About Us I CIBC US (2024)

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CIBC U.S. provides tailored commercial, wealth management, personal, and small business financial solutions as well as cross-border banking services to clients with North American operations. Our U.S. headquarters is in Chicago, and we’re backed by a 150-year-old Toronto-based, global financial institution. We invest in our businesses, our clients, our people and our communities.

We strive to build trusting and enduring relationships by putting our clients at the center of all we do. We use our values to guide our decisions, actions and interactions with our clients, our team members and our communities.

Leadership

Our CIBC leadership team sets the strategic direction for the U.S. Region.

Learn more about the CIBC U.S. Executive Management

Learn more about the CIBC Bancorp USA Board of Directors

Life at CIBC

CIBC is more than a bank. It’s a supportive, welcoming culture with a diverse community where our team members don’t just have a job — they find a lifelong career.

View career opportunities in the United States at CIBC

Learn more about inclusion and diversity at CIBC

CIBC U.S. news

Here’s the latest on CIBC U.S., including our press release archives, community news, and awards and recognition.

Timeline

From our early beginnings as one of the first financial institutions in Canada, CIBC has grown to become recognized as one of the strongest banks in North America by Bloomberg Markets. Here’s a brief history of CIBC and our expansion into the United States.

Year Event

2019

CIBC acquires Milwaukee-based boutique investment banking firm Cleary Gull

2019

CIBC acquires private wealth management firm Lowenhaupt Global Advisors

2018

CIBC launches CIBC Agility Digital Banking

2018

CIBC creates the North American Innovation Banking team and acquires the loan assets of Wellington Financial Fund V LP

2017

CIBC acquires Chicago-based private wealth management firm Geneva Advisors

2017

The PrivateBank becomes indirectly, wholly owned subsidiary of CIBC

2014

CIBC completes purchase of Atlantic Trust Wealth Management

1999

The PrivateBank completes $17 million initial public offering and began trading on the NASDAQ Stock Exchange under the ticker "PVTB"

1991

The PrivateBank opens first office in Chicago and begins doing business as The PrivateBank

1973

Company Headquarters, Commerce Court, is opened in Toronto

1961

The Commerce and the Imperial Bank of Canada merge to form the Canadian Imperial Bank of Commerce (CIBC)

1875

Imperial Bank of Canada, CIBC's other founding bank, opens for business

1867

Canadian Bank of Commerce is founded and the first branch is opened in Toronto

U.S. Region Corporate Headquarters

CIBC

120 South LaSalle Street
Chicago, Illinois 60603

About Us I CIBC US (2024)

FAQs

Why would I want to work for CIBC? ›

You'll be building your career and your life because CIBC knows our team members value a work-life balance that lets them be their best for their teams at work, and their team at home. At CIBC, you'll have more than a career. You'll have a place where you can learn, grow, and thrive.

What is CIBC best known for? ›

Canadian Commercial Banking and Wealth Management provides high-touch, relationship-oriented banking and wealth management services to middle-market companies, entrepreneurs and high-net-worth individuals and families across Canada, as well as asset management services to institutional investors.

What is the description of CIBC? ›

The Canadian Imperial Bank of Commerce (CIBC; French: Banque canadienne impériale de commerce) is a Canadian multinational banking and financial services corporation headquartered at CIBC Square in the Financial District of Toronto, Ontario.

What does CIBC Bank USA stand for? ›

The largest merger of two chartered banks in Canadian history happened on June 1, 1961 — The Canadian Bank of Commerce (established 1867) and the Imperial Bank of Canada (established 1875) merged to form the Canadian Imperial Bank of Commerce (CIBC).

What are CIBC's core values? ›

We believe in, empower and support each other; We act with respect, integrity, honesty and transparency in our relationships with each other and with our clients.

What is the best answer for why do you want to join the bank? ›

"I am interested in banking because it's a good match for my hard-working and highly ambitious nature. I have always enjoyed pushing myself and being part of an environment that celebrates hard work. Being surrounded by intelligent, driven peers also inspires me to do my best work.

Why is CIBC better than other banks? ›

Its longevity testifies to its stability and reliability. Diversified offer: Whether you're an individual, a business, a student or a newcomer to Canada, CIBC offers a full range of banking products and services, from current and savings accounts to loans, credit cards, mortgages and investments.

What are the strengths of CIBC? ›

CIBC is financially strong and well capitalized. Our bank is well diversified with significant access to liquidity to meet client needs. We have a long history of standing by our clients through challenging times, and we will do so again.

Is CIBC a top employer? ›

TORONTO, Jan. 23, 2024 /CNW/ - CIBC has been named as one of Canada's Top Employers for Young People by Mediacorp Canada Inc. for the 12th consecutive year.

What is the reputation of CIBC? ›

CIBC ranked #1 in Customer Satisfaction for Small Business Banking in the J.D. Power 2023 Canada Small Business Banking Satisfaction Study, outperforming peers across many factors, most notably in people, level of trust and problem resolution. Learn more.

Is CIBC a big company? ›

The Big Six refers to the major banks of Canada. The list includes the TD, Royal Bank, the Bank of Montreal, Scotiabank, CIBC, and the National Bank. A Schedule II bank is a subsidiary of a foreign bank that is authorized to accept deposits within Canada and is regulated by the federal Bank Act.

Where is CIBC headquarters in the US? ›

120 South LaSalle Street, Chicago, Illinois

What US bank did CIBC buy? ›

Canadian Imperial Bank of Commerce is pushing for more U.S. deposits and business loans and is on pace to exceed an earnings target, building momentum a year after buying Chicago-based PrivateBank in its biggest takeover.

Does CIBC have branches in USA? ›

CIBC and its affiliates including CIBC Bank USA, US Commercial Real Estate and Real Estate Finance, and CIBC Private Wealth Management have offices strategically located across the United States to serve clients coast to coast. Select a category to find a location near you.

What is unique about CIBC? ›

CIBC is well-known for its investment banking capabilities. It provides a variety of services such as mergers and acquisitions, capital markets advisory, and underwriting of securities.

Why do you want to work here? ›

The best answer to this question includes something that personally stood out to you in your research about the company, what that means to you and the contribution that you could make in the role you are interviewing for. The best answer focuses on the company, not yourself or your needs.

Why do people choose to work in a bank? ›

Competitive Salaries and Benefits

Salaries in the banking industry are typically higher than in many other industries, and there is also the potential for bonuses and other financial incentives. Furthermore, banks typically offer a range of benefits, including health insurance, retirement plans, and paid time off.

Why would I be a good fit for a bank job? ›

Banking jobs require a range of skills, such as analytical, numerical, communication, customer service, and teamwork skills. You want to demonstrate that you have these skills and can apply them to the banking context.

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