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33 More Branches Make Chase Arizona's Even More Convenient Bank
- Former WaMu locations bring Chase network to 300 branches and nearly 900 ATMs
- Bank will open 12 more branches by end of 2010
Phoenix - November 2, 2009 - Chase announced today that it has successfully converted and rebranded 33 former Washington Mutual bank branches in Arizona, creating a network of 300 Chase branches in 59 cities and towns for consumers and businesses.
Chase now has 177 branches in Metro Phoenix, 96 in Southern Arizona and 27 across the northern part of the state - as well as 873 ATMs statewide.
"Both Chase and former WaMu customers now have more locations to do their banking," said Eusebio Rivera, head of retail banking for Chase in Phoenix. "They can now take advantage of our expanded set of products and services to achieve their financial goals."
Chase has invested more than $12 million in refurbishing and rebranding the former WaMu branches in Arizona. Chase is using high efficiency HVAC and lighting systems, low irrigation plant landscaping, solar reflectance, recycled materials in walls, floors and ceilings, and Energy Star appliances.
Over the last five years, Chase has significantly expanded its Arizona presence, growing from just 186 branches across the state in 2004.
"We know that convenience is an important part of earning customer business," Rivera said.
Chase added 114 more locations to serve Arizona consumers and small businesses, including four in northern Arizona in the past six months.
Parent company JPMorgan Chase acquired Washington Mutual's banking operations in September, 2008, quickly providing WaMu customers with the security and peace of mind of a $2 trillion financial services company. Since then, about 1,800 former WaMu branches across the country have converted to the Chase brand and computer system, allowing customers to conduct their business at more than 5,100 Chase branches in 23 states.
About Chase
Chase is the U.S. consumer and commercial banking brand of JPMorgan Chase & Co. (NYSE: JPM), which operates more than 5,100 branches and 14,000 ATMs nationally. Chase has 146 million credit cards issued and serves consumers and small businesses through bank branches, ATMs and online banking as well as through relationships with auto dealerships and schools and universities. It also serves more than 26,000 (check against the Commercial Bank page in the annual report) commercial banking clients, including corporations, municipalities, financial institutions and not-for-profit entities. More information about Chase is available at www.chase.com.