Expanded branch brings together private wealth management services at
CIBC Bankers Hall, reflecting wealth creation in Alberta, Canada's
CALGARY, March 18, 2014 /CNW/ - CIBC (CM: TSX) (CM: NYSE) is pleased to announce a $300,000 donation to The
Calgary John Howard Society to mark the grand opening of its recently
expanded Private Wealth Management branch.
The donation will support the construction of the Calgary John Howard
Society's Bedford House, a residence for individuals, including young
people returning to the community from correctional facilities.
"We hope to make a difference with this donation by helping individuals,
especially young Canadians, who are at a significant turning point in
their lives," says The Honorable Jim Prentice, P.C., Q.C., Senior
Executive Vice-President and Vice Chairman, CIBC. "CIBC recognizes the
importance of giving back to our communities in ways that matter, and
in particular, in ways that support Canada's youth to ensure they
receive the help and resources they need to succeed in life."
Bedford House is part of the RESOLVE Campaign to provide affordable
housing in Calgary, a first-in-Canada collaboration of nine
"CIBC's generous donation brings us closer to breaking ground on Bedford
House, a place where residents will be supported and encouraged to move
forward," says Gord Sand, Executive Director of The Calgary John Howard
Society. "We approach community safety by housing youth and adults at
risk of cycling between crime and homelessness. We feel privileged to
be a partner in the RESOLVE Campaign."
The donation will be unveiled today at an event showcasing the CIBC
Private Wealth Management branch in Calgary.
The branch, located at CIBC Bankers Hall at 855, 2nd Street SW, brings together in one central location the full suite of
CIBC services, including private banking and credit management,
investment counseling, financial planning, and executor and trustee
In 2013, CIBC contributed more than $41 million nationally to over 1,870
organizations in 430 communities, with 170 of these organizations based
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 Media Centre on our corporate website
SOURCE: Canadian Imperial Bank of Commerce
For further information:
Media contact: Caroline Van Hasselt, Director, External Communications and Media Relations, at 416-784-6699 or e-mail:firstname.lastname@example.org.