Chase Chases California Growth

Chase plans to open 100 new branches and add more than 1,500 jobs in California this year. The new branches will extend Chase’s network to more than 900 bank branches and more than 3,000 ATMs across California.
The total represents nearly half of Chase’s new branch plans in 2011. It also plans to add a total of 525 to 700 branches in California by 2015.

Chase will open about 65 branches in Southern California, including Los Angeles, Ventura, Riverside, San Bernardino, Orange and San Diego counties. About 20 branches in Northern California including San Francisco Bay Area and Sacramento Delta and
about 15 branches in Central California, including Kern, Tulare, Fresno and Madera counties.

“California is one of Chase’s high-priority growth markets, and we plan to invest significantly in the people, facilities and technology needed to serve California consumers and businesses well,” said Pablo Sanchez, head of Chase’s branch network in the Western United States.

By Mark Heschmeyer

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