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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.
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When Heidi Allison and her husband, Larry Rhoades, opened Nate's Place a year ago in Oxnard, Calif., they had one goal: to help at-risk teens and young adults stay on the right track with sobriety...more
Lisette Nieves was the first Puerto Rican woman and the first Brooklyn College grad to be a Rhodes scholar when she graduated from the college in 1992. Now she's the president of the Fund for the...more
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"To be a great investor, you have to be open-minded and look for misunderstood opportunities." That was Christopher Pan's advice to Ohio State University's graduating class on Sunday, and he's...more
"It is a night that shines a light on some of the best and brightest women in business." So reads a press release on the winners of the 2024 IMAGE PwC Businesswoman of the Year Awards in Ireland,...more
A Bangladeshi social entrepreneur who won a Nobel Peace Prize for his efforts to fight poverty won't be going to the Vatican in 2024, thanks to a group called the Fratelli Tutti Foundation. The...more
Ohio Gov. Mike DeWine says the Appalachian Community Grant Program represents "a historic, $500 million investment in Ohio's 32 Appalachian counties." The state has allocated $21.9 million in...more
Rumors have been swirling that the Lakeland Cultural Arts Center in Florida is going under, but the organization's president says those rumors are "greatly exaggerated." In a statement released...more
Health News from...
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Social Entrepreneurship
Spotlight
3 Social Enterprises Earn Honors at Social Enterprise Award
Three social enterprises were recognized at the 2013 President’s Challenge Social Enterprise Award for their major contributions to society. SATA CommHealth and Bliss Restaurant landed Social Enterprise of the Year titles, while Bettr Barista Coffee Academy bagged the award for Social Enterprise Start-up of the Year.
