
New Chicago financial center combines everyday banking with planning, lending and investment guidance – expanding access to financial expertise at every stage


JPMorganChase celebrated the grand opening of its new

New Chicago financial center combines everyday banking with planning, lending and investment guidance – expanding access to financial expertise at every stage


JPMorganChase celebrated the grand opening of its new two-story location on Chicago’s Magnificent Mile, combining a modern Chase branch and Chicago’s first co-located J.P. Morgan Financial Center in a single location. Located at 830 N. Michigan Avenue at Pearson St., across the street from historic Water Tower, the 11,765 square foot location offers clients convenient everyday banking alongside personalized financial planning, lending and investment guidance.


The new flagship builds on JPMorganChase’s longstanding commitment to Chicago, where the firm operates 265 branches, serves more than 4.3 million consumer customers and 400,000 small business customers across Chicagoland and employs more than 14,000 people locally. Located on one of America’s most iconic corridors of commerce, culture and community, the new location reflects the firm’s continued investment in expanding access to banking, advice and wealth management to support clients across the full spectrum of financial needs as their goals and circumstances evolve.


"One of Chase’s greatest strengths is supporting clients at every stage of their financial journey," said Tom Horne, Head of Consumer Branch Banking. "This new co-location on Chicago’s iconic Magnificent Mile brings together everyday banking and personalized financial guidance, making it easier to access the expertise they need – whether they’re opening their first checking account, buying a home, growing a business, building wealth, or planning a legacy."


A History of Serving Chicago’s Banking Needs


The new Michigan Avenue Financial Center reinforces JPMorganChase’s longstanding presence in the heart of Chicago’s retail district, where Chase, as the leading retail bank, has served Chicagoans and visitors for decades. Designed as a seamless, two-level experience, the flagship features a state-of-the-art Chase branch on the ground floor, along with a premium, private setting upstairs through the J.P. Morgan Financial Center.


The Financial Center is designed for affluent clients—particularly those with $1 million to $5 million in investable assets—through the J.P. Morgan Private Client program, offering personalized planning, investment management, and lending expertise.


"As clients’ financial lives become more complex, they want advice that’s connected—not fragmented," said Steve Goodman, Head of Private Client Banking. "This flagship branch combines banking, lending and investing in one location, creating a seamless experience—backed by the full strength of JPMorganChase—and helps clients pursue their long-term financial goals with confidence."


Making Banking More Accessible Through Branch Expansion/Renovations


JPMorganChase’s new Magnificent Mile co-location is part of the firm’s broader effort to expand access to financial services and personalized advice across the country.


In the month of July, Chase opened 11 branches nationwide (77 since January) and renovated 38 branches (218 since January). The firm is on track to open more than 160 new branches and renovate nearly 600 locations in 2026.


The following locations opened throughout July 2026

<ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistdisc">
<li xmlns="http://www.w3.org/1999/xhtml">
Alabama
<ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistcircle">
<li xmlns="http://www.w3.org/1999/xhtml">
Foley — 2400 S Mckenzie St

</li>
</ul>

</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Delaware
<ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistcircle">
<li xmlns="http://www.w3.org/1999/xhtml">
Middletown — 400 Ernst Way (Bayberry Town Center)

</li>
</ul>

</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Florida
<ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistcircle">
<li xmlns="http://www.w3.org/1999/xhtml">
Bonita Springs — 12851 Bonita Beach Rd SE (Midtown at Bonita)

</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Saint Johns — 604 County Road 210 W (Beachwalk)

</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Apollo Beach — 5565 N US Highway 41

</li>
</ul>

</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Kansas
<ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistcircle">
<li xmlns="http://www.w3.org/1999/xhtml">
Wichita — 8003 E Kellogg Dr (Kellogg and Rock)

</li>
</ul>

</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Kentucky
<ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistcircle">
<li xmlns="http://www.w3.org/1999/xhtml">
Cold Spring — 1046 Magnolia Ln

