CIBC continues investment in the GTA with 10 new or expanded branches

    Increased access to full-service banking and trusted advice for GTA

    TORONTO, May 13 /CNW/ - Today CIBC announces the locations of 10 new or
expanded full-service banking centres set to open across the GTA by early
2010. These new locations are part of CIBC's five-year strategic plan to
build, relocate and expand over 70 new branches to enhance the service
experience for busy GTA clients.
    "CIBC is committed to investing in the long-term growth of the GTA and
giving our clients more banking options," said Larry Tomei, Senior
Vice-President of CIBC Retail Markets for Central Ontario. "Now, more than
ever, our clients want professional financial advice and these 10 GTA
locations will provide more opportunities for those discussions to take
    The 10 new or expanded branches announced today are opening in the
following locations:

    -   Kingston Road East and Salem Road in Ajax in fall 2009
    -   Mississauga Road and Williams Parkway in Brampton in early 2010
    -   Dixie Road and Peter Robertson Boulevard in Brampton in spring 2009
    -   Major Mackenzie Drive and Highway 404 in Markham in early 2010
    -   Derry Road West and Bronte Road in Milton in early 2010
    -   Leslie Street and Elgin Mills Road in Richmond Hill in spring 2010
    -   Avenue Road and Woburn Avenue in Toronto in fall 2009
    -   Commerce Court in Toronto in summer 2009
    -   Laird Drive and McCrae Drive in Toronto in fall 2009 - Will reopen
        with Sunday hours
    -   Langstaff Road and Highway 27 in Vaughan in spring 2009

    "In addition to expanding our physical presence across the GTA, we are
also looking for great people to join our team," added Tomei. "We encourage
qualified candidates to visit our career site and apply online."
    With 1058 branches, CIBC clients have access to one of the largest branch
networks in Canada. These 10 new and expanded branches in the GTA are in
addition to the 8 branches in the Toronto area CIBC has opened over the past
year to provide clients with increased access, choice and flexibility.
    In addition to CIBC's convenient hours, including evening, Saturday and
Sunday hours at select locations, CIBC clients also benefit from access to
more than 3700 automated bank machines, 24/7 service over the phone and on
Canada's leading online banking site,

    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

For further information:

For further information: Media contact: Doug Maybee, Director, External
Communications and Media Relations, (416) 980-7458 or

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