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       It was on 31st October, 1904 that the bank, 'The KUMBAKONAM BANK LIMITED.,' as it was then called  was incorporated as a limited company.  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.  The first Articles of Association provided for an Agent to be in charge of the Bank and Shri 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. It was during his regime that the Bank attained the position of one of the important financial institutions in Thanjavur District.  He was elected year after year to the office of the Secretaryship which 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.During his stewardship,the bank made progress and gained popularity.  He held the position of Secretary from 1926 to 1929 and that of Managing Director from 1929-1963.

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

             The Bank celebrated it's 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 Commonwealth Bank Limited and in the process annexed to it the five Branches of Common Wealth Bank Limited at Aduthurai,Kodavasal,Valangaiman,Jayankondacholapuram and Ariyalur.

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

            In April,1965,two other local banks viz.,'The City Forward Bank Limited' and 'The Union Bank Limited' were amalgamated with the Bank under a scheme of amalgamation with the resultant addition of six more branches at Kumbakonam-Town, Nannilam,  Koradacherry,  Tiruvidaimarudur,Tirupanandal and Kuttalam. Consequently, the  Bank's  name  was  changed  to 'The Kumbakonam City Union Bank Limited'.

             In November 1965, it's first branch at Madras was opened at Thiyagaraya Nagar. With the wise counsel and business prudence of the Board of Directors, the bank made gradual progress.

             In May,1969 the Bank secured the services of Shri. O.R.Srinivasan,a former Officer of the Reserve Bank of India to be at the helm of affairs as Chairman and Chief Executive Officer which event proved to be a turning point in the annals of the Bank.Shri.R.Kuppabhattan,a former Senior Officer of the Indian Bank was appointed as Secretary in June,1969, and he too played a major role in streamlining the administration of the Bank.Under the new Management the Branch Expansion got a fresh impetus and branches were opened at Eravancheri,Sembanarkoil,Tiruchirapalli,Madurai,Thanjavur,Dindigul.Keelapalur, Tirumakkottai, Kottur,Tiruvarur Town and Coimbatore during the period from March,1968 to August,1973.

             In April,1974 the bank secured the services of Shri.K.Srinivasan ,another former Senior Officer of Reserve Bank of India as its Secretary.At that time a Young Chartered  Accountant from Thippirajapuram a village near Kumbakonam Shri.V.Narayanan was appointed as Assistant Secretary of the Bank.  During the period ended 31-12-1976 Branches were opened at Periyakulam , Mandaveli [Madras], Pattukkkottai, Triplicane [Madras], Cuddalore,Pudukkottai,Chidambaram andSalem .

             When Shri.O.R.Srinivasan relinquished his office in June,1977, the then Secretary Shri.K.Srinivasan was appointed as Chairman and Chief Executive Officer of the Bank and Shri.V.Narayanan was elevated to the rank of the Secretary.

             From July,1977 to September,1979 the bank has opened ten more branches including those at GeorgeTown [Madras], Mount Road[Madras], Tirunelveli and Karaikudi.

             The Bank celebrated its platinum jubilee on 9th December,1979 at Kumbakonam with Dr.Rajah Sir M.A.Muthiah Chettiar,Shri. G.Rengasamy Moopanar,Shri.Kosi.Mani and Shri. M.V.Arunachalam as Guests of Honour.

             In November,1980, the then Secretary Shri.V.Narayanan, assumed charge as the Chairman and Chief Executive Officer of the Bank    consequent to the completion of the term by Shri.K.Srinivasan.The event opened a glorious chapter in the history of the bank.     

             The first branch outside the state of Tamilnadu was opened at Sultanpet, Bangalore in Karnataka in September,1980. Branches were also opened at the twin cities of Hyderabad and Secunderabad in Andhrapradesh.In tune with the national image attached  to  the  Bank,  the  Bank's  name  was  changed to 'CITY UNION BANK LIMITED ' with effect from December 1987.                      

             The Bank started its own Staff Training College on 21st August, 1989 at Kumbakonam with the avowed objective of imparting need based and result oriented training to its Staff Members irrespective of the cadre.  

