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9 December 2016

The CIBC at Expo 67

The CIBC at Expo 67
The Canadian Imperial Bank of Commerce opened on May 15, 1867 in Toronto.  By 1967, both the CIBC and Canada were celebrating their centenaries.

The CIBC had an on-site branch at Expo 67.  It was located on Île Sainte-Hélène, next to an Expo-Services kiosk, and a stone's throw away from Cosmos Walk.  In the days before ATM machines, the branch served as many as 10,000 clients a day.

The staff, which exceeded 100, were trained to handle a variety of transactions and currencies.  Hostesses who cashed traveller's cheques had the most hectic job.  They stood at the front of the branch with trays of envelopes containing the cash equivalent of a $20 US traveller's cheque. In one day, they could cash as many as 4,500 cheques.

The CIBC at Expo 67

The CIBC at Expo 67
And speaking of ATM machines, the CIBC was the first Canadian bank to introduce a 24-hour cash dispenser, but that would only be in 1969...

The CIBC at Expo 67
images: (1) unknown source
(2-3-4) cibc.com

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2 Comments:

Anonymous Anonymous said...

I recall it well. That is where I cashed my travelers checks. Good post. Thank you Jason.

11:20 am  
Anonymous Anonymous said...

A nice memory. I remember cashing my travelers checks there. Thank you! A very nice article. Glad you are back again. We have missed you.

9:57 am  

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