When was CIBC created?

Retrieved August 19, 2019. It was created through the 1961 merger of two Ontario-based banks, the Canadian Bank of Commerce and the Imperial Bank of Canada, the largest merger of two chartered banks in Canada's history. ^ "A Short History of CIBC" (PDF).

When did CIBC become the second largest bank in Canada?

The new Canadian Imperial Bank of Commerce (CIBC) became the second largest chartered bank in the country with an approximate 25 per cent market share. All banks in Canada were aided by changes to the Bank Act, first in 1954 and then in 1967.

What is CIBC bank number?

CIBC's Institution Number (or bank number) is 010, and its SWIFT code is CIBCCATT. A Canadian Bank of Commerce branch in Dawson, 1899. William McMaster founded the Canadian Bank of Commerce which opened on May 15, 1867, in Toronto as competition for the Bank of Montreal; by 1874 it had 24 branches.

What is the history of the Canadian Bank of Commerce?

Our bank has a rich history of helping people, businesses, and communities in Canada and around the world grow and prosper. Our history begins with the founding of The Canadian Bank of Commerce on May 15, 1867.