JPMorgan Chase & Co - Sometimes Bigger is Better

Many people believe that once a business grows too large they lose that vital connection to the consumer, worrying more about their bottom line than anything else. However, with over 200 years of experience under their belts, JPMorgan Chase & Co uses their experience to their advantage. Not only are they one of the oldest and largest financial services firms in the world, they are also an award-winning corporation, using their sheer size and buying power to keep businesses afloat and help reshape the economy.

JPMorgan Chase & Co, as the name is today, traces its roots all the way back to 1824 when it was called the Chemical Bank of New York. It grew over the years through various mergers with various banks like Texas Commerce Bank in 1986 and Manufacturer's Hanover Trust Company in 1991. As the mergers continued, Chemical Bank of New York was gaining a reputation for financing buyouts and was often the largest bank in the United States. It wasn't until 1996 that the Chemical Bank of New York acquired the Chase Manhattan Corporation and changed their name to the familiar Chase." In 2000, they acquired JPMorgan & Co, uniting the names into what we know today as JPMorgan Chase & Co. They have also merged with Bank One Corporation and acquired Bear Stearns and Washington Mutual as a result of the collapse of the financial sector.

One visit to the Chase website gives you a small glimpse of the many services they provide to their customers. They range from personal checking and savings accounts to auto and homes loans and retirement/investment plans. If you own a business, there's even something for you too. The simple interface gives you all the information you need to know. To learn more, simply click the link to see the many ways you can benefit from their products.

Just because JPMorgan Chase & