LOS ANGELES, Jul 28, 2010 (BUSINESS WIRE) -- Chase announced today it will open new full-service bank branches in 22 Albertsons stores in Southern and Central California this year. The first branches are now open in Kern, San Diego, Riverside, Orange and Los Angeles Counties as Chase expands to more than 800 branches in the state by yearend.

"These new locations reaffirm our commitment to make Chase even more convenient for our customers, especially when they can get their shopping and banking done in one stop," said Pablo Sanchez, Chase's region executive. "It's exciting to partner with Albertsons, which have earned the business of so many consumers."

Branch bankers will offer customers a full range of services from checking and savings accounts to mortgages, business loans and investments from 9 a.m. to 7 p.m. weekdays and 9 a.m. to 4 p.m. Saturdays. Each participating Albertsons branch also will include a Chase ATM to provide additional hours of service.

Chase to hire 200 employees

Chase plans to hire about 200 employees to provide personal banking, loans and financial advice to customers of the 22 new branches in Los Angeles, San Diego, Riverside, San Bernardino, Ventura and Kern counties.

Chase serves customers through 330 supermarket branches in Arizona, Colorado, Louisiana, Idaho, Illinois, Oregon, Texas and Washington.

About Chase

Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE:JPM) , which operates more than 5,100 branches and 15,000 ATMs nationally under the Chase brand -- including 740 branches and 2,800 ATMs in California. Chase serves consumers and small businesses through bank branches, ATMs, and telephone, online and mobile banking and as well as through relationships with auto dealerships and schools and universities. More information about Chase is available at www.chase.com.

SOURCE: Chase

Chase 
Media Contact: 
Gary Kishner 
818-775-3670 / Gary.Kishner@chase.com

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