JPMorgan to Build Hundreds of Branches in Low-Income Inner Cities and Rural Towns

Oct 2, 2024, 10:23 AM

JPMorgan Chase plans to build hundreds of new branches in low-income communities across the United States, including inner cities and rural towns where banks have been pulling back. According to the Wall Street Journal, the initiative aims to expand financial services in underserved areas, with the new branches featuring teller windows, ATMs, and bankers' offices. This move demonstrates JPMorgan's commitment to promoting financial inclusion.