</li>
</ul>

</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Massachusetts
<ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistcircle">
<li xmlns="http://www.w3.org/1999/xhtml">
Medway — 108 Main St (Medway Main Street)

</li>
</ul>

</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Mississippi
<ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistcircle">
<li xmlns="http://www.w3.org/1999/xhtml">
Columbus — 1908 Highway 45 N Ste 1 (Columbus Arrington Park)

</li>
</ul>

</li>
<li xmlns="http://www.w3.org/1999/xhtml">
North Carolina
<ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistcircle">
<li xmlns="http://www.w3.org/1999/xhtml">
Cary — 1020 N Harrison Ave (Harrison Point)

</li>
</ul>

</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Tennessee
<ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistcircle">
<li xmlns="http://www.w3.org/1999/xhtml">
Lebanon — 445 Highway 109 N (Hickory Ridge)

</li>
</ul>

</li>
</ul>
About Chase


Chase is the U.S. consumer and commercial banking business of JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/JPM">JPM</a>), a leading financial services firm based in the United States of America with operations worldwide, assets of $5 trillion and $375 billion in stockholders’ equity as of June 30, 2026. Chase serves more than 87 million consumers and 7.5 million small businesses with a broad range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. Customers can choose how and where they want to bank: 5,100 branches in 48 states and the District of Columbia, 14,500 ATMs, mobile, online and by phone. For more information, go to <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.chase.com%2F&amp;esheet=54589658&amp;newsitemid=20260817375559&amp;lan=en-US&amp;anchor=chase.com&amp;index=1&amp;md5=9f96d324c1d563bd359636402a3a3878" shape="rect">chase.com</a>.

<img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260817375559r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img>View source version on businesswire.com: <a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260817375559/en/" rel="nofollow">https://www.businesswire.com/news/home/20260817375559/en/</a>
Media Contacts 
 Daniel Castorina - <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:daniel.castorina@chase.com" shape="rect">daniel.castorina@chase.com 
</a> Brian Hanover - <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:brian.s.hanover@chase.com" shape="rect">brian.s.hanover@chase.com</a>

JPMorganChase Opens New Two-Story Magnificent Mile Flagship, Bringing Chase, JPMorgan Private Client Together Under One Roof

JPMorgan Opens Magnificent Mile Financial Center, Accelerating Chicago Branch Expansion

<section class="insight" data-version="1">
 <section data-block="information">
 <h3>Information</h3>
 New Chicago financial center combines everyday banking with planning, lending and investment guidance – expanding access to financial expertise at every stage


JPMorganChase celebrated the grand opening of its new
 </section>

 <section data-block="ai-summary-paragraph">
 <h3>AI Summary</h3>
 JPMorgan Chase debuted a two-story Magnificent Mile flagship that co-locates a Chase branch with the J.P. Morgan Financial Center, offering integrated banking and wealth guidance. The expansion underscores a nationwide branch push and emphasis on affluent clients, with potential for higher deposits and cross-sell of planning and investment services, supporting fee-based revenue growth over time.
 </section>

 <section data-block="ai-summary-bullets">
 <h3>Key Points</h3>
 <ul><li>JPMorgan opens two-story Magnificent Mile flagship; co-locates Chase with J.P. Morgan Private Client.</li><li>Flagship blends everyday banking with planning and investment guidance for affluent clients.</li><li>July 2026: Chase opened 11 branches; 77 since January; targets 160+ openings in 2026.</li><li>Chicago footprint: 265 branches, 4.3M consumer customers, 400k small-business customers, 14k employees.</li></ul>
 </section>

 <section data-block="companies-mentioned">
 <h3>Companies Mentioned</h3>
 <ul><li>JPMorgan Chase &amp; Co. (JPM): Primary beneficiary of the expanded Chicago flagship; cross-sell opportunities across banking and wealth management.</li><li>Chase (JPM): Brand for consumer/commercial banking; enables broader deposit growth and access to services.</li><li>J.P. Morgan Private Client (JPM): Targeted private wealth program for $1M-$5M assets; potential incremental fee revenue.</li></ul>
 </section>

