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Chase to open 50 new bank branches hiring 1200 employees

SOUTHERN CALIFORNIA - Chase announced today that it will open about 50 bank branches in Southern California this year and hire about 1,200 people statewide as part of its shift toward consumer banking.

''This 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 customers with their financial needs,'' said Pablo Sanchez, who manages Chase's branch network in the western United States.

About 35 Chase branches are expected to open in Northern California this year.

Chase has started opening 13 new branches in Stater Bros. supermarkets in San Bernardino, Riverside and San Diego counties.

In the past 16 months, Chase has opened 16 Homeownership Centers statewide to provide face-to-face loan counseling to families struggling with mortgage payments.


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