JAMES CITY-JP Morgan Chase is opening several new branches in Hampton Roads, including two in the Greater Williamsburg area.
The national financial institution, one of the oldest in the country that first began in New York City in 1799, announced in May its intent to open ten new locations throughout the region. In Williamsburg, JP Morgan Chase plans to open a location in downtown Williamsburg. A second branch is slated for Monticello Avenue in James City County.
It was previously announced that JP Morgan Chase is planning to open a branch in the City of Williamsburg at 202 North Henry St. in the site of a former SunTrust branch that closed in the spring of 2021.
JP Morgan Chase is also opening a second branch on Monticello Avenue. In June, S.L. Nusbaum Realty Co. announced JP Morgan Chase Bank, N.A. also leased a 3,518 square foot building on a 1.03 acre parcel within the Marketplace Shoppes. This second branch is located at 4601 Monticello Ave. It will occupy space that also was once a Sun Trust branch. It later became a location for Truist before it, too, shut down.
Chase Bank has roughly 4,700 locations. In addition to the two locations in Williamsburg, JP Morgan Chase announced plans for two branches in Norfolk, one of which is expected to open in November 2022.