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Chase opens its first retail bank in state

Banking & Finance
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JPMorgan Chase opened its first South Carolina retail branch in Clemson on Tuesday and announced plans to add up to seven new branches in the Upstate over the next three years.

The bank held a ribbon cutting ceremony at its first branch location at 1075 Tiger Blvd. in Clemson. Chase plans to initially add up to seven branches and 14 ATMs in the next three years in the broader Greenville area and hire up to 50 employees, according to a news release.

Chase will hire staff locally to support its new branches, including bankers, branch managers, business bankers and financial advisors, the release said.

(Photo/Provided)This expansion adds retail and business banking to the Greenville market where the firm already has a commercial bank and private bank. It has been part of the Greenville market since 2015 with a commercial banking office at 40 W. Broad St. The company expanded its commercial banking and business banking teams into Charleston last year, the release said.

Since 2015, Chase Bank has invested in the Upstate SC Alliance to help create the Upstate Global Competitiveness Council and support the organization’s strategy to build an export and foreign direct investment plan to help local businesses compete globally, according to the release. The bank says the investment is to help drive inclusive economic growth.

Last week, Chase opened its first branch in North Carolina in Chapel Hill.

Chase is a subsidiary of JPMorgan Chase & Co.

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