JPMorgan Chase to double Community Center branches in low-income neighborhoods, hire 150 staff
By
Ken Sweet
Summary
JPMorgan Chase announced plans to double its "Community Center" branch program, which focuses on serving low- and moderate-income neighborhoods. The expansion includes hiring 150 additional community managers and increasing programming at these locations. Launched in 2019 with a branch in Harlem, the program now has 19 locations nationwide, offering free financial workshops open to everyone regardless of whether they are Chase customers. The bank has hosted 14,000 workshops with over 1 million attendees and aims to reach 5 million attendees through future programming.
Source
bskyJPMorgan Chase to double Community Center branches in low-income neighborhoods, hire 150 staffapnews.comKey quotes
· 3 pulledJPMorgan Chase will significantly expand its national 'Community Center' program, the bank said Thursday, with plans to double the number of these specialized branches the bank operates particularly in low-income neighborhoods.
Along with doubling the number of Community Center branches, the bank plans to hire an additional 150 employees, known as community managers, and provide additional programming at these locations.
The Community Center program focuses on Chase opening branches in low- and moderate-income communities.
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