Chase Bank

National bank headquartered in New York City

Follow Chase Bank on Notably News to receive short updates to your email — rarely!

2024 Chase Bank experienced a significant ATM system glitch that enabled users to withdraw money using fraudulent checks, resulting in a potential check kiting fraud incident.
May 2023 Chase acquired the assets of First Republic Bank, continuing its strategy of strategic acquisitions.
2022 The U.S. government filed a lawsuit against JP Morgan Chase Bank, accusing the bank of facilitating, sustaining, and concealing Jeffrey Epstein's human trafficking network.
September 2021 JPMorgan Chase launched its first international retail banking operation by introducing an app-based current account and deposit account in the United Kingdom under the Chase brand, marking the company's first retail banking expansion outside of the United States.
August 2021 Chase announced it became the first bank to have a retail presence in all 48 contiguous United States, with its first branch in Montana located in Billings.
2020 Chase CEO Jamie Dimon commits to $600 million in new mortgages for Black homeowners and new homeowners in Chicago neighborhoods during a video address at a branch reopening in South Shore.
June 2020 Protests occurred at Chicago Chase branches in response to the unequal lending practices report, highlighting racial disparities in mortgage lending.
2019 Chase faced criticism for allegedly targeting personal accounts of online personalities like Martina Markota and Enrique Tarrio (Proud Boys chairman), with speculation that the account closures were politically motivated.
2019 Chase began expanding its retail branch presence in Pittsburgh and Western Pennsylvania, entering the market organically and receiving approval from the Office of the Comptroller of the Currency.
October 2019 A study revealed that Chase Bank invested $75 billion in fossil fuels, more than any other bank, sparking significant criticism and environmental protests over its fossil fuel industry investments.
2018 Completion of the home purchase lending analysis showing JP Morgan Chase loaned 41 times more in Chicago's white neighborhoods compared to black neighborhoods.
2014 Chase continued targeting and closing accounts of legal sex workers and other businesses deemed 'morally questionable', including medical marijuana dispensaries and gun-related businesses.
2013 Chase began cancelling personal and business accounts of legal sex workers, citing a 'morality clause' in account agreements. This practice extended to mortgage accounts and business loans.
2012 City Bureau and WBEZ Chicago begin analysis of home purchases in Chicago, revealing significant disparities in lending practices between white and black neighborhoods by JP Morgan Chase.

This contents of the box above is based on material from the Wikipedia article Chase Bank, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.

See Also