SPRINGFIELD — Chase Bank plans to open its first Springfield branch next year at 1391 Main St. in downtown Springfield. There are plans to add at least three more locations in the Greater Springfield area over the next few years.
The expansion is part of the bank’s recently announced plans to more than double its presence in Massachusetts by 2025. The firm opened its first Massachusetts branch in Boston in 2018 and now has 36 statewide. Beyond Springfield, Chase will open its first branch in Worcester next month.
“Springfield is a great city with a rich economic, cultural, and educational environment, which makes it an ideal place for Chase to grow,” said Ali Zaidi, Chase’s market director for Springfield and Worcester. “Our goal is to help the community and support our customers during their most important moments.”
Roxann Cooke, regional director for Chase in New England, added that, “when Chase enters a community, we bring the resources of a global institution with a focus on local solutions. In addition to going above and beyond to serve our customers, we are going to engage and collaborate with our neighbors to create more equitable economic growth here in Springfield.”
This first branch will be about 3,000 square feet in size and feature modern, bright designs with comfortable meeting areas and state-of-the-art banking technology. A dedicated Chase Private Client team will provide premium banking services, personalized attention, and access to the expertise and investment capabilities of J.P. Morgan to help families reach their goals. Customers may also meet with financial and home-lending advisors and business-banking relationship managers.
“Branches are critically important to our customers, but our mission goes beyond service and convenience,” said Jennifer Piepszak, co-CEO of Chase Consumer & Community Banking for JPMorgan Chase. “We’re hiring locally, investing in the community, and bringing all the benefits our firm has to offer to drive economic growth.”