CIBC continues to grow across the GTA with seven new or expanded branches to
better serve clients

From Burlington to Barrie, spacious, fully accessible branches and extended hours will offer clients more opportunities to talk to a CIBC financial advisor

TORONTO, Oct. 4 /CNW/ - Today, CIBC announced it is continuing to invest in its branch network across the country with the addition of 15 full-service banking centre locations to be opened or expanded, including seven locations in the GTA. By building new state-of-the-art banking centres and expanding or enhancing existing locations, CIBC is looking to strengthen its presence in some of Canada's fastest growing communities.

"With these seven locations, CIBC is investing in expanding and enhancing its branch network across the GTA to provide our clients with more choice in their banking," said Larry Tomei, CIBC's Senior Vice-President of Retail Markets for Central Canada. "From Burlington to Barrie, we're growing our presence across the GTA to better serve our clients."

"CIBC is committed to hiring employees who reflect the diversity of the communities we serve. We make every effort to meet the diverse needs of our clients by offering service in a wide variety of languages, making banking easier for more clients," added Tomei. "As we invest in growing our branch network to enhance the service experience for our clients, we are looking for great people to join our team. We encourage candidates who enjoy helping people achieve their goals to visit our career site and apply online."

New or expanded branch locations in the GTA include:

    
      -  Mapleview Drive and Highway 400 in Barrie in summer 2011
      -  Upper Middle and Guelph Line in Burlington in fall 2010
      -  Donald Cousens Parkway and Highway 407 in Markham in fall 2011
      -  Markham Road and Bur Oak Avenue in fall 2010
      -  Stevenson and Highway 401 in Oshawa in spring 2011
      -  Dufferin Street and Rimrock Road in Toronto in fall 2010
      -  East Liberty Street and Lynn Williams Street in Toronto in summer
         2011
    

CIBC's new fully accessible branch design includes teller stations that allow clients to sit while speaking to a teller for greater comfort as well as Automated Banking Machines (ABMs) installed at wheelchair accessible height with headphone jacks for audio access and grab bars for mobility assistance.

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 (CM: TSX;NYSE) 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.

For further information: Media contact: Kevin Dove, Senior Director, External Communications & Media Relations, 416-980-8835, or [email protected].