Bringing banking closer to where people live, work and shop

    VANCOUVER, April 3 /CNW/ - CIBC today announced it will open three new
full-service branches in the Vancouver Lower Mainland to provide its clients
with greater flexibility, access and choice.
    These new branches are being opened in the rapidly growing communities of
Surrey, Burnaby and North Vancouver. Since October 2007, CIBC has announced
six new branches to open in the area over the next two years. In January, CIBC
opened the first of these; a new seven-day banking centre in Vancouver's
Yaletown.
    "We are making an important investment in our branch network to provide
greater access for our clients in high-growth communities," said Wendy Slavin,
Senior Vice President of Western Canada, CIBC Retail Markets. "These branches
will feature extended hours and CIBC's full range of advice, sales and service
offers to help clients conveniently meet their banking needs."

    The new Vancouver branches will be located at:-   Scott and 88th in Surrey;
    -   Kingsway and Acorn in Burnaby; and
    -   Capilano Square in North Vancouver.As part of its strategic plan, CIBC will build, relocate and expand over
70 new branches across Canada by 2011. CIBC already has one of the largest
branch networks in Canada. Its current network of 1,049 full service branches,
combined with these new locations, ensures a strong presence where clients
live, work and shop.
    Clients benefit from CIBC's convenient hours, including evening and
Saturday banking in many of its branches, as well as Sunday hours in select
urban branches, including Kingsway and McKercher, Brentwood Mall and Yaletown
in Vancouver. CIBC clients also benefit from access to more than 3,700
automated bank machines, and 24/7 service over the phone and on Canada's
leading online banking site, www.cibc.com.

    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.