CIBC announces the locations of 18 new branches
Part of five-year plan to build, relocate and expand over 70 new branches across the country by 2011TORONTO, Sept. 18 /CNW/ - CIBC (CM: TSX;NYSE) is announcing the locations of 18 more full-service branches across Canada as part of a 5-year plan to bring banking closer to their clients' home, work and shopping preferences. This is part of a strategic plan to build, relocate and expand over 70 new branches across the country by 2011. "We are looking forward to participating in the growth of some of Canada's fastest growing communities and offering our clients greater flexibility, access and choice for their banking," said Sonia Baxendale, Senior Executive Vice-President, CIBC Retail Markets. "Our clients have access to one of the largest distribution networks in the country and we continue to invest significantly to ensure they have the convenience to bank where and how they want - whether it's by phone, online, at an ABM or in one of our branches."The 18 new branches announced today are coming to the following locations: British Columbia - Vedder Road and Watson Road in Chilliwack in fall 2009 - Jacklin Road and Kelly Road in Langford in fall 2009 - Denman Street and Robson Street in Vancouver in spring 2009 Alberta - Northmount Drive and 4th Street NW (Thorncliffe) in Calgary in October 2008 - 17th Avenue and 85th Street SW in Calgary in fall 2009 - Sarcee Trail and 112th Avenue NW in Calgary in fall 2009 - Anderson Road and Bonaventure Drive SE (Southcentre) in Calgary in early 2010 - Ellerslie Road and Parsons Road in Edmonton in fall 2009 - Whitemud Drive and 17th Street in Edmonton in fall 2009 Ontario - Yonge Street and Big Bay Point Road in Barrie in spring 2009 - Woodlawn Road East and Woolwich Street in Guelph in early 2010 - Centre Mall, Barton Street East and Kenilworth Avenue North in Hamilton in early 2009 - Rymal Road and Swayze Road in Hamilton in early 2009 - Meadowlilly Road South and Commissioners Road East in London in early 2010 - Major Mackenzie Drive and Weston Road in Vaughan in early 2010 - Ira Needles Boulevard and University Avenue West in Kitchener in early 2010 Quebec - Lebourgneuf Boulevard and Gradins Boulevard in Quebec City in early 2009 - Highways 15 and 30 in Candiac (Montreal) in summer 2009CIBC's current branch network of 1,050 full-service branches, combined with these new locations, ensures a strong presence where our clients live, work and shop. In addition to CIBC's convenient hours, including evening and Saturday banking at many of its branches and Sunday hours in select urban locations, 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. For more information about CIBC visit www.cibc.com.
For further information:
For further information: Doug Maybee, Director, External Communications and Media Relations, CIBC at (416) 980-7458, or firstname.lastname@example.org