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By the Numbers
23K+
Employees across New York City
290+
Branches across New York City, including 36 Community Branches
417K+
Business clients across New York City
48K
Affordable housing units preserved or constructed from 2019-2023
$2.5B
Spent with New York City based suppliers in 2022
10K+
New Yorkers received services to improve their financial health from 2019-2023
30K+
New Yorkers participated in job training programs aligned with high-demand industries
$58M+
In philanthropic contributions since 2019
These numbers represent our work across New York's five boroughs as of August 2023.
Our Impact in Action
See how we are helping to drive economic, business and community impact in New York City.
New JPMorgan Chase HQ Drives Billions in Economic Growth for New York
Featured Story
New JPMorgan Chase HQ Drives Billions in Economic Growth for New York
Our commitment to NYC goes beyond our new headquarters.
Once completed in 2025, the 60-story skyscraper will be New York City’s largest all-electric tower and represent the firm’s continued commitment to the city. Over the course of its construction, the project will create more than 8,000 new construction jobs and drive additional economic activity of $2.6 billion for the city, as well as $3.6 billion across all of New York State.
An independent study by Deloitte found that JPMorgan Chase’s employees and operations contribute $29.8 billion in annual economic activity to New York City, stimulating an additional 40,000 jobs across local industries. The firm’s activities also contribute a total of $39.8 billion annually to New York State’s economy, stimulating an additional 61,000 jobs overall.
JPMorgan Chase CEO Jamie Dimon visiting local construction workers at 270 Park Avenue
How We’re Expanding Opportunities
Making homeownership more accessible for low-and middle-income New Yorkers
Helping more New Yorkers build generational wealth through our work with the Neighborhood Housing Services of Brooklyn.
Helping New York City employers tap into an underutilized workforce
Strengthening the local economy and community through the Clean Slate Act
Furthering long-term affordable housing efforts for the homeless
Developing a custom financing solution for Care for the Homeless, a non-profit operator of homeless shelters and provider of healthcare services for the homeless
"Since 1799, JPMorgan Chase has been bringing the best of our business to New York City. Beyond being home to our global headquarters, this is also where our customers, clients, employees and community partners live, work and play. We're committed to New York City and creating economic opportunity for all who call it home."
Jamie Dimon, JPMorgan Chase & Co. Chairman and Chief Executive Officer
Moving New York City Forward, Together
A few of our business and philanthropic relationships that help to advance a stronger, more inclusive New York City.
Bringing Wellness to the Workplace
Born in NYC nearly 50 years ago, the J.P. Morgan Corporate Challenge brings nearly 30,000 participants together annually in Central Park to celebrate teamwork, camaraderie and community.
Expanding a Global Transportation Hub
J.P. Morgan helped to secure funding for Terminal 4 at JFK Airport, including to renovate and expand the terminal, ultimately increasing capacity and delivering an enhanced experience for travelers.
Preparing New Yorkers for the Future of Work
As a founding member of New York Jobs CEO Council, JPMorgan Chase is helping to transform job training, recruiting and hiring in the city. Our collective goal is to hire 100,000 New Yorkers by 2030, including 25,000 CUNY students.
Keeping New York City Moving
J.P. Morgan helped the MTA install a contactless payment system for public transit riders. Now, people can simply tap their payment card or use an app they already have—no more waiting in line to buy or load a fare card. It’s helped to make the MTA experience far more efficient.
Shaping an Equitable Future in Sports
JPMorgan Chase and the USTA Foundation's National Junior and Tennis learning network are empowering over 50,000 under resourced youth through the annual Return the Serve program.
Creating a Big Platform for Small Businesses
As the marquee partner of Madison Square Garden, Chase and the New York Knicks and New York Rangers created a Small Business platform, highlighting Chase for Business customers through team platforms and providing $50,000 in grants.
Our Longstanding Commitment to NYC
The Manhattan Company is founded (1799)
The Manhattan Company, JPMorgan Chase's earliest predecessor institution, is chartered by the New York State legislature to supply "pure and wholesome" drinking water to the city's growing population. Among its founders are Alexander Hamilton and Aaron Burr.
A provision in the charter allows The Manhattan Company to use its surplus capital for banking operations. Within five months, The Bank of The Manhattan Company opens for business, becoming the second commercial bank in New York City after Hamilton’s Bank of New York. With his banking monopoly broken, Hamilton severs his association with the water company.
Putting Community First (1807)
The Manhattan Company grants New York City’s volunteer fire companies free access to its network of water pipes to fight fires, contributing to the community’s public safety.
Building NYC’s Infrastructure (1883)
Over ten JPMorgan Chase predecessor firms helped finance the construction of the Brooklyn Bridge, the largest infrastructure project and longest suspension bridge of its time.
Rising on Wall Street (1914)
Construction begins in 1913 on a new J.P. Morgan & Co. headquarters at the firm’s historic site at 23 Wall Street. The Morgan name is deliberately left off the building’s façade; the entrance doors bear only the street address “23”, embodying the firm’s characteristically discreet business style.
Pioneering Women in Banking (1924)
Chase National Bank hires Mary Vail Andress as an assistant cashier. Andress becomes the first female officer at a major New York City bank’s main office and helps to pave the way for others to achieve a range of positions within the financial sector.
Introducing the first credit card in New York (1958)
Chase Manhattan introduces the Chase Manhattan Charge Plan, the first New York City bank to offer a retail credit account. The card is soon renamed Uni-Card and in 1972 joins the national BankAmericard System, the precursor to Visa.
Launching the Nation’s first ATM (1969)
Chemical Bank installs the nation’s first cash dispensing machine – the precursor to the ATM – in a Rockville Center branch on Long Island, inaugurating 24-hour banking in the New York metropolitan area.
Investing in NYC’s future (2018)
JPMorgan Chase announces plans to replace its headquarters building at 270 Park Avenue with a new resource-efficient skyscraper. Over the course of its construction, the project will create more than 8,000 new construction jobs and trigger additional economic activity of $2.6 billion for the city, as well as $3.6 billion across all of New York State. For more information on 270 Park, click here.
News & Stories
Press Releases
January 9, 2024
November 20, 2023
