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Banking giant takes a 1st step in state
JPMorgan & Chase unit opens first of five branches in Central Arkansas
by
Noel Oman
|
Today at 1:56 a.m.
New Chase Bank location at 12900 Cenal Parkway in Little Rock.
(Arkansas Democrat-Gazette/Staci Vandagriff)
JPMorgan Chase & Co. is the biggest banking firm in the United States and one of the biggest in the world with $3.7 trillion in assets, but until the past few years lacked the physical footprint on U.S. soil to match its financial heft.
That began to change in 2018 when the bank embarked on a quest to open 400 bank branches in new markets in the United States and become the first American bank to have a presence in every state but Alaska and Hawaii.