local
JPMorgan Chase plans to expand Community Center program, doubling branches in low-income areas
By Ken Sweet, Associated Press at KSAT 12 (ABC affiliate) — San Antonio
· June 25, 2026
· 3 min read
JPMorgan Chase will significantly expand its national “Community Center” program, the bank said Thursday, with plans to double the number of these specialized branches the bank operates particularly in low-income neighborhoods.Along with doubling the number of Community Center branches, the bank ...
Key takeaway Along with doubling the number of Community Center branches, the bank plans to hire an additional 150 employees, known as community managers, and provide additional programming at these locations.
Why this matters in Terrell Hills News
The expansion of JPMorgan Chase's Community Center program into low-income areas, including potentially in the San Antonio area, could have a significant impact on the financial stability of local residents. With Terrell Hills being part of the larger San Antonio community, the presence of such community centers could provide much-needed financial education and resources to underserved neighborhoods. The program's focus on hiring local community managers and partnering with nonprofit organizations could also lead to job creation and community engagement. As the bank aims to reach 5 million attendees with its financial workshops, it will be important to track the program's progress and effectiveness in the local area. The Community Reinvestment Act requires banks to serve low-income communities, but Chase's approach of opening branches and providing financial education sets a notable example for other financial institutions in the region.
About this story
Original reporting by KSAT 12 (ABC affiliate) — San Antonio . Terrell Hills News surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KSAT 12 (ABC affiliate) — San Antonio . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: June 25, 2026 ·
Source: KSAT 12 (ABC affiliate) — San Antonio ·
Reading time: 3 min
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Frequently asked about this story
What is this story about? JPMorgan Chase will significantly expand its national “Community Center” program, the bank said Thursday, with plans to double the number of these specialized branches the bank operates particularly in low-income neighborhoods.Along with doubling the number of Community Center branches, the bank ...
When was this published? This article was first published on June 25, 2026 by KSAT 12 (ABC affiliate) — San Antonio and curated for Terrell Hills News readers.
Who reported this story? This story was reported by Ken Sweet, Associated Press at KSAT 12 (ABC affiliate) — San Antonio. To learn more about how Terrell Hills News selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from Terrell Hills News, or browse our daily briefing and topic hubs .
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