LOS ANGELES, Dec 12, 2011 -- Chase is expanding its nationwide network of ATMs with approximately 800 locations in ARCO-branded ampm locations in California as well as Washington, Arizona, Oregon and Nevada.
"We are making banking even more convenient for millions of Chase customers, especially in California," said Jim Sutton, head of ATM distribution and deployment at Chase. "Many of our customers already take advantage of ampm's extensive network, and soon they will be able to use Chase ATMs there with no fee. Select locations will also allow Chase customers to make deposits at the ATM."
About 75% of the expansion will be in California, bringing the total number of Chase ATMs in California to nearly 4,000. The new Chase ATMs began arriving in participating ampm stores in late November, and most will be installed by the end of March 2012.
"Chase's ATMs are an exciting addition to our convenience store offering, and will help us grow our customer base," said ampm President Bill Fry. "We expect this to help generate additional fuel purchases and in-store sales, further strengthening the ampm brand."
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 $2.3 trillion and operations in more than 60 countries. Chase serves consumers and businesses in California through more than 880 bank branches and 3,300 ATMs, mortgage offices, and online and mobile banking. JPMorgan Chase employs more than 20,000 Californians. More information about Chase is available at www.chase.com.
The ampm brand was founded in 1978 in Southern California by ARCO. ampm convenience stores have been recognized in the Franchise Times 'Top 200' (October 2011) and Entrepreneur's 'Franchise 500' [ January 2012]. ARCO-branded ampm stores are currently found in California, Nevada, Oregon, Washington and Arizona; BP-branded ampm stores are located in Chicago, Orlando, Cleveland, Cincinnati and Atlanta. There are also more than 1,200 stores in Brazil and Japan.