JPMorgan Chase & Co. to Open Dozens of Locations Around New England
JP Morgan Chase & Co., a NEC member, is planning to open dozens of retail branch locations around New England starting this year and into 2020. JP Morgan and Chase, now known together as Chase, merged in 2000 and formed the nation’s largest bank.
Chase Bank is optimistic about its growth plan for New England and is particularly interested in accessing the large student population in the region. At the end of September, the bank opened its first new retail location on Brown University’s campus in Providence, RI. In addition to 60 retail branches, Chase will also install over 130 ATM’s in the region. Chase, which currently employs more than 1,500 people in New England, plans to hire over 350 people through this regional expansion. The next New England branch to open will be in Dedham, MA, in mid-December.
The Council applauds JPMorgan Chase & Co. on their New England expansion decision and wishes them continued success.