CIBC is one of the top 5 Canadian banks. CIBC stands for Canadian Imperial Bank of Commerce. CIBC was founded in 1867 in Toronto as Canadian Banks of Commerce. The main office of CIBC is in Toronto. The bank’s main business is in Canada, but the bank also has customers in the Caribbean, Asia and the US.

CIBC has over 1,000 branches in Canada and employees over 35,000 people worldwide. The bank also has over 4,000 ATMs across Canada and was the first Canadian bank to introduce automated cash dispenser bank machines.

CIBC is a member of the Canada Deposit Insurance Corporation, Interac, Plus Network, Visa International, and the Canadian Bankers Association.

CIBC offers a variety of financial services to its clients worldwide. Through its partnership with Loblows called President’s Choice Financial (PC Financial), CIBC offers low-cost banking, residential mortgages, and personal loans. PC Financial also offers very competitive insurance products like auto insurance and home insurance. Through its own brand CIBC offers checking and savings accounts, mortgages, mutual funds, lines of credit, RRSP accounts.

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