Guests can enter to win great prizes including a 42" Sharp TV and a Samsung Stereo system with a Blu Ray player, or a $1,000 GIC

OSHAWA, ON, June 3, 2011 /CNW/ - Tomorrow, Saturday, June 4, CIBC (TSX: CM) (NYSE: CM) will celebrate the grand opening of its new six-day CIBC 401 & Stevenson Banking Centre located in the city's south end. The spacious branch of nearly 10,000 square feet replaces CIBC's smaller premises in the Oshawa Shopping Centre, and offers service in English, French and Italian. To mark the opening, CIBC will present a donation to The Oshawa Hospital Foundation.

Guests at the event can enter to win great prizes like a 42" Sharp TV and a Samsung Stereo system that includes a Blu Ray player, or a $1,000 GIC, and enjoy hot dogs and hamburgers, cake, cold and warm drinks. Families can take part in fun activities and entertainment such as midway games, Mini 3 wheel cars, cultural dancing, inflatable hockey and soccer games, as well as face painting, balloon-making, caricaturists and juggling.

"We're thrilled to celebrate CIBC's significant investment in Oshawa with our clients and the community," said Larry Tomei, CIBC's Senior Vice-President of Retail Markets for Central Canada. "We're looking forward to providing our clients with convenient evening and Saturday hours, as well as service and advice in a number of languages in this new spacious, state-of-the-art branch."

The branch hours of operation are:

The new branch is barrier-free with accessibility features such as four Automated Banking Machines (ABMs) installed at wheelchair accessible height with headphone jacks for audio access and grab bars for mobility assistance. The branch also offers a drive-thru ABM for added convenience.

With nearly 1,100 branches, CIBC has one of the largest branch networks in Canada. CIBC clients also benefit from access to close to 4,000 automated bank machines, and 24/7 service over the phone, through mobile banking 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, and has offices 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.