Chase, Bank One Give Customers Access to More Than 6,500 ATMs Free of Charge
01 July 2004 - 11:00PM
PR Newswire (US)
Chase, Bank One Give Customers Access to More Than 6,500 ATMs Free
of Charge CHICAGO, July 1 /PRNewswire-FirstCall/ -- Customers of
Chase Bank and Bank One today gained free access to a nationwide
network of more than 6,500 ATMs that stretches from New York to
Florida to Texas and Arizona. (Logo:
http://www.newscom.com/cgi-bin/prnh/20040608/CGTU065LOGO
http://www.newscom.com/cgi-bin/prnh/20030116/NYTH053LOGO ) With the
merger of parent companies J.P. Morgan Chase & Co. and Bank One
Corp. completed today, customers of both banks can withdraw cash,
transfer funds, and check account balances at 6,530 ATMs in 19
states without a usage fee. "Our customers get an immediate benefit
from combining our companies into one of the world's most powerful
financial services firms," said Charles Scharf, head of retail
banking for Chase. "Banking has become more convenient." The banks'
branches will be combined under a common computer system and Chase
brand, on a state-by-state basis, starting in 2005. When that's
complete, customers will have full access to more than 2,300
branches in 17 states. The machines, branded either Chase Bank or
Bank One, are in the following states: Arizona, 361 California, 31
Colorado, 104 Connecticut, 52 Delaware, 2 Florida, 60 Illinois,
1,124 Indiana, 520 Kentucky, 218 Louisiana, 294 Michigan, 369 New
Jersey, 88 New York, 1,336 Ohio, 811 Oklahoma, 53 Texas, 834 Utah,
27 Wisconsin, 150 West Virginia, 96 The biggest benefit will be in
Texas, where each bank's customers get nearly double the free
network they had before. The combined ATM network includes: -- 573
at more than 320 banking centers of both banks from El Paso to
Beaumont -- 203 at Exxon and 12 at Conoco convenience stores and --
48 at Walgreens drug stores. The Chase brand will serve more than
11 million retail banking customers, 850,000 small businesses and
31,000 commercial businesses. It also will have 87 million credit
cards issued. J.P. Morgan Chase & Co. (NYSE:JPM) is a leading
global financial services firm with assets of $1.1 trillion and
operations in more than 50 countries. The firm is a leader in
investment banking, financial services for consumers and
businesses, financial transaction processing, asset and wealth
management, and private equity. A component of the Dow Jones
Industrial Average, J.P. Morgan Chase & Co. has its corporate
headquarters in New York and its U.S. retail financial services and
commercial banking headquarters in Chicago. Information about the
firm is available on the Internet at http://www.jpmorganchase.com/
. http://www.newscom.com/cgi-bin/prnh/20040608/CGTU065LOGO
http://www.newscom.com/cgi-bin/prnh/20030116/NYTH053LOGO
http://photoarchive.ap.org/ DATASOURCE: Chase Bank CONTACT: Chris
Spencer of Bank One, +1-225-332-7349, or Greg Hassell of Chase,
+1-713-216-5009 Web site: http://www.jpmorganchase.com/
http://www.bankone.com/
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