By Colin Kellaher

Canadian Imperial Bank of Commerce Thursday said it is reducing operations at some of its U.S. banking centers in a bid to help stem the spread of the novel coronavirus.

The Toronto bank, which operates in several U.S. states, said it is temporarily closing some offices, limiting others to drive-up only and reducing lobby hours at those that remain open.

CIBC said its all of its ATMs, online banking, mobile banking and telephone banking services will remain available, and it said employees affected by the changes will continue to receive full pay.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

March 19, 2020 11:22 ET (15:22 GMT)

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