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J.P. Morgan Chase

J.P. Morgan Chase. Anyelit Sequera P.4 Banking/Credit Research Project. Brief History. Founded in NY in 1799. When it was founded, it served as an agent for Europeans to invest in the US. It helped the Allied victory in WWI because it loaned money to the French for supplies.

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J.P. Morgan Chase

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  1. J.P. Morgan Chase AnyelitSequera P.4 Banking/Credit Research Project

  2. Brief History • Founded in NY in 1799. • When it was founded, it served as an agent for Europeans to invest in the US. • It helped the Allied victory in WWI because it loaned money to the French for supplies. • It acquired 5 banks in the 1920s and branches in Cuba and Panama. • It merged with the Trust Co. of NY in 1930. • Its principal banks are: • J.P.Morgan & Co., The Chase Manhattan Bank, Bank One, Manufacturers Hanover Trust Co., Chemical Bank, The First National Bank of Chicago and National Bank of Detroit.

  3. Locations

  4. Imaging/Branding

  5. Services • Chase provides: • ATMs. • Online Banking. • Various branches across the US. • Credit Cards. • Home finance. • Investment Opportunities. • Retirement Plans. • Auto Finance. • Education Finance. • Checking Accounts. • Saving Accounts. • CDs.

  6. Total Checking Account • $25 minimum deposit. • No Monthly Service Fee If: • Direct deposits of $500. • Daily balance of $1,500. *(Otherwise, $12/month) • Benefits: -Free Debit Card -Free Online banking and bill pay. -Free Chase Mobile Banking. -Free Account Alerts.

  7. Premier Plus Checking Account • $25 minimum deposit. • No Monthly Fee If: • Avg. Daily Balance of $15,000. *(Otherwise,$25/month) • Benefits: -All benefits from Total. -Earns Interest -No fees for checks, money orders or gift cards. -2 additional accounts with no monthly fee. Free: -Design Checks -Safe Deposit Box

  8. Premier Platinum Checking Account • $100 minimum deposit. • No Monthly Fee If: • Avg. Daily Balance of $75,000. *(Otherwise, $25/month) • Benefits: -Benefits from Premier Plus. -Earns Interest -No Overdraft. -No Stop Payment Fee. -9 Premier Platinum Accounts (no monthly fee). -Priority Service. Free: -Personal Style Checks.

  9. Student Checking Account • $25 minimum deposit. • No Monthly Fee If: • Linked to a parent/guardian checking account. • Monthly direct deposit. (Otherwise, $6/month) College Checking Account • $25 Minimum deposit. No Monthly Fee If: • Enrolled in college for up to 5 years. • Monthly direct deposit. (Otherwise, $6/month).

  10. Chase Savings Account • $25 minimum deposit. • No Monthly Fee If: • Daily balance of $300. • Under 18. • Any checking account opened. • At least 2 $25 transfer to account/month. (Otherwise, $5/month) • Benefits: -Earns Interest. -If linked to checking account, overdraft protection. -Free: • Automatic Service Program. • Online Banking. • Mobile Banking. • Account Alerts.

  11. Chase Plus Savings Account • $100 minimum deposit. • No Monthly Fee If: • Daily Balance of $15,000 or more. • Linked to any checking account. • Benefits: -All benefits from Chase Savings. -Higher balance = Higher Interest Rate

  12. Certificates of Deposit (Cd) • Chase CDs: • -$1,000 minimum. • Chase CDs Specials: • -$10,000 minimum. • -Requires Chase Checking Account.

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