CIBC announces three new branches in the Vancouver Lower Mainland
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.
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