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Chase branches in the contiguous U.S. in 2020. The company also operates in Hawaii (not shown on the map).. JPMorgan Chase Bank, N.A., doing business as Chase, is an American national bank headquartered in New York City that constitutes the consumer and commercial banking subsidiary of the U.S. multinational banking and financial services holding company, JPMorgan Chase.
The McCoy Center [2] is an office building located in Columbus, Ohio.The building was acquired by JPMorgan Chase & Co. with its 2004 merger with Bank One Corporation.Formally known as the Corporate Center Columbus (or more often and colloquially "Polaris"), the building was renamed after the merger to honor the McCoy family, who led the Columbus-based Bank One for three generations.
An office of the Equitable Eastern Banking Corporation (one of J.P. Morgan's predecessors) opened a branch in China in 1921 and Chase National Bank was established there in 1923. [37] The bank has operated in Saudi Arabia [38] and India [39] since the 1930s. Chase Manhattan Bank opened an office in South Korea in 1967. [40]
George Fisher Baker became president of the bank after the Thompsons left the bank in the hands of Harris C. Fahnestock, a former partner of railroad financier Jay Cooke in the banking firm of Jay Cooke & Company, in 1877. [8] Thompson also founded Chase National Bank of the City of New York in 1877 (a predecessor to today's JPMorgan Chase Bank).
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In 1997, Chase Paymentech was created as a joint venture between Chase Merchant Services and First Data Corporation (FDC). That year, First USA was acquired by Bank One. [ 2 ] [ 3 ] In 2001, Paymentech completed the largest retail merchant conversion and launched its Orbital Gateway.
The bank paid $5 million in reparations in the form of a scholarship program for Black students. [15] [16] [17] J.P. Morgan, the company itself, is still active as the business and investment banking subsidiary of JPMorgan Chase; Chase Manhattan Bank is still active as the personal banking subsidiary of the company.
The First Banc Group, Inc. was formed in 1968 as a holding company for City National Bank and was used as a vehicle to acquire other banks. As Ohio began to gradually relax its very restrictive Great Depression era banking laws that had severely restricted bank branching and ownership, City National Bank, through its First Banc Group parent, started to purchase banks outside of its home county.
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