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New CIBC ENVIRO-SAVER Mortgage Offers Energy and Cost Savings for Clients

This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-11-23
TORONTO, Nov. 22 /CNW/ - CIBC (CM: TSX; NYSE) - CIBC's new ENVIRO-SAVERMortgage gives Canadians an opportunity to improve the energy efficiency oftheir homes, benefiting the environment and generating a cost savings forclients by reducing their household utility bills.

The offer, available through all CIBC branches, CIBC Mortgage Specialistsand through CIBC Telephone Banking, provides clients with a gift certificateof up to $300 to have an energy audit conducted on their home when theyfinance their home improvements with a qualified CIBC mortgage. The audit willidentify how the client's home uses energy and which improvements would offerthe greatest increase in their home's energy efficiency, leading to both lowerenergy consumption and lower utility costs over the long term. Governmentgrants may also be available to clients for some of their energy efficientupgrades.

"We recognize that many of our clients are increasingly aware of theimpact they have on the environment, and are looking for ways to reduce theirhousehold energy consumption," says Raza Hasan, Senior Vice-President,Mortgages and Lending, CIBC Retail Markets. "The CIBC ENVIRO-SAVER Mortgageoffer meets this growing need by giving clients the information they need tomake environmentally sound home improvement choices, and financing them atcompetitive rates."

The offer also includes valuable coupons offering savings of up to $1,000on common household services.

More information about the ENVIRO-SAVER Mortgage is available at or at any CIBC Branch.

CIBC is a leading North American financial institution with nearly11 million personal banking and business clients. CIBC offers a full range ofproducts 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 PressCentre on our corporate website at .

For further information

Doug Maybee, Director, External Communicationsand Media Relations, CIBC, Tel: (416) 980-7458,

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