Chase Bank Is Opening 68 Branches (Are You Getting One?)

JP Morgan Chase plans to open 350 new bank branches over the next two years, according to Marianne Lake, CEO of consumer and community banking. Fourteen of those new locations will be unveiled with a new format as Financial Centers, intended to cater to affluent families with seven-digit bank balances. This Private Client service will assign a single banker to manage finances for these wealthy members in a concierge-like setting.

You don't have to be a millionaire to check up on your financial health, though, so see what areas will be getting a new Chase banking location this year, and if it will be one of the new Financial Centers.

• Montgomery
• Mobile
• Dothan
• Daphne
• Decatur
• Florence
• Muscle Shoals
• Fairhope
• Foley
• Mountain Brook
• Huntsville
• Lane Parke

JP Morgan Chase plans to add 24 new branches in Alabama by 2030, which would triple the current footprint of 11 locations throughout the state. This expansion would also add approximately 170 jobs to the state economy. The current projected new locations are pending regulatory approval, but will likely be the first of the new locations to arrive in the state.

• Napa (Financial Center)
• San Francisco: Financial District (Financial Center)

As the West Coast counterpart to New York's financial wealth, California serves as one of the primary focuses for the new Chase Financial Centers that are designed to cater to affluent clientele.

• Old Saybrook
• Torrington
• Cheshire

Connecticut has seen hundreds of bank branch closings in the past few years, but Chase marks an exception. It was the only bank to open locations last year in the state, and rolled out into areas that previously didn't have Chase branches.

• St. Johns
• East Arlington
• St. Augustine
• Yulee
• Fernandina Beach
• Jacksonville
• Palm Beach (Financial Center)

Last year, Chase announced that it would be opening 10 more branches in the northern region of Florida over the next three years, with at least two planned for St. Johns.

• Augusta
• Aiken

Georgia currently has 115 branch locations for Chase Bank and employs more than 2,000 people throughout the state. The financial institution has been growing its presence there since 2008.

• Arlington Heights
• Palatine

The new Palatine location features a unique design that uses a timber frame construction instead of steel, and will have solar panels as part of the roof installation. There are also additional plans for elements that will allow stormwater to pass through underground vaults, making the building more environmentally friendly.

• Waukee
• Ames
• Iowa City
• Cedar Rapids
• Waterloo
• Sioux City

JP Morgan Chase plans to open 25 new branches in Iowa by 2030, and they started with Waukee. The bank has also brought in a Community Manager to help extend financial literacy to underserved areas.

• East Baton Rouge

Chase Bank has recently purchased a 1.02-acre site on Creek Centre Boulevard, near Burbank Drive, and the Planning Commission has unanimously approved plans for a new branch with a drive-through structure.

• Aspen Hill

The newest location in Montgomery County has recently opened to customers and was previously a Boston Market, which closed late in 2023. This branch is staffed with bankers who collectively speak English, Spanish, Khmer, Japanese, Bengali, and Amharic.

• Rowley
• Cambridge (Financial Center)

Plans for the new Chase bank branch in Rowley continue apace, and indicate the banking giant is aiming for an energy net-zero building that will produce as much energy as it consumes.

They are also using carbon-neutral materials for construction and indigenous species for landscaping, creating an ecologically sensitive building that aims to have minimal environmental impact.

• Portage

Construction began on a new Chase branch in Portage last month, turning a former parking lot into a second Chase location for Portage.

• Rochester

Chase Bank has a significant footprint in Minnesota, but this will be its first in Rochester. There is no timeline yet, but Chase has promised to share more information as plans are confirmed and approved.

• Cape May Court House

A new location in Cape May Court House opened last month. The new branch is aiming to emphasize a more consultative approach to banking.

• NYC: Madison Ave. (Financial Center)
• Scarsdale: Popham Rd. (Financial Center)
• NYC: Columbus Circle (Financial Center)

New York is a main starting focus for Chase's new Financial Centers, as the city features a high concentration of wealth for which the new centers are designed to manage with concierge-like service. Four of the five new centers planned in the state will be in Manhattan.

• Asheboro
• Wilmington

The Wild Wing Cafe site in Landfall Shopping Center is set to become a new Chase Bank location, according to a site application earlier this year. This would be the first Wilmington area branch, but details are sparse as they are still seeking regulatory approval.

• Youngstown

Last year, the Youngstown Chase branch was destroyed in an explosion, and the financial institution is now planning a new location across the street from the previous location. The Stambaugh Building will soon have illuminated signage marking the area for Chase.

• Bucks County
• Harrisburg
• Hampden Township

In spring, Chase received regulatory approval to open three new locations in Bucks County, and the new Chase near the state capitol is already underway. The new construction is part of a mixed-use park that will include both residential and business buildings.

• Myrtle Beach (Grande Dunes)
• Summerville
• Knightsville
• Bluffton
• Boiling Springs
• Columbia
• Irmo
• Lexington
• Spartanburg

There is not yet an expected date for opening, but this will be the first Chase location in the Myrtle Beach area. Currently, customers must go to Charleston or Columbia for in-person transactions.

• Farragut
• Maryville
• Knoxville
• Oak Ridge

Chase has recently expanded in Nashville and Memphis, and plans to continue with five or six more branches in eastern Tennessee by the end of 2026.

• Boerne
• Lemon Creek Ranch

A former Shell gas station is set to be the newest Chase Bank in Boerne. However, it is still undergoing approval and permitting.

• Annandale
• Alexandria

Annandale saw a new Chase opening in May, and Alexandria will see one in late summer.

JP Morgan Chase is going hard on bank branch location expansion, but there are closures, too. The first half of the year saw 23 branch locations shut down, and 11 more have been announced to follow later this year. However, that doesn't compare to the 350 new locations planned through 2027.

Despite the challenging economy, the financial institution believes that more locations will provide easy access, prompting consumers to make money moves and open a new bank account with them.