             Taking into account the bank's financial strength ,managerial competence and  consistent progress in all spheres of its activities, Reserve Bank of India has granted an Authorised Dealers License to deal in Foreign Exchange business with effect from October,1990.

             In the month of June 1998, the Bank came out with  a public issue for an amount aggregating to Rs.21 crores.  Its present paid-up capital is Rs.24crores.

             The bank has introduced computerisation in the year 1990 and as of now all the Branches have been computerised. The Bank is having Nine on-site ATMs. and proposed to open 50 ATM before March 2006.

             To provide value added services, the Bank has entered into Memoranda of understanding with Life Insurance Corporation of India and National Insurance Company Limited for selling insurance products. The Bank has been accorded license by Insurance Regulatory Authority of India [IRDA] to act as Corporate Agent. 

             The Bank has entered in to an agreement with Tata Consultancy Services Limited for introducing Core Banking Solution.

             The Bank has also entered into a franchise agreement for the Money Transfer Service Scheme of M/S Western Union Financial Services Inc .U.S.A. with their agents in India M/S AFL Pvt. Limited.

             In August 2002, the then General Manager Shri.S.Balasubramanian was elevated to the rank of Executive Director of the Bank. 

            The Bank is having 135 Branches as on 30-11-2004.  The bank has 1421 Staff Members comprising of 26Executives,449 Officers,686 Clerks and 260 Sub-ordinate Staff as on 30-11-2004.

            The Bank's CENTENARY CELEBRATIONS were inaugurated on 27th December,2003 at the Saraswathi  Patasala Girl's Higher Secondary School Grounds, Kumbakonam under the Chairmanship of Shri. V.Narayanan with Shri.R.Venkataraman, Former President of India, Dr.A.R.Lakshmanan, Judge, Supreme Court,New Delhi and Shri. N.Rengachari, Retired Chairman,IRDA & Advisor to the Government of Andhra Pradesh as distinguished Guests.                      

            In the midst of all arrangements for the Valedictory Function of the Bank's Centenary,the  Chairman of the Bank Shri.V.Narayanan met with an unexpected accident near chennai on 5th November,2004.  

             In the glorious history of CITY UNION BANK LIMITED, nearly one third of the period of it's existence and progress centered around a key person, namely , Shri.V.Narayanan       The enviable leadership style of Shri.V.Narayanan and his vision for the consistent growth of the bank in all spheres, his tireless efforts in augmenting the Bank's Business, widening the branchnetwork, maintaining  harmonious industrial  relations ,ensuring the unique achievement of not loosing not even a single man day by way of Labour unrest-a record of sort in the country has earned name and fame not only for himself but to the bank in the entire Banking Industry in India.

     His famous words of 'TAKE CARE OF THE BANK; I WILL TAKE CARE OF YOU' have made wonders enhancing the morale and improving the productivity of the workforce, the facts of which can be vouchsafed by the financial results of the bank during his tenure as Chairman. But the Man who is known for his simplicity and honesty,  the man who toiled and moiled in this soil for the growth of the bank ,the man who showered Mother's care on the official as well as the personal welfare of its work force, the man who was not only the First person to assume charge as the Chairman of a Scheduled Bank at the youngest age in India but also the FIRST to care for the needy people in times of distress, the man who rendered a helping hand at the time of a cruel tragedy at a school at Kumbakonam on 16th July, 2004, the man who was instrumental in beautifying and maintaining   the monuments of Kumbakonam like renovation of Gandhi Park and the Clock Tower, the man who silently strived hard for the peaceful conduct of MAHAMAHAM-2004 and the man who not only preached but also practiced the noble virtues of impeccable integrity and sterling character is no more.

             With the irreparable loss of Shri.V.Narayanan  the Bank has lost its illustrious Chairman. But his vision to take the bank to greater heights persists.      

             The mantle of leading the bank to make his dreams a reality  has fallen on  Shri.S. Balasubramanian , the Executive Director, the next in command in the hierarchy, who has since been appointed as the Chairman & Chief Executive Officer of the Bank by the Board of Directors.        

  The bank is poised for further growth in all spheres with its dedicated and committed workforce.                                              

 Chairman Shri S.Balasubramanian