Chase - Nevada`s New 200-Year-Old Bank - Adds Glowing Octagon to Las Vegas Lights

Mon Nov 2, 2009 12:05pm EST
 
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Bank refurbishes, rebrands and converts systems at former WaMu branches
LAS VEGAS--(Business Wire)--
Chase - Nevada`s new 200-year-old bank - today unveiled its bright blue octagon
logo and trusted name on 39 bank branches and 108 ATMs in Nevada, reaching more
than 750,000 consumers and businesses formerly served by WaMu. 

"Chase`s nearly 500 branch and support employees in Nevada are focused on
helping families manage their money and achieve their financial goals," said
Pablo Sanchez, head of Chase`s bank branches in the Western region. 

"Customers in Nevada have turned to Chase for credit cards and mortgages, and
now they will get to know us as the bank in their neighborhood," Sanchez said.
"We will expand our services to customers by continuing to invest in our
employees, our products, our branches and our communities. We work hard to
support our neighbors and our neighborhoods." 

Nevada`s customers shifted to Chase`s computer systems as part of last month`s
four-state conversion of 11.6 million accounts with $63.6 billion in deposits
and 1.2 million loans with $62 billion in balances. It was the last of three
conversions to bring all former WaMu branches onto Chase`s computer systems -
and under the Chase brand. 

Now, customers can conduct their banking at any of 5,126 Chase branches and
15,000 Chase ATMs in 23 states. Branch bankers can help customers with checking
accounts and debit cards, credit cards, home loans, investments, and small
business banking. 

JPMorgan Chase acquired the banking operations of Washington Mutual from the
Federal Deposit Insurance Corporation in September, 2008. 

About Chase

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm
with assets of $2 trillion and operations in more than 60 countries. The firm is
a leader in investment banking, financial services for consumers, small business
and commercial banking, financial transaction processing, asset management and
private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase
& Co. serves millions of consumers in the United States and many of the world`s
most prominent corporate, institutional and government clients under its J.P.
Morgan and Chase brands. Information is available at www.chase.com.

Chase
Media contact:
Gary Kishner, (818) 775-3670
gary.kishner@chase.com

Copyright Business Wire 2009

 

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