JPMorgan Chase Bank N.A.
Bank Information
| Bank Name |
JPMorgan Chase Bank N.A. |
| Bank Short Name |
JPMC |
| Bank Type |
Member Bank |
| Operating Country |
USA |
| Number of Domestic Branches |
3,000+ |
| Number of non-domestic Branches |
Operations in over 50 countries |
| Euro |
Member of TARGET & EBA |
Registered Address
JPMorgan Chase Bank N.A
270 Park Avenue
New York City
New York
10017-2014
Description
JPMorgan Chase is one of the largest cash management providers in the United States and a leader in almost every major cash management product category. We offer clients around the world access to a full range of solutions in the United States – cash management, investments, liquidity, commercial card, leasing, credit, workplace and personal financial solutions. As a founding and board member of The Clearing House (formerly SVPCO), we are one of the first banks to exchange images of items electronically. We have invested more than $100 million in image check technology to enhance our image infrastructure and deployed check scanners at more than 1,800 U.S. branches.
Clients in the United States and around the world look to JPMorgan Chase for a unique combination of competitive pricing, cutting edge services and industry leadership. This leadership is recognized through our industry awards: Best Information Security Initiatives (among World's Best Internet Banks in North America) – Global Finance; Most Innovative Trade Services Bank, Global Trade Review; and, #1 in ACH Credit Originations, ACH Debit Originations, Pre-encoded Check Clearing (Corporate Volume), CHIPS, Fedwire, Book Tranfers & Same-Day Transfers.
(Ernst & Young - 2006 Cash Management Services Survey).
Contact Information
website: www.jpmorganchase.com
Profile
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $1.3 trillion and operations in more than 50 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset and wealth management, and private equity.
Under the JPMorgan and Chase brands, the firm serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients. The firm’s expansive U.S. market presence consists of more than 2,900 branches in 17 states, providing clients with convenient local and electronic access to a full range of services and support.
Market Position
JPMorgan Chase is 3rd largest U.S. financial institution and the leading bank for commercial banking in its 17-state footprint.
Rating
JPMorgan Chase & Co – senior debt
Standard & Poors A+
Moody’s Aa3
Fitch A+
Membership of Clearings
Clearing name Type
CHIPS Real-time final settlement (on a netted basis); #1 market share
ACH Batch, two-day settlement # 1 market share; #1 U.S. originator
FedWire Real-time gross settlement; #1 market share
TARGET / 2 RTGS; # 1 non-indigenous euro clearer
EBA Net settlement; full member
Euro
Member of TARGET & EBA