CIBC Financial HealthCheck helps 2,000,000 Canadians prepare for their future

'Saving for retirement' top of mind for clients who have completed a CIBC Financial HealthCheck

TORONTO, Feb. 17 /CNW/ - With retirement planning a key focus for many Canadians, and boomers in particular, it is no surprise that saving for retirement was the top goal for many of the more than 2,000,000 CIBC clients who have completed a CIBC Financial HealthCheck. Second to retirement planning, was saving for a home and paying down debt.

The CIBC Financial HealthCheck offers Canadians an easy way to start planning for a financially secure future. First, it helps them determine where they are now and where they want to be. Then, with the help of their advisor, they work through specific scenarios based on what's important to them, like paying down their mortgage or saving for their child's education. Clients walk away with a personalized report that addresses their needs and acts as the basis for ongoing conversations with their advisor to help them put the right solutions in place for reaching their goals and improving their financial health.

"We're very pleased that our advisors have been able to help more than 2 million clients better prepare for their future since we launched the CIBC Financial HealthCheck in 2005," said Victor Dodig, Executive Vice-President, CIBC Retail Markets. "Our clients can sit down with a CIBC advisor at any one of our branches across the country for a valuable conversation designed to help them set and achieve their financial goals."

"CIBC continues to invest in financial expertise so that we can provide clients with advice and guidance to help them achieve what's important to them," added Dodig.

CIBC offers clients a broad range of advisory solutions such as CIBC Imperial Service, CIBC Private Wealth Management and CIBC Wood Gundy through more than 3000 highly accredited advisors.

With 1072 branches, CIBC clients have access to one of the largest branch networks in Canada. CIBC clients also benefit from access to more than 3800 automated bank machines, 24/7 service over the phone and on Canada's leading online banking site, www.cibc.com.

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, 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: Doug Maybee, Director, External Communications and Media Relations, CIBC, Tel: [phone], [email protected]