The Canadian Imperial Bank of Commerce today will celebrate 50 years serving Osoyoos, opening its doors to the community for a mid-day celebration.
“We’ll be celebrating the anniversary from 11 until 3 p.m. with a presentation at noon,” said branch manager Carol Hapke. “We’ve got some RCMP in red serge coming; we’ve got (MLA) Linda Larson coming and, of course, some of our people as well.”
CIBC opened its doors in Osoyoos on June 19, 1967, in a temporary Main Street location. It built its first branch property in 1968 at the northwest corner of what was then 76 Ave and 83 Street — now Main Street and Spartan Drive.
In 1981, CIBC built its current Osoyoos branch location at 8516 Main Street. According to the bank, the redesign of the building was “part of a project to redo a number of commercial properties on Osoyoos’s Main St in a Spanish motif.”
CIBC is itself celebrating 150 years. The Canadian Bank of Commerce was founded in 1867 by businessman William McMaster. In 1961, it merged with the Imperial Bank of Canada.