Bank / Credit Union
Chase adding more than 500 small business bankers through 2024
February 15, 2023
JPMorgan Chase will hire more than 500 small business bankers through 2024. The bank aims to use thee hires to expand relationships with small businesses and improve access to education, credit and guidance, according to a press release.
"Small business owners are facing difficult challenges with persistent inflation, supply chain disruptions, and expense pressure," Ben Walter, CEO of Business Banking, Chase, said in the release. "We know that banks play a critical role in the long-term success of small businesses and their communities. This investment in our workforce is a testament to our commitment to our clients and our intent to support them through the business cycle."
The bank has performed other efforts to help small businesses including:
- Small Purpose Credit Program to reach majority Black, Hispanic and Latino communities.
- One-on-one coaching programs in 21 U.S. cities.
- Workshops, panels and networking events.
- $10 million, five-year commitment to Tech Equity Miami to improve small business technology.
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