Doors now open on Saturdays at 47 additional CIBC locations across Canada

Canadians can bank and get financial advice on Saturdays at nearly 500 locations from coast-to-coast

TORONTO, Feb. 2 /CNW/ - CIBC (CM: TSX; NYSE) - CIBC is expanding full-service Saturday hours to an additional 47 branches across Canada. With the addition of these new Saturday hours locations, CIBC clients can now bank at least six days a week at close to 500 branches, nearly half of CIBC's entire branch network, in some of the busiest neighborhoods across the country.

"Expanding Saturday hours is part of our strategy to offer our clients access and choice in how and when they bank with CIBC -- whether clients choose to bank in our branches, through telephone banking, online or via mobile banking and we are committed to providing our clients with an excellent experience through all of our channels," said Christina Kramer, Executive Vice President of CIBC.

In addition to providing Saturday banking, CIBC also offers the convenience of seven-day banking with 48 CIBC branches open on Sundays.

CIBC continues to invest in its branch network to offer clients greater access and choice, with 35 new or expanded branches opened in 2010. With nearly 1,100 branches, CIBC clients enjoy access to one of Canada's largest branch networks. CIBC clients also benefit from access to almost 4,000 automated bank machines, and 24/7 service by phone, online and through mobile banking.

To find out which CIBC branches offer weekend and evening hours, clients can click on Branch hours & ABMs at 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.

For further information:

Media contact: Kevin Dove, Communications and Public Affairs, CIBC, at 416-980-8835, kevin.dove@cibc.ca.