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Chase comes to Florida


WEBWIRE

233 former WaMu branches are now Chase

MIAMI - Chase unveiled its iconic octagon on 233 bank branches and more than 440 ATMs in Florida today, following a $92 million investment in upgrading and remodeling.

That brings the Chase network in Florida to 239 branches and 1,025 ATMs. Chase also successfully upgraded products and technology to link former Washington Mutual branches in Florida and six other states to Chase branches, giving customers full service at any of 4,200 Chase branches in 21 states.

“We welcome these customers officially to Chase, even though we have been serving them since September,” said George Acevedo, head of Retail banking for Chase in South Florida. “We look forward to helping them manage their money and deepening our relationships with our customers and the community.”

JPMorgan Chase acquired the banking operations of Washington Mutual from the Federal Deposit Insurance Corporation in September 2008.

In July, more than 2.5 million Florida accounts-and $10.5 billion in deposits-moved smoothly onto the Chase computer systems. By the end of the year, 25 million checking account customers will have full access at any of more than 5,100 Chase branches and 14,000 Chase ATMs across the country.

About Chase

Chase is the U.S. consumer and commercial banking brand of JPMorgan Chase & Co. (NYSE: JPM), which operates more than 5,100 branches and 14,000 ATMs nationally under the Chase and WaMu brands. Chase has about 152 million credit cards issued and serves consumers and small businesses through bank branches, ATMs and mortgage offices as well as through relationships with auto dealerships and schools and universities. It also serves 26,000 commercial banking clients, including corporations, municipalities, financial institutions and not-for-profit entities. More information about Chase is available at www.chase.com.



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