Chase to Open 24 Branches in Alabama, Create More Than 170 Jobs
JPMorganChase plans to more than triple the number of branches in
The expansion will bring the total number of Chase branches in
“Alabama is a vibrant state with a strong manufacturing economy, good small business growth, and burgeoning aerospace and technology sectors. Our mission is to support economic growth and foster opportunity for all,” said Jennifer Roberts, CEO of Chase Consumer Banking. “This is the right time and the right place for an expansion of Chase branches and jobs in communities all across this state- from
Chase opened its first
Chase Continues to Build New Branches Across the Country
Chase is the only
“Since we opened the first branch in our state,
JPMorganChase serves as the bank of choice for 22,000
“Huntsville welcomes the firm’s expansion to serve more industries, communities and residents,” said
“North Alabama continues to attract investment from the public and private sector. The news about JPMorganChase’s expansion is the latest example of the power of this economy,” said Representative Dale Strong (R-
The firm hired Geno Gardner as the first dedicated community manager for
In his role as a dedicated Community Manager, he will serve as a local ambassador to build relationships with community leaders and non-profits. The firm also intends to hire a Small Business Consultant to help entrepreneurs and small businesses grow and scale. Together, these specialized employees will further the firm’s commitment to understanding the opportunities for support, growth and expansion.
Bolstering our Commitment to the Community
In addition to new business commitments, the firm will listen, learn and work alongside community leaders, the public and private sectors and local nonprofit organizations to advance economic growth and opportunity, building on work the firm is doing across the country to support workforce development and small business growth. The firm will also apply insights gained from research like JPMorganChase Institute’s latest report on how small businesses outside metro areas fare in scaling to
JPMorganChase has long supported nonprofits across the state, providing more than
JPMorganChase in
JPMorganChase has supported economic opportunity and provided banking and financial services to consumers and businesses across
- Supporting more than 160 medium and large clients in industries including business services, machinery and equipment manufacturing, and medical services companies
- Supporting vital institutions, including local governments; higher education and healthcare institutions and over 20 of Alabama’s local financial institutions
- Financing the development and rehabilitation of affordable housing units
- Investing in local industry and job growth by financing the construction of recycling, manufacturing and wholesale distribution facilities
About JPMorganChase
JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in
Additional support for JPMorganChase’s expansion in
“At ¡HICA!, we believe that economic opportunity should be within reach for every family we serve. JPMorganChase’s support helps us to empower Latino and all communities to take part in Alabama’s economic growth, unlocking pathways to entrepreneurship, homeownership, and financial stability. Together, we are investing in the future of our state—ensuring all families contribute to Alabama’s prosperity,” said Carlos E. Alemán, Ph.D., CEO, ¡HICA!.
"When a bank with the influence and reputation of JPMorganChase signals that it's sharpening its focus on
View source version on businesswire.com: https://www.businesswire.com/news/home/20250205960838/en/
Greg Hassell
713.419.9208
Greg.Hassell@chase.com
Source: JPMorgan Chase & Co.