JPMorgan Chase Bank recently announced plans to advance its growth across Maryland, hoping to open four new branches by the end of the year, which includes new neighborhoods in Anne Arundel, Frederick and Prince George’s counties.
The company said it expects to hire about 40 new bankers, advisers, business relationship managers and branch managers as part of the expansion efforts.
Chase has 53 branches open statewide, and hopes to increase that number to 60 by the end of 2027. In the Baltimore-Columbia-Towson region alone, Chase has 31 branches open.
According to Chase, upcoming new openings include: Severna Park Marketplace – 595 Ritchie Hwy., Severna Park (just opened to customers in July); York Road Plaza – 6336 York Road, Baltimore (September); 10142 Old National Pike, Ijamsville (September); and South Lake, 147 Crain Hwy., Bowie (December).
“Every day, nearly one million customers visit our branches to manage their finances or get advice on how to save, spend and grow their money,” said Jennifer Roberts, CEO of Chase Consumer Banking.
“We are very proud of the role we play to serve these customers while providing opportunities for long-term economic growth through construction, community investments and local hiring.”
For more than a century and a quarter, the company has had a presence in Maryland. Since 2019, the firm committed more than $22 million to philanthropic initiatives in the region, according to a Chase Bank release.
In recent years, Chase has supported various initiatives through investments within the Baltimore region. The firm has aimed to address housing revitalization and community redevelopment; support the local small business community; support training programs and career pathways; and support local business owners and entrepreneurs through the Baltimore Housing Innovation Cohort, Innovation Works, Maryland Philanthropy Network and Baltimore Civic Fund.