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AGM NOTICE 2013-2014
Saturday, 02-Aug-2014
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Bank Profile

The bank, 'The Kumbakonam Bank Limited' as it was then called was incorporated as a limited company on 31st October, 1904. The first Memorandum of Association was signed by twenty devoted and prominent citizens of Kumbakonam including Sarvashri R. Santhanam Iyer, S.Krishna Iyer, V.Krishnaswami Iyengar and T.S.Raghavachariar. T.S.Raghavachariar was the First Agent of the Bank.  In 1908, he was succeeded by Shri R. Santhanam Iyer who became the Secretary of the bank under the amended Articles of Association which created the office of a Secretary to be in charge of the Bank's Management in the place of the Agent, which post he held till his death in 1926. He was succeeded by Shri. S. Mahalinga Iyer as Secretary who subsequently became the First full-time Managing Director of the bank in tune with the amendment of Articles in 1929.  He held the position of Secretary from 1926 to 1929 and that of Managing Director from 1929 to 1963.

The bank in the beginning preferred the role of a regional bank and slowly but steadily built for itself a place in the Delta District Thanjavur. The first Branch of the Bank was opened at Mannargudi on 24th January 1930.  Thereafter, branches were opened at Nagapattinam, Sannanallur, Ayyampet, Tirukattupalli, Tiruvarur, Manapparai, Mayuram and Porayar within a span of twenty five years.  The Bank was included in the Second Schedule of Reserve Bank of India Act, 1934, on 22nd March 1945.

The Bank celebrated its Golden Jubilee on 14th November, 1954 at Kumbakonam under the Presidentship of Shri.C.R.Srinivasan, Editor, 'Swadesmitran' & Director, Reserve Bank of India. 

In 1957, the bank took over the assets and liabilities of the Common Wealth Bank Limited and in the process annexed to it the five Branches of Common Wealth Bank Limited at Aduthurai, Kodavasal, Valangaiman, Jayankondacholopuram and Ariyalur.

In 1963,  Shri. R. A.Venkataramani Iyer took charge as the Chairman of the Bank which position he held up to 1969.

 

 
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Latest News
 

1.To book a Railway Ticket in IRCTC site,Choose Credit Card option and select the BANK then type CUB VISA card details to book your tickets.

2.Customers are requested to use their 15 digit account number for NEFT/RTGS/ECS remittance.

3.You can walk into any of our CUB branches and pay Chennai Corporation Property Tax by Cash or Cheque

4.Now you can pay TamilNadu Commercial Tax payment through our Netbanking

5.Customers are requested to update their mobile no., email id etc., with the branches where they are having their accounts to facilitate us to send the maturity intimation of deposits through SMS, Mobile, email from 01.01.2013 as we are going to discontinue the practice of sending the same through post

6.Disabling of Cash Retraction in our ATM’s

7.Now Customers can Pay their Taxes online using CUB NetBanking.To Know More Click here

8.CUB Launches corporate Net Banking with Transactional Facility.......To Know More Click here

9.Customers can View their Form 26-AS for their Registered PAN in OUR net Banking.

10.Open Deposit in two clicks.Customer can open Term Deposit online using their Net Banking .

 
 
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