Innovation

CIBC is transforming the face of banking.

Our clients are mobile, savvy and ready for more. Let’s work together to create a client experience that’s faster, easier and made just for them. Join the evolution. 

History. Heritage. Heart. CIBC has come a long way. Check out our timeline.

A CIBC ATM on a ski hill.

Banking at the top

CIBC introduces Canada’s first ski-thru ATM at the top of Whistler Mountain at Whistler Blackcomb Ski Resort in British Columbia.

A customer uses a smartphone to pay for groceries.

first to launch

CIBC is the first bank in Canada to launch Apple Pay and Samsung Pay, making it easy to pay for purchases with a wave of your smartphone.

A trophy alongside CIBC products on a smartphone, tablet and smart watch.

Awards and recognition

With consecutive top ranking in online banking functionality, an award-winning app and recognition as the Financial Institution Innovator of the Year, CIBC Digital continues to build the future of banking.

  • 2014

    CIBC’s innovative Tim Hortons® Double Double® Visa Card wins an IVIE Award for Canadian Payments Benefiting Consumers.

  • 2013

    CIBC introduces eDeposits to Canada, making it easy to deposit a cheque by taking a picture with a smartphone.

  • 2012

    CIBC partners with Rogers Communications to introduce mobile payments to Canada so clients can use a smartphone to pay for purchases.

  • 2010

    Mobile banking? CIBC was first! CIBC becomes the first bank in Canada to release a banking app for the iPhone.

  • 1992

    CIBC is the first bank to offer automated telephone banking service across Canada.

  • 1984

    CIBC is the first Canadian bank to offer flexible mortgages, giving clients the choice of paying monthly or semi-monthly, weekly or biweekly.

  • 1983

    Computers-first! CIBC becomes the first Canadian Bank to adopt the personal computer for use by tellers.

  • 1970

    A flying bank! CIBC introduces the first flying Banking Centre in North America. Providing banking services to remote northern communities, the DC3 left Yellowknife once a month, covering more than 2,500 kilometres over 5 stops.

  • 1969

    CIBC is the first Canadian bank to introduce a 24-hour cash dispenser. Activated with a key, plastic card and personal identification number, clients could withdraw only $30 at a time, which came prepackaged in a plastic envelope.

  • 1964

    CIBC launches a floating branch, complete with teller window, on the St. Lawrence River in Quebec.

  • 1958

    CIBC opens a branch in Inuvik more than 200 kilometres north of the Arctic Circle, making it the northernmost bank branch in North America.

  • 1954

    CIBC unveils a drive-in branch in Toronto.

  • 1950

    CIBC rolls out mobile banking with a trailer that has Mobile Unit #1 painted on the side.

  • 1936

    CIBC becomes the first Canadian bank to establish a personal loans department.

  • 1905

    CIBC built 70 prefabricated and pre-painted branches between 1905 and 1911 in Western Canada.

  • 1867

    Come in, we’re open! CIBC opens for business on May 15, 1867.