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 2011
    

    TORONTO, 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 2009
    

    CIBC'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 doug.maybee@cibc.com


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