JP Morgan Chase has opened five new full-service bank branches in Stater Bros Supermarkets in California, as part of its plans to open 13 branches by this mid-year.
In addition, bank plans to hire about 100 employees to provide personal banking, lending and financial advising services to customers of the 13 branches. Moreover, the newly planned branches will bring the total number of branches in California to more than 730.
The first five branches are located in Lake Elsinore, Chino Hills, Winchester, San Jacinto and Fontana, and they offer a full-range of banking services, from checking accounts to mortgages and investment services including ATM services.
Pablo Sanchez, region executive of Chase, said: “The 13 new locations are part of Chase’s strategy and commitment to significantly grow its branch network in California and will make Chase even more convenient for our customers, who will be able to get a lot accomplished in one stop. It’s exciting to partner with Stater Bros Markets, a California business that has earned the loyalty of its customers.”
Jack Brown, chairman and CEO of Stater Bros Markets, said: “We’re pleased to partner with Chase to provide more services and convenience to our valued customers. Our customers will definitely benefit from the added convenience of shopping for groceries and handling their banking needs all at one location.”