April 21, 2011

Chase To Add 37 Bank Branches in Florida in 2011

Investment to add more than 400 branch jobs, expand network to more than 280 branches

MIAMI, April 21, 2011 - Chase announced today that it will continue its investment in Florida by opening 37 branches and adding more than 400 branch jobs to better serve customers in 2011.  

In 2011, Chase will invest more than $100 million in new Florida branches.

The new branches will complement Chase's network of more than 280 bank branches and more than 1,200 ATMs across Florida.  

Chase will open:

  • 16 branches in Southeast Florida, including Martin, Palm Beach, Broward, Miami-Dade and Monroe counties;
  • 12 branches in Central West Florida, including Pinellas, Hillsborough and Sarasota counties;
  • 6 branches in Southwest Florida, including Lee and Collier counties; and
  • 3 branches in Central Florida, including Orange County

"Florida is one of Chase's high-priority growth markets, and we plan to invest in the people, facilities and technology needed to serve Florida consumers and businesses well," said Mel Martinez, Chairman of Florida, Mexico, Central America and the Caribbean. "We are creating many jobs, including construction workers to build the branches, vendors to provide services to Chase and, most importantly, branch employees to help our customers with their financial needs."

Chase plans to add a total of 375 to 500 branches in Florida by 2015.  

Branches are open Monday through Friday 9 a.m. to 6 p.m., and Saturdays from 9 a.m. to 3 p.m. Drive-through banking opens an hour earlier than the lobby six days a week. An average branch will provide financial services through personal bankers, tellers, a small business banker, a mortgage officer and an investment representative.

Chase provides branch banking services, online and mobile banking, investments, credit cards, and mortgages and other loans to more than 6 million consumers and small businesses in the state. The company employs more than 15,000 people in the state and plans to invest more than $4 million through grants to Florida non-profits in 2011.

In the last two years, Chase opened 11 Homeownership Centers across Florida with plans for an additional two locations to provide face-to-face loan counseling to families struggling with mortgage payments. Chase counselors at the centers already have worked with more than 28,000 families.

To learn about career opportunities with JPMorgan Chase, please visit: www.chase.com/careers.

About Chase

Chase serves Florida through more than 280 branches and more than 15,000 employees. Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with assets of $2.1 trillion and operations in more than 60 countries. Chase serves consumers and small businesses through 5,200 bank branches, 16,000 ATMs, mortgage offices, and online and mobile banking as well as through relationships with auto dealerships and schools and universities. Chase also has 90 million credit cards issued. More information about Chase is available at www.chase.com.


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