JPMorgan Chase To Open 500 New Branches Over Three Years, Renovate Existing 1700 Branches

Reuters is reporting that JPMorgan Chase is planning to open 500 new branches over the next three years to serve communities without existing access (or ‘underrepresented areas’. In addition 1,700+ existing branches will receive renovations. Some of the new branches will be located in Boston, Charlotte, the area surrounding Washington D.C., Minneapolis and Philadelphia.