CIBC in Inuvik celebrates 50 years serving the MacKenzie Delta area
Donating $2,500 to Inuvik's Community Garden Society for food production programs at the 4,000 square-foot Community Greenhouse INUVIK, NT, July 18 /CNW/ - CIBC showed its appreciation to its clients this week with an open house and giveaways throughout the day as part of the 50th anniversary celebrations of the Inuvik branch at 134 Mackenzie Rd. Today, CIBC has the largest branch network in Canada's far north with five locations in the Northwest Territories, two locations in Nunavut, and three in the Yukon. To mark the anniversary, CIBC presented the Community Garden Society of Inuvik with a cheque for $2,500 to support food production programs at the Inuvik Community Greenhouse. In the last 10 years, the Greenhouse has provided the ideal community gardening solution for Inuvik residents and organizations, such as the Inuvik Food Bank, Inuvik Youth Centre, and the Child Development Centre, to grow their own food on a small scale. "We are very fortunate to have CIBC in our community supporting the charitable sector," said Lucy Kuptana of the Inuvik Community Garden Society. "Their financial support to the Society is yet another example of their interest in enhancing lives in our community." "It has been an honour and a privilege to provide financial services to our clients since 1958," said Barb Deslauriers, branch manager of CIBC Inuvik since 2002 and a 25-year veteran of the bank. "CIBC believes in giving back to the communities where we live and work. We are proud of the role played by the bank and our employees in supporting community organizations that serve Inuvik and the whole MacKenzie Delta area. It is our pleasure to make this donation today to the Community Garden Society of Inuvik." "The Youth Centre and the Child Development Centre use the Greenhouse to teach children about growing vegetables, composting, and eating right," added Kuptana. "The children get to take home the vegetables that they grow. The Greenhouse also has a Kids Club every Saturday in which the kids do arts and crafts and learn about gardening and composting, which teaches them the importance of healthy living." CIBC in Inuvik also has been a supporter of other community activities and organizations, including the Northern Arts Festival, the Youth Centre, the Midnight Sun Rec Centre, and Arctic College. It was in 1958 that the Canadian Bank of Commerce opened its doors for business in what was initially known as Aklavik East Three, more than 200 kms north of the Arctic Circle, making it the northern-most bank branch in North America. The community was renamed Inuvik that same year. On June 1, 1961, the branch was re-branded to CIBC when the Canadian Bank of Commerce and the Imperial Bank of Canada merged to form the Canadian Imperial Bank of Commerce. Recognizing the need for greater financial services in Canada's north, CIBC introduced the first Flying Bank in North America in 1970 to serve isolated communities in the Northwest Territories. The DC3 left Yellowknife once a month and covered more than 2,500 kilometers with stops in Lady Franklin Point, Cambridge Bay, Coppermine and Port Radium before returning 12 hours later. A second Flying Bank staffed by the Inuvik branch was added on July 6, 1971. Once a month, Inuvik bank staff flew into Aklavik, Tuktoyaktuk, Sachs Harbour, as well as Fort McPherson. The Flying Bank service was discontinued in 1979. 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.
For further information:
For further information: Jasmine Morgan, CIBC, Community Relations, Tel: (604) 665-1206 or firstname.lastname@example.org