Chase Bank is one of the largest banks in the United States as measured by total assets. It offers personal, business, and commercial banking products and services on both the depository and lending side. Chase has made strides to become an industry leader in customer service, with hundreds of thousands employees all over the world.
Chase Bank’s checking account offerings all have monthly service charges that can be waived if certain requirements are met. One checking account offers a certain number of non-Chase ATM transaction fee refunds. Chase Savings (SM) also come with a monthly service charge, but can be avoided by meeting minimum daily balance requirements. For the basic Chase Savings (SM) account, consumers under the age of 18 automatically avoid the monthly service charge. The bank also offers certificates of deposit (CDs) that reward higher account balances with higher interest rates. CDs can be opened online and range in term lengths from 1 to 120 months. Chase offers business and commercial banking solutions, as well as an array of credit cards.
Chase Bank online banking provides customers with free account management functions like online bill pay, paperless statements, mobile deposit, and fund transfers. Chase’s mobile banking apps are highly rated and offer a sophisticated platform from which customers can accomplish account management tasks easily on the go. Each app is specifically designed for different operating systems like iPhone, Android, and Windows, as well as tablet devices. Chase’s website is easy to maneuver and provides comprehensive information about bank and account information.
Chase Bank was originally established in 1982 as The Chase Manhattan Bank (USA). In 1996 it changed its organization type with the FDIC to a credit card bank, and in 2000 acquired JPMorgan, a financial services company. A year later the bank moved its headquarters to Newark, Delaware, where they remain today. In 2005, the bank changed its name to Chase Bank USA, and four years later acquired Bear Stearns and Washington Mutual.
Only great experiences with Chase bank. The branch in San Juan Capo CA is exceptional. All the people there go above and beyond to help! Like everything in life it's about who you know and what kind of relationship you have with them. Having said that we've had Chase cards for decades and the few minor chargebacks over the years have been resolved in our favor. I cannot say enough good things about Chase. Also we got $1200 in bonuses for opening bank accounts with them in 2023!
Ask Chase, they give you a reply. They give you a real answer, not a system answer. Everytime I've had any issues, things were reconciled quickly and perfectly accurate. I have never lost a penny in this bank. I have done alot of business with many banks and by far this is my favorite. Unlike other banks, Chase is completely dedicated to satisfying their smallest to largest customers Equally. If I ask, they answer, if I need, they try until we agree on the steps and I'm satisfied and nobody's tired of being on the phone like other banks. Their customer service reps are smart, polite, they care and they double triple check on every single detail.
I have been a Chase customer since 2007, but I am having some serious doubts about their contractors for customer service. I have encountered service reps that I could not understand because of rapid heavy accented speech, and questionable English comprehension. I have lost confidence in their ability to provide the best customer support. I am looking to switch to a better bank. Their one bright spot is no checking account fee for maintaining direct deposit balance over many years.
I visited the Branch in Mondawmin Mall in Maryland. This is a primarily black neighborhood. The person that greeted me was a tall black man in a suit. He was rude, arrogant, disrespectful and condescending. Just sticking a black face in a branch does not solve anything. Where are the employees that care about the communities they serve? Well they're not at the Mondawmin Mall branch of Chase.
Overall | |
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FDIC Certificate # | 628 |
Year Established | 1824 |
Employees | 226822 |
Primary Regulator | OCC |
Profit Margin | |
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Return on Assets - YTD | 1.43% |
Return on Equity - YTD | 15.37% |
Annual Interest Income | $151.8B |
Assets and Liabilities | ||
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Assets | Q4 2023vs Q4 2022 | $3,395.1B$3,201.9B |
Loans | Q4 2023vs Q4 2022 | $1,308.7B$1,124.2B |
Deposits | Q4 2023vs Q4 2022 | $2,498.2B$2,440.7B |
Equity Capital | Q4 2023vs Q4 2022 | $299.3B$303.6B |
Loan Loss Allowance | Q4 2023vs Q4 2022 | $22.34B$19.71B |
Unbacked Noncurrent Loans | Q4 2023vs Q4 2022 | $9.22B$8.08B |
Real Estate Owned | Q4 2023vs Q4 2022 | $282MM$211MM |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.