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CIBC opens temporary Banking Centre in Grand Forks

VANCOUVER, May 28, 2018 /CNW/ - CIBC (TSX: CM) (NYSE: CM) announced today it's opening a Mobile Banking Centre in Grand Forks, BC to allow clients access to basic banking services while the community recovers from historic flooding.

The Mobile Banking Centre located at 4th Street and 72nd Avenue will be open Monday to Friday from 9:30am5:00pm. An on-site CIBC ATM cash dispenser will also be available 24/7.

"It's going to be a long recovery for many residents and business owners in the weeks ahead and we want to do all we can to make sure our neighbours in Grand Forks have access to core banking services as they begin the cleanup process." said Mike Stevenson, Senior Vice-President and Region Head, British Columbia and Northern Territories, CIBC.

CIBC has a number of flexible options in place for clients experiencing financial impact from the flooding. Clients are encouraged to call CIBC toll free at 1-877-454-9030 or visit any CIBC Banking Centre, including the temporary facility in Grand Forks for more information.

The CIBC Grand Forks Banking Centre is one of many local businesses in the downtown area that received damage as a result of the record flooding. It has remained closed since May 10, 2018.

About CIBC

CIBC is a leading Canadian-based global financial institution with 11 million personal banking, business, public sector and institutional clients. Across Personal and Small Business Banking, Commercial Banking and Wealth Management, and Capital Markets businesses, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations across Canada,  in the United States and around the world. CIBC Capital Markets provides integrated global markets products and services, investment banking advisory and execution, corporate banking and top-ranked research to corporate, government and institutional clients around the world. Visit www.cibccm.com for more information on CIBC and CIBC Capital Markets. Ongoing news releases and more information about CIBC can be found at www.cibc.com/en/about-cibc/media-centre.html.

SOURCE CIBC

For further information: Jon Kastikainen, Communications & Public Affairs at 416-351-4272 or jon.kastikainen@cibc.com
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