CIBC honored with Bronze US President';s Volunteer Service Award from Junior Achievement for second consecutive year

Rhea-AI Summary

CIBC US has been awarded the Bronze US President's Volunteer Service Award from Junior Achievement for the 2022-2023 school year. This is the second consecutive year CIBC has received this accolade, which honors organizations and individuals contributing over 1,500 volunteer hours. The award, announced in Washington, D.C., recognizes CIBC's commitment to volunteer services aimed at empowering young people.

Kristen Freund, managing director at CIBC, highlighted the bank's dedication to community service, emphasizing their efforts to provide financial literacy and work readiness education to students. Over the past 11 years, more than 3,300 CIBC professionals have volunteered, impacting over 25,000 students.

CIBC is a major North American financial institution serving 14 million clients with a broad range of banking and wealth management services. The company continues to prioritize community engagement and volunteerism as part of its broader mission.

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• CIBC received the Bronze US President's Volunteer Service Award for the second consecutive year.
• Over 3,300 CIBC professionals have volunteered, reaching over 25,000 students in the past 11 years.
• The award highlights CIBC's commitment to financial literacy and work readiness education.

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• None.

CHICAGO, June 24, 2024 /PRNewswire/ - CIBC US today announced that it has been recognized with the Bronze US President's Volunteer Service awards from Junior Achievement (JA) for the 2022-2023 school year. This recognition, which was announced at an award ceremony in Washington, D.C. earlier this month, is presented to organizations and individuals who demonstrate a commitment to volunteer services, contributing 1,500 hours or more.

The US President's Volunteer Services award is a program established by the President's Council on service and civic participation. It aims to acknowledge the remarkable efforts of individuals and organizations in dedicating their time to meaningful volunteer service.

"At CIBC, our dedication to volunteerism aligns with our broader purpose of helping clients, employees and communities thrive," said Kristen Freund, managing director and group head at CIBC. "This award reflects our ongoing commitment to making a positive change in the lives of young people."

This is the sixth time that JA, a renowned non-profit organization that empowers young people to achieve economic success by providing them with crucial financial literacy, work readiness and entrepreneur education, has recognized CIBC for its commitment to volunteerism.

Over the past 11 years, a team of more than 3,300 CIBC US professionals reached over 25,000 students, spanning various age groups.

"We are proud to partner with JA in order to equip young people with the skills and knowledge needed to navigate the complexities of the modern world," said Freund.

About CIBC

CIBC is a leading North American financial institution with 14 million personal banking, business, public sector and institutional clients. CIBC offers a full range of advice, solutions and services in the United States, across Canada and around the world. In the US, CIBC Bank USA provides commercial banking, private and personal banking and small business banking solutions and CIBC Private Wealth offers investment management, wealth strategies and legacy planning. Visit us at cibc.com/US.

Member FDIC and Equal Housing Lender. Loans are subject to credit approval. The CIBC logo is a registered trademark of CIBC, used under license. Investment Products Offered are Not FDIC-Insured, May Lose Value and are Not Bank Guaranteed.

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SOURCE CIBC

FAQ

What award did CIBC receive for volunteer services?

CIBC received the Bronze US President's Volunteer Service Award from Junior Achievement.

How many years in a row has CIBC won the President's Volunteer Service Award?

CIBC has won the Bronze US President's Volunteer Service Award for two consecutive years.

What is the significance of the US President's Volunteer Service Award?

The US President's Volunteer Service Award honors organizations and individuals who contribute 1,500 hours or more to volunteer services.

How many students have been impacted by CIBC’s volunteer efforts?

CIBC's volunteer efforts have reached over 25,000 students over the past 11 years.

Who is the managing director of CIBC who commented on the award?

Kristen Freund, managing director and group head at CIBC, commented on the award.