Chase Bank
The current logo, in use since 2005 | |
| Chase Bank | |
| Company type | Subsidiary |
| Industry | Banking |
| Predecessor | The Manhattan Company |
| Founded | September 1, 1799 |
| Founder | John Thompson |
| Headquarters | , U.S. |
Number of locations | 5,000 branches 15,000 ATMs nationwide 100 countries[1] |
Area served | United States |
Key people | Jamie Dimon (chairman and CEO) |
| Products | Financial services |
| Services | Retail Financial Services Card Services Commercial Banking |
| Revenue | US$124.54 billion (2022) |
| US$42.12 billion (2022) | |
| Total assets | US$4 trillion (2022) |
Number of employees | 250,355 (2022) |
| Parent | JPMorgan Chase |
| Website | chase.com |
| Footnotes / references [2] | |
JPMorgan Chase Bank, N.A., doing business as Chase, is an American national bank headquartered in New York City that constitutes the consumer and commercial banking subsidiary of the American multinational banking and financial services holding company, JPMorgan Chase. The bank was known as Chase Manhattan Bank until it merged with J.P. Morgan & Co. in 2000.[3] Chase Manhattan Bank was formed by the merger of the Chase National Bank and the Manhattan Company in 1955.[4] The bank merged with Chemical Bank New York in 1996 and later merged with Bank One Corporation in 2004[5] and in 2008 acquired the deposits and most assets of Washington Mutual. In May 2023, it acquired the assets of First Republic Bank.
Chase offers more than 5,000 branches and 15,000 ATMs nationwide and has 18.5 million checking accounts and 25 million debit card users as of 2023.[1] JPMorgan Chase & Co. has 250,355 employees (as of 2016) and operates in more than 100 countries. JPMorgan Chase & Co. had assets of $3.31 trillion in 2022 which makes it the largest bank in the United States[6] as well as the bank with the most branches in the United States[7] and the only bank with a presence in all of the contiguous United States.[8] JPMorgan Chase, through its Chase subsidiary, is one of the Big Four banks of the United States.[9][10]
- ^ a b "About Chase Bank". Chase.com. Retrieved December 15, 2020.
- ^ "Financial Highlights" (PDF). Jpmorganchase.com. Archived from the original (PDF) on April 12, 2019. Retrieved March 1, 2022.
- ^ The History of JPMorgan Chase & Co (PDF). JPMorgan Chase & Co. 2008. Archived from the original (PDF) on September 27, 2011. Retrieved October 14, 2011.
- ^ "J.P. Morgan Chase & Co". International Directory of Company Histories. St. James Press. 2001. Retrieved November 4, 2007.
- ^ "History of Our Firm". JPMorgan Chase & Co. Retrieved October 14, 2011.
- ^ Goldberg, Matthew. "These Are The 15 Largest Banks In The U.S." Bankrate. Retrieved July 9, 2022.
- ^ Goldberg, Matthew. "The Most Popular Bank In Each State For 2022". Bankrate. Retrieved July 9, 2022.
- ^ "NOTEBOOK: Chase's first Iowa branch part of bank's new 48-state retail footprint". Business Record. September 2021. Retrieved July 9, 2022.
- ^ Tully, Shawn (February 27, 2009). "Will the banks survive?". Fortune Magazine/CNN Money. Retrieved December 17, 2009.
- ^ "Citigroup posts 4th straight loss; Merrill loss widens". USA Today. Associated Press. October 16, 2008. Retrieved December 17, 2009.