Chase Bank is closing another wave of branches this summer: See a list of shuttered locations in several states
JPMorgan Chase operates the largest network of retail consumer banks in the United States, and even at a time when more financial services are automated and face-to-face customer service feels like something from a bygone era, the banking giant has continued to invest in physical locations. Since 2018, Chase has opened more than 1,000 locations, a company spokesperson told Fast Company . But…
JPMorgan Chase, the largest consumer bank network in the United States, has been closing branches across several states this summer, according to recent filings. While the bank has continued to open new locations, its net branch count has remained relatively stable at 5,083 since 2018. This summer alone, more than a dozen branches have closed in Florida, Washington, Ohio, Illinois, California, Louisiana, Arizona, and New York.
Some of the branches were relocated to nearby locations, while others were closed due to low foot traffic or consolidation. Chase has not disclosed the total number of closures expected this year. The bank maintains that it is committed to its branch network, with a spokesperson stating, "We continue to invest in our branch network to deliver experiences and services customers love."
However, the company's branch network peaked in 2013, and the closures this summer mark another wave of branch closures.
Written by urgent.news from Fast Company's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
