Chase Celebrates the Opening of Its 1000th California Branch

Chase Celebrates the Opening of Its 1000^thCalifornia Branch

Investment in customer service and innovative technology continues across the state

SAN FRANCISCO--(BUSINESS WIRE)-- Chase announced today it has opened its 1,000^th branch in California at 2436 Almaden Rd., San Jose. The milestone will be marked by celebrations at the new San Jose branch and at a new Chase location in San Francisco's Inner Richmond neighborhood.

"We are so proud to be able to support California with our 1000^th branch," said Ryan McInerney, CEO of Consumer Banking. "In four years, we've gone from not being in California at all to being the second largest bank in the state. We now serve 15 million Californians and we feel like this is home to us."

Chase has opened nearly 300 new branches in California in just the past four years. Its rapid growth has created 7,800 new jobs. The company now employs nearly 21,000 Californians and has extended more than $2.2 million in new loans and lines of credit to help consumers and small businesses across the state.

"It's a privilege to celebrate this important milestone with our Bay Area customers and communities," said Andy Carney, California Regional Manager for Chase Consumer and Business Banking. "Our customers have made this day happen."

Underscoring its commitment to the communities it serves, Chase employees will mark this special occasion by filling 1,000 backpacks with school supplies for students at five San Francisco elementary schools: Bret Harte Elementary, George Washington Carver Elementary, Dr. Charles R. Drew Elementary, Malcolm X Elementary and Gloria R. Davis Middle School.

The new branches will feature two of Chase's newest customer service innovations:

• Self-service banking kiosks that offer the services of a traditional ATM, plus new options including bill-pay and cash withdrawal in denominations from $1 to $100;

• The ability to instantly issue working debit cards for customers opening new accounts, or who are in need of a replacement card.

About Chase

Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYS: JPM) , a leading global financial services firm with assets of $2.3 trillion and operations in more than 60 countries. Chase serves more than 50 million consumers and small businesses through more than 5,500 bank branches, 18,000 ATMs, mortgage offices, and online and mobile banking as well as through relationships with auto dealerships. More information about Chase is available at www.chase.com.

Chase
Media Contacts:
SF opening:
Eileen Leveckis, (415) 271-5474
or
San Jose opening:
Darcy Donahoe-Wilmot, (425) 444-5000

KEYWORDS: United States North America California

INDUSTRY KEYWORDS:

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