CIBC, Darryl Sittler mark grand opening of second Kitchener branch with $10,000 donation to Family & Children's Services of the Waterloo Region

KITCHENER, ON, June 17, 2011 /CNW/ - CIBC (TSX: CM) (NYSE: CM) Tomorrow, on Saturday, June 18th, CIBC and hockey legend Darryl Sittler will celebrate the grand opening of the new 6,100 square foot CIBC Ira Needles & University Banking Centre, the second new CIBC branch to open in the Kitchener-Waterloo area. Open six days a week, the new branch at 120 The Boardwalk offers Kitchener-Waterloo residents extended hours as well as service in English and Arabic. To mark the opening, CIBC will present a $10,000 donation to Family & Children's Services of the Waterloo Region.

"We're thrilled to celebrate CIBC's investment in the Kitchener-Waterloo area with our clients, the community and a true hockey legend," said Larry Tomei, CIBC's Senior Vice-President of Retail Markets for Central Canada. "This spacious, modern branch will provide clients with access to our full range of financial solutions and professional advice to help them achieve what matters."

The branch hours of operation are:

        Monday - Wednesday:  9:30 a.m. - 4:00 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 Family & Children's Services of the Waterloo Region will go towards a new Family Centre, a unique community hub where Family and Children's Services and other community organizations will work together to provide community programming, counseling services, social and recreational activities that help children and families in our community. As one of 54 Children's Aid Societies in Ontario, Family & Children's Services of the Waterloo Region protects children in the community by supporting and strengthening families so that children can grow up safely at home.

"We're deeply appreciative to CIBC for their generous donation and commitment to the new centre," said Alison Scott, Executive Director of Family & Children's Services of the Waterloo Region. "We know we can be much more successful when we all work together to provide services to family and children, and it is heart-warming to know that CIBC believes in this vision and shares in our excitement for the project."

Darryl Sittler will be on-site to meet and greet fans from 11:00 a.m. to 1:00 p.m. Guests at the grand opening can enter to win a Weber Prize Pack worth nearly $1,000 including a Weber Genesis EP-310 BBQ, a Weber Genesis grill cover and a Weber Style 3 piece stainless steel BBQ tool set or a $1,000 GIC. There will also be a face painter, caricaturist and interactive outdoor hockey games.

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


For further information: Media contact: Rod Cumming, Communications and Public Affairs, CIBC, at 416-304-5567,

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