variety of loan packages.

CUB: Awards and Recognition

CUB has received a variety of honours and accolades. Here are a few examples:

• According to a Business Today study conducted in November 2011, CUB was named the top mid-sized bank in terms of profitability and efficiency, earning it the Industrial Economist Excellence Award - 2012.

• Sir Visvesvaraya Industrial Awards innovation prize.

• CUB was named the 2015–2016 Old Private Sector Bank of the Year by Financial Express (FE).

• At the Institute for Development and Research in Banking Technology (IDRBT) banking technology excellence awards for the 2016–17 year, small banks won the best bank award for cyber security and defence.