CIBC to celebrate grand opening of second new branch in London with a $10,000 donation to Glen Cairn Community Resource Centre

LONDON, ON, June 24, 2011 /CNW/ - CIBC (TSX: CM) (NYSE: CM) Tomorrow, on Saturday, June 25th, CIBC will celebrate the grand opening of the new 6,100 square foot CIBC Hyde Park & Fanshawe Banking Centre, the second new CIBC branch to open in London. Open six days a week, the new branch at the intersection of Hyde Park Road and Seagull Road offers extended hours as well as service in English, Arabic, Hindi, Urdu, French and Spanish. To mark the opening, CIBC will present a $10,000 donation to the Glen Cairn Community Resource Centre.

"We're thrilled to be celebrating CIBC's investment in London with our clients and the community," said Larry Tomei, CIBC's Senior Vice-President of Retail Markets for Central Canada. "Our new, spacious London branch is fully accessible and open Saturdays and evenings, giving our clients flexibility in when they bank and greater access to a full range of financial solutions and professional advice in multiple languages."

    <<
    The branch hours of operation are:

      Monday - Wednesday:   9:30 a.m. - 5:00 p.m.
      Thursday - Friday:    9:30 a.m. - 7:00 p.m.
      Saturday:             9:30 a.m. - 4:00 p.m.
    >>

CIBC's $10,000 donation to Glen Cairn Community Resource Centre will support a youth program that provides activities and resources to enhance employment, self-esteem, community involvement, leadership skills and a healthy lifestyle. Glen Cairn Community Resource Centre is a neighborhood-based organization that works with families and service partners in the Glen Cairn/Pond Mills community of South East London to help address issues such as poverty, hunger, unemployment, family crisis and isolation.

"To be successful, youth need support from adults who value their imagination and initiative, so that they can define their passion and realize their goals," said Barbara Schust-Lawrence, Executive Director of Glen Cairn Community Resource Centre. "We would like to thank CIBC for believing in our youth in the neighbourhoods of Glen Cairn and Pond Mills in South East London. With CIBC's generous donation, we can together ensure that our youth continue to realize their potential."

Nickelodeon's Dora(TM) & Diego(TM) will be on-site at the grand opening event to Meet & Greet children from 11:00 a.m. to 2:00 p.m. Guests can enjoy a BBQ and enter to win a BBQ Prize Pack worth over $1,000 including a Weber Genesis EP-310 Gas Grill, a Weber Premium cover and BBQ utensils. There will also be an ice cream truck and family activities including a race car game.

The new full-service branch is barrier free with features such as a sit down teller station and two 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.

CIBC clients already enjoy access to one of the largest branch networks in Canada in addition to convenient branch hours, including evenings, Saturday and Sunday hours at select locations. CIBC also offers clients choice in their banking, with more than 3,800 ABMs and 24-hour access by phone, online and through mobile banking.

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.

SOURCE CIBC

For further information: Media contact: Rod Cumming, Communications and Public Affairs, CIBC, at 416-304-5567, roderick.cumming@cibc.com


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