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CIBC opens new Milton branch

    Seven-day, full-service banking arrives in Milton

    MILTON, ON, June 23 /CNW/ - Today, CIBC (CM: TSX;NYSE) opens the doors to
a new 8,400 square-foot full-service branch in Milton at the corner of Steeles
and Thompson Roads. The new branch is open seven days a week - a first for
    "We are very excited to be part of the growth of the Milton community.
Our new branch offers CIBC clients in Milton access to our full range of
banking services and advisory solutions in a large modern facility," said
Larry Tomei, Senior Vice-President, CIBC Retail Markets, Central Ontario.
"Offering seven day a week banking is one more way we are investing in
providing greater access, flexibility and choice for our clients."
    The Milton branch offers clients extended operating hours, as well as
service in English, French, Arabic, Hindi, Portuguese, Mandarin, Cantonese,
Polish and Russian.The hours of operation are:

    Monday - Wednesday:   9:30 a.m. - 4 p.m.
    Thursday - Friday:    9:30 a.m. - 7 p.m.
    Saturday:             9:30 a.m. - 4 p.m.
    Sunday:               noon - 4 p.m.The branch is fully accessible and features three Automated Banking
Machines (ABMs), as well as a drive-thru ABM. One of these ABMs meets
access-for-all requirements with headphone jacks for audio access, grab bars
for persons with mobility impairments and improved lighting to assist seniors
and partially-sighted clients.
    This is CIBC's second location to open in Milton. CIBC currently has a
branch at 147 Main Street East. A third branch is scheduled to open in Milton
in the spring of 2009. These new branch openings represent a major investment
in the city and are part of CIBC's strategic plan to build, relocate and
expand over 70 branches across Canada by 2011.
    CIBC clients have access to one of the largest physical distribution
networks of branches and ABMs in Canada. Its branch network of 1,049 full
service branches, ensures a strong presence where clients live, work and shop.
    CIBC clients also benefit from access to more than 3,700 automated bank
machines, as well as 24/7 service over the phone and on Canada's leading
online banking site,

    CIBC is a leading North American financial institution with nearly 11
million personal 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. For more
information about CIBC visit

For further information:
For further information: Media contact: Doug Maybee, Director, External
Communications and Media Relations, (416) 980-7458 or