By Stephen MacLeod
Source: Boston Business Journal
JPMorgan Chase & Co. is continuing to expand its footprint in Massachusetts and has announced another half-dozen locations in the state that it plans to open in 2026.
Eight Chase retail banking branches will be built throughout the state in 2026, as the company (NYSE:JPM) plans to open 160 branches nationwide across 30 states. The Massachusetts locations will be built at:
- 180 Main St., Saugus
- 6 Francis St., Boston
- 250 Cambridge St., Boston
- 830 Main St., Suite 894, Clinton
- 108 Main St., Medway
- 146 Church St., Pembroke
- 1655 Boston Rd., Springfield
- 15 Highland Ave., South Attleboro
Today, it operates 92 branches across Massachusetts. These eight will bring Chase to an even 100 by the end of the year with plans for 110 branches in Massachusetts by 2027.
Three more branches are planned in New England. Two are scheduled to be built in New Hampshire and another in Vermont. No new branches in Maine are planned at this time. Those locations are:
- 44 S. Main St., Suite 6, Hanover, New Hampshire
- 33 Lafayette Rd., North Hampton, New Hampshire
- 760 Shelburne Rd., South Burlington, Vermont
JPMorgan Chase officials said the bank is also renovating 600 locations nationwide, but those renovations are not expected to take place in area branches since the financial giant only first entered the New England market in 2018.
The bank has continued to grow its brand in the region, and it even applied to have its logo join the Boston skyline.
When first entering the market, JPMorgan Chase CEO Jamie Dimon said he hoped the bank would eventually be the third largest bank in Massachusetts. While it’s a massive institution nationally, it currently sits 14th in local deposits, with $3.9 billion.
JPMorgan plans to continue to grow in Boston, and the bank is the only one that has been consistently opening branches since the end of the pandemic.