CIBC'S grand opening of seven-day banking centre in Yaletown
CIBC donates $150,000 to YMCA of Greater Vancouver to mark seven-day, full-service banking - a first for downtown Vancouver VANCOUVER, March 15 /CNW/ - Today, CIBC celebrates the grand opening of its new 3,500 square-foot full-service branch at the northeast corner of Helmcken and Homer Streets in Yaletown. The new Yaletown branch is open seven days a week - a first for downtown Vancouver. "CIBC's newest location in Yaletown offers our downtown clients greater flexibility, access and choice," said Wendy Slavin, Senior Vice-President of Western Canada, CIBC Retail Markets. "The investment CIBC is making in Yaletown demonstrates our commitment to meeting the financial needs of this vibrant and growing community." "The Yaletown branch places CIBC close to where our clients live, work and shop," adds Slavin. It features extended hours and two Automated Banking Machines (ABMs), offering a convenient option for the area's rapidly expanding residential population.The hours of operation are: Monday - Wednesday: 9:30 am - 4:00 pm Thursday - Friday: 9:30 am - 7:00 pm Saturday: 9:30 am - 4:00 pm Sunday: 12:00 pm - 4:00 pmLocated within the historic warehouse district, the Yaletown branch offers the latest of modern conveniences, while preserving the character and historic elements of the restored warehouse, including original exposed brickwork, posts and beams. The branch is part of CIBC's strategic plan to build, relocate and expand over 70 branches over the next five years. CIBC clients also benefit from access to more than 3,800 automated bank machines, 24/7 service over the phone and on Canada's leading online banking site, www.cibc.com. To mark the grand opening, CIBC is donating $150,000 to the YMCA of Greater Vancouver's capital campaign for a new Centre for Reflection in the new YMCA facilities at the corner of Burrard and Barclay. The Centre for Reflection is designed as a quiet space for reflective thinking, private conversation and a physical reminder of the importance of a holistic approach to health. CIBC's roots in Vancouver go back over 120 years to when the Bank of British Columbia opened its first office in the city in September 1886. The Bank of BC was later acquired by The Commerce in 1901. The bank shared office space with the Canadian Pacific Railway, which also opened its offices in 1886. When the railway moved its machinery and employees from Yale in the Fraser River canyon to False Creek's north shore in the 1880s, Yaletown was born. CIBC is a leading North American financial institution with nearly 11 million personal banking and business clients. CIBC offers a full range of products and services through its comprehensive electronic banking network, branches and offices across Canada, in the United States and around the world. You can find other news releases and information about CIBC in our Press Centre on our corporate website at www.cibc.com.