Chase to Add 12 Bank Branches in Washington

Chase announced today that it will continue its investment in Washington, adding convenience for its customers throughout the state with the opening of 12 new branches and adding more than 100 jobs. The branches, which will open by the end of 2011, will extend Chase’s network to more than 250 branches and over 365 ATMs throughout the state.

“We continue to expand both our branch locations and our branch staff to serve our customers in Washington,” said Western Washington Market Manager, Jeff Shular. “The addition of new branches will create many jobs, including construction workers to build the branches, vendors to provide services to Chase, and most importantly, branch employees to help our customer’s with their financial needs.”

The addition of 12 new branches complements the many ways customers can bank with Chase. Chase provides branch banking services, online and mobile banking, investments, credit cards, mortgages and other loans to over 2.5 million consumers and small businesses in Washington.

Fast facts about JPMorgan Chase in Washington:

• Employees over 2,800 people
• JPMorgan Chase Foundation donated more than $11.4 million to Washington nonprofit organizations in 2010
• Increased small business lending in 2010 by 126% over the bank’s 2009 lending to Washington businesses with annual revenues of less than $20 million
• Recently announced the upcoming opening of two additional Chase Homeownership Centers (CHOC) – an opportunity for families struggling with mortgage payment to meet face-to-face with mortgage counselors. This brings the state’s total to three CHOCs.

About Chase

Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with assets of $2.2 trillion and operations in more than 60 countries. Chase serves consumers and small businesses through 5,200 bank branches, 16,200 ATMs, mortgage offices, and online and mobile banking as well as through relationships with auto dealerships and schools and universities. Chase also has issued more than 90 million credit cards. More information about Chase is available at www.chase.com