JPMorgan Chase & Co
|Corporate Structure : JPMorgan Chase & Co.|
Chairman and CEO : Jamie Dimon
Headquarters : 270 Park Avenue, New York, NY, 10017
Website : www.ChaseMilitary.com
JPMorgan Chase & Co. is a leading global financial services firm with assets of $2.3 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States with over 5,500 branches nationwide and 260,000 employees across the globe.
JPMorgan Chase is committed to serving America’s military and veteran communities. Early in 2011, JPMorgan Chase established the Office of Military and Veterans Affairs to understand and address the unique issues facing servicemembers, veterans, and their families. With a dedicated team and in tandem with senior executives, the office has developed and is implementing a comprehensive strategy focused on jobs, homeownership, education, and philanthropic giving.
JPMorgan Chase is dedicated to hiring and retaining transitioning servicemembers and veterans. Recognizing the tremendous talent veterans bring to the business, the firm has established a military recruiting team whose sole mission is to hire transitioning servicemembers and veterans. Since last year, JPMorgan Chase has been hiring about ten veterans a day across all lines of business.
JPMorgan Chase recruiter Sean Gillispie talks with a military candidate at a 100,000 Jobs Mission military hiring event at Naval Support Activity Bethesda, Md., Feb. 25, 2011.
Success is not merely about hiring veterans, however. True success is retaining them and helping them lead meaningful, successful careers after their service. The commitment to our employee veterans extends to those who serve in the Guard or Reserve as well. To those ends, JPMorgan Chase has developed training programs, mentorship opportunities, and a network of employee veterans, Voices for Employees that Served (VETS), that all help to bridge the gap between the military and corporate America. JPMorgan Chase is also a founding member of the 100,000 Jobs Mission, an initiative among companies across the U.S. in diverse industries to collectively hire 100,000 veterans by 2020. Visit www.ChaseMilitary.com for more information about JPMorgan Chase and 100,000 Jobs Mission.
JPMorgan Chase is committed to keeping people in their homes and helping military families own homes. Working with nonprofit partners such as Operation Homefront, Military Warriors Support Foundation, and Building Homes for Heroes, the firm has promised to award 1,000 mortgage-free homes to deserving veterans and their families over the next five years. Since 2011, the firm has provided nearly 200 homes to its nonprofit partners.
Chase has opened 82 Chase Homeownership Centers (CHOCs) across the country to provide one-on-one assistance for homeowners struggling with their mortgage payments. Six CHOCs located near large military installations are specifically dedicated to serving the military and are staffed with military veterans and family members trained to address specific needs of the military community, including the Servicemembers Civil Relief Act (SCRA).
The staff of the Military Chase Homeownership Center in Norfolk, Va., like our other military-oriented centers, is specially trained to address the unique needs and challenges military families encounter. Many staff members have served in the military or come from military families.
JPMorgan Chase is committed to providing the right resources so that veterans can receive the appropriate education and training that leads to employment. In 2011, we partnered with Syracuse University to establish the first-of-its-kind Institute for Veterans and Military Families (IVMF). This institute publishes actionable research on issues directly related to the military community and houses educational programs for transitioning military members and families including the Entrepreneurship Boot Camp for Disabled Veterans.
With support from JPMorgan Chase, Syracuse University’s School of Information Studies offers a tuition-free Veterans Technology Program, a non-credit certificate program for post 9/11 veterans aspiring to careers in information technology and operations. The courses are delivered entirely online, enabling veterans to participate from any location and access their coursework at any time. Learn more about the free program at Syracuse University here: http://get-vet.syr.edu/.
Philanthropy and Volunteerism
In 2011, JPMorgan Chase contributed more than 3 million dollars to organizations benefiting the military and veteran communities. Recent highlights include grants to the National Organization on Disability for a program helping transitioning wounded veterans; Common Ground Community Solutions to permanently house 12,000 homeless veterans; and Veterans Across America to help bridge the gap between veteran job seekers and the civilian workforce. JPMorgan Chase employees volunteered over 5,000 hours of their time in 2011 to military and veteran related activities including helping to build a Habitat for Humanity home in Columbus, Ohio; hosting a housewarming for wounded veterans in Florida; and welcoming troops home at airports across the country among other activities.
Veteran Owned Businesses and Military Banking
We promote the economic growth and development of veteran-owned businesses and review veteran status as part of our selection criteria for suppliers. Our firm is a Three Star Corporate Member of the National Veteran-Owned Business Association, has a seat on its Corporate Advisory Council and participates in veteran-owned business tradeshows. Chase military banking provides special banking benefits to active duty servicemembers, members of the Guard and Reserve, and veterans. Premium checking account benefits – with no minimum balance requirements or monthly service fee - are offered to military customers. Chase also offers business banking benefits and special mortgage programs for military members. In addition, Chase offers military customers their own dedicated support hotline open 24/7 and staffed with customer service advisors who are specifically trained to understand the unique challenges of military life - many of the advisors are military veterans or family members themselves.
Members of the Columbus VETS chapter pose for the camera during a recent Habitat for Humanity project. JPMorgan Chase employees have donated thousands of volunteer hours to military and veteran activities.