Two years after JPMorgan Chase & Co. CEO Jamie Dimon visited Jacksonville and promised to add 10 more branches in the area, Chase Bank has reached that goal and is planning at least four more.
The bank is holding a grand opening Feb. 11 for a branch in the Baymeadows Village shopping center at Baymeadows Road and Southside Boulevard in Jacksonville and will open another new office this month in Palencia Village in St. Augustine.
With those two branches, Chase will meet its goal of opening 10 new offices on top of the 20 it already had in Northeast Florida.
Chase is the consumer banking arm of New York-based JPMorgan Chase and has the largest branch network of any U.S. bank, with more than 5,000 offices.
JPMorgan has had a large mortgage operations presence in Jacksonville for years, but Chase bank only began opening offices in the Jacksonville market in 2013.
During his visit to Jacksonville, Dimon said Jacksonville was a test market, the first city where the company went in and opened new branches without a previous banking market presence.
The test was successful enough that Chase decided to continue expanding in Northeast Florida.
The latest data from the Federal Deposit Insurance Corp. said Chase was tied with Truist Bank for the second-largest branch network in the Jacksonville metropolitan area as of June 30, 2025, with 26 branches at that time. Wells Fargo Bank had the largest branch network with 39 offices.
Chase ranked sixth in the market with $1.88 billion in deposits at mid-2025.
Nationally, Chase led all banks with 4,993 branches and $2.1 trillion in deposits at mid-2025.
Including the mortgage banking operations, JPMorgan has more than 1,700 employees in the Jacksonville market.
Chase did not give the locations for the four additional branches it is planning to open in the Jacksonville area over the next three years.
The bank said its expansion has included new branches in low-to-moderate income neighborhoods to give more people access to banking services.
Roxann Cooke, regional director of Consumer Banking at Chase, said in a news release its new branches have received positive receptions in their local communities.
“This encouragement has inspired us to deepen our presence, making it easier for more people and businesses in this thriving region to gain access to the financial services and advice they need,” she said.