 <section data-block="category">
 <h3>Corporate Developments</h3>
 Category: Corporate Developments. The article outlines a flagship integration and nationwide branch expansion, signaling JPM&#039;s strategy to blend everyday banking with wealth advice to deepen client relationships and grow fee-based revenue.
 </section>

 <section data-block="market-moving">
 <h3>Market-Moving</h3>
 <ul><li>July 2026: Chase opened 11 branches; 77 since January.</li><li>Targets: more than 160 new branches and ~600 renovations in 2026.</li><li>Private Client focus on $1M-$5M assets supports fee revenue growth.</li><li>Strong Chicago footprint (265 branches) supports deposits and cross-sell opportunities.</li></ul>
 </section>

 <section data-block="key-facts">
 <h3>Key Facts</h3>
 <ul><li>New Michigan Avenue Financial Center at 830 N. Michigan Ave, 11,765 square feet.</li><li>Location across Water Tower on Magnificent Mile.</li><li>Chase serves 4.3M consumers and 400k small-business customers in Chicagoland; 14k local employees.</li><li>As of June 30, 2026: assets $5 trillion; stockholders’ equity $375 billion.</li><li>July 2026 openings/renovations: 11 openings; 77 YTD; 38 renovations; 218 YTD.</li></ul>
 </section>

 <section data-block="trading-thesis">
 <h3>Trading Thesis</h3>
 Near-term upside if branch expansion boosts deposits and fee revenue; watch cross-sell traction in 12-18 months.
 </section>
</section>



New Chicago financial center combines everyday banking with planning, lending and investment guidance – expanding access to financial expertise at every stage


JPMorganChase celebrated the grand opening of its new two-story location on Chicago’s Magnificent Mile, combining a modern Chase branch and Chicago’s first co-located J.P. Morgan Financial Center in a single location. Located at 830 N. Michigan Avenue at Pearson St., across the street from historic Water Tower, the 11,765 square foot location offers clients convenient everyday banking alongside personalized financial planning, lending and investment guidance.


The new flagship builds on JPMorganChase’s longstanding commitment to Chicago, where the firm operates 265 branches, serves more than 4.3 million consumer customers and 400,000 small business customers across Chicagoland and employs more than 14,000 people locally. Located on one of America’s most iconic corridors of commerce, culture and community, the new location reflects the firm’s continued investment in expanding access to banking, advice and wealth management to support clients across the full spectrum of financial needs as their goals and circumstances evolve.


"One of Chase’s greatest strengths is supporting clients at every stage of their financial journey," said Tom Horne, Head of Consumer Branch Banking. "This new co-location on Chicago’s iconic Magnificent Mile brings together everyday banking and personalized financial guidance, making it easier to access the expertise they need – whether they’re opening their first checking account, buying a home, growing a business, building wealth, or planning a legacy."


A History of Serving Chicago’s Banking Needs


The new Michigan Avenue Financial Center reinforces JPMorganChase’s longstanding presence in the heart of Chicago’s retail district, where Chase, as the leading retail bank, has served Chicagoans and visitors for decades. Designed as a seamless, two-level experience, the flagship features a state-of-the-art Chase branch on the ground floor, along with a premium, private setting upstairs through the J.P. Morgan Financial Center.


The Financial Center is designed for affluent clients—particularly those with $1 million to $5 million in investable assets—through the J.P. Morgan Private Client program, offering personalized planning, investment management, and lending expertise.


"As clients’ financial lives become more complex, they want advice that’s connected—not fragmented," said Steve Goodman, Head of Private Client Banking. "This flagship branch combines banking, lending and investing in one location, creating a seamless experience—backed by the full strength of JPMorganChase—and helps clients pursue their long-term financial goals with confidence."


Making Banking More Accessible Through Branch Expansion/Renovations


JPMorganChase’s new Magnificent Mile co-location is part of the firm’s broader effort to expand access to financial services and personalized advice across the country.


In the month of July, Chase opened 11 branches nationwide (77 since January) and renovated 38 branches (218 since January). The firm is on track to open more than 160 new branches and renovate nearly 600 locations in 2026.


The following locations opened throughout July 2026

<ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistdisc">
<li xmlns="http://www.w3.org/1999/xhtml">
Alabama
<ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistcircle">
<li xmlns="http://www.w3.org/1999/xhtml">
Foley — 2400 S Mckenzie St

</li>
</ul>

</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Delaware
<ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistcircle">
<li xmlns="http://www.w3.org/1999/xhtml">
Middletown — 400 Ernst Way (Bayberry Town Center)

</li>
</ul>

</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Florida
<ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistcircle">
<li xmlns="http://www.w3.org/1999/xhtml">
Bonita Springs — 12851 Bonita Beach Rd SE (Midtown at Bonita)

</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Saint Johns — 604 County Road 210 W (Beachwalk)

</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Apollo Beach — 5565 N US Highway 41

</li>
</ul>

</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Kansas
<ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistcircle">
<li xmlns="http://www.w3.org/1999/xhtml">
Wichita — 8003 E Kellogg Dr (Kellogg and Rock)

</li>
</ul>

</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Kentucky
<ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistcircle">
<li xmlns="http://www.w3.org/1999/xhtml">
Cold Spring — 1046 Magnolia Ln

</li>
</ul>

</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Massachusetts
<ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistcircle">
<li xmlns="http://www.w3.org/1999/xhtml">
Medway — 108 Main St (Medway Main Street)

</li>
</ul>

</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Mississippi
<ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistcircle">
<li xmlns="http://www.w3.org/1999/xhtml">
Columbus — 1908 Highway 45 N Ste 1 (Columbus Arrington Park)

</li>
</ul>

</li>
<li xmlns="http://www.w3.org/1999/xhtml">
North Carolina
<ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistcircle">
<li xmlns="http://www.w3.org/1999/xhtml">
Cary — 1020 N Harrison Ave (Harrison Point)

</li>
</ul>

</li>
<li xmlns="http://www.w3.org/1999/xhtml">
Tennessee
<ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistcircle">
<li xmlns="http://www.w3.org/1999/xhtml">
Lebanon — 445 Highway 109 N (Hickory Ridge)

</li>
</ul>

</li>
</ul>
About Chase


Chase is the U.S. consumer and commercial banking business of JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/JPM">JPM</a>), a leading financial services firm based in the United States of America with operations worldwide, assets of $5 trillion and $375 billion in stockholders’ equity as of June 30, 2026. Chase serves more than 87 million consumers and 7.5 million small businesses with a broad range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. Customers can choose how and where they want to bank: 5,100 branches in 48 states and the District of Columbia, 14,500 ATMs, mobile, online and by phone. For more information, go to <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.chase.com%2F&amp;esheet=54589658&amp;newsitemid=20260817375559&amp;lan=en-US&amp;anchor=chase.com&amp;index=1&amp;md5=9f96d324c1d563bd359636402a3a3878" shape="rect">chase.com</a>.

<img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260817375559r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img>View source version on businesswire.com: <a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260817375559/en/" rel="nofollow">https://www.businesswire.com/news/home/20260817375559/en/</a>
Media Contacts 
 Daniel Castorina - <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:daniel.castorina@chase.com" shape="rect">daniel.castorina@chase.com 
</a> Brian Hanover - <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:brian.s.hanover@chase.com" shape="rect">brian.s.hanover@chase.com</a>

JPMorgan Chase debuted a two-story Magnificent Mile flagship that co-locates a Chase branch with the J.P. Morgan Financial Center, offering integrated banking and wealth guidance. The expansion underscores a nationwide branch push and emphasis on affluent clients, with potential for higher deposits and cross-sell of planning and investment services, supporting fee-based revenue growth over time.

News insight

JPMorganChase Opens New Two-Story Magnificent Mile Flagship, Bringing Chase, JPMorgan Private Client Together Under One Roof

AI summary

Sentiment rationale

Key facts

Corporate Developments