Tenant Description
JPMorgan Chase & Co. was founded in 1799 and is headquartered in New York, New York. It has 5,000+ bank branches in 25+ states and is also among the nation’s top mortgage lenders and credit card issuers.
It operates as a financial services company, and currently sits as the largest financial institution in the United States with approximately $2.5+ trillion in assets. It operates through four business segments in 60+ Countries: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset & Wealth Management.
What To Look For When Buying A Chase Bank
What are the total deposits at this location? Many think that physical bank branches are being strongly effected by online banking. You can look up any individual bank branch deposits at the FDIC website
https://www5.fdic.gov/sod/sodInstBranch.asp?barItem=1
What We Like About Chase Bank
Strong Corporate Guarantee, Rental Increases In Primary Lease Term, Infill Real Estate, Brand Recognition
Competition
Wells Fargo, Citibank, SunTrust
Chase Website
Corporate Office Location
383 Madison Avenue – New York City, New York
Fast Facts
Originally known as Chase Manhattan Bank, it was formed by the merger of the Chase National Bank and the Bank of the Manhattan Company in 1955. It continued to be known Chase Manhattan Bank until it merged with J.P. Morgan & Co. in 2000. In 2008, Chase acquired the deposits and most of the assets of Washington Mutual.
As of January 2019 JPMorgan Chase & Co. employs 250,000+ people
As of January 2019 JPMorgan Chase & Co. hold assets in excess of $2.5 Trillion
