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"Access to financial advice and banking services is essential for any community to thrive and our Community Center Branches are at the center of lifting up communities by creating opportunities for growth," says JPMorgan Chase Chairman and CEO Jamie Dimon in a statement announcing the company's second Community Center branch in New York City.
Located in the Grand Concourse neighborhood of the Bronx, the 5,400-square-foot branch offers free financial health workshops, pop-up shops for small business clients, and WiFi for community groups, per a press release.
Chase has opened 16 additional Community Centers across the country, 14 of which were part of the company's Racial Equity Commitment to reach underserved communities.
Chase plans to open a Brooklyn branch by the end of the year.
"Far too often, customers are intimidated when they visit a bank," says Diedra Porche, head of Chase Community and Business Development.
"They don't know where to start or who to approach when they have a question.
We want to change that."
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
"We believe in the transformative power of AI and its potential to create positive change," says Anita Whitehead, head of impact at audit, tax, and advisory firm KPMG, which this week announced an...more
Michigan wants to make its ports more energy efficient and less reliant on fossil fuels. The state's Department of Environment, Great Lakes, and Energy is seeking proposals to create a maritime...more
The president of the University of Dubai was among dozens of women honored for their achievements in business, health, media, the arts, and technology at the fourth annual Excellence Awards in Dubai...more
Three women from Australia's Indian community have been named in the country's Order of Australia for their contributions to society. Harinder Kaur, 29,Niharika Hiremath, 29, and Sakshi Thakur,...more
It's that time of year again: the time of year when many of us crank up our air-con and head out for a dip in the pool. But what if we told you that summer is also a great time to get outside and...more
Babangida Zama is a 23-year-old college student in Kano, Nigeria. He's also the leader of the group that won the Rising Awareness Action pitch competition on Saturday, receiving a $100,000 grant...more
When Chuck Petersheim heard a high school football team in Pike County, Pa., needed funds for a trip to Florida, he decided to pony up. The Greater Pike Community Foundation recently announced...more
"Politics is like a quilt formed of hundreds of patches that come together, creating security and strength," Michael Mantha writes in the Sault Star. "I know from experience that great things can...more
The city of Fremantle, Australia, has given more than $66,000 to 11 community, youth, and arts organizations in a bid to "make Freo a more inclusive, vibrant, and creative place," Mayor Hannah...more
Foundation: Marin Community Foundation
Over the next three years, the Marin Community Foundation will spend $30 million to support 80 nonprofits in Marin County, Calif., the San Francisco Chronicle reports. That's a big change for the...more
Social Entrepreneurship
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Why Not Lease A Jeans?
Dutch fashion label, Mud Jeans, has launched its Lease a Jeans brand. The jeans are crafted of organic and recycled cotton and are 100% responsibly produced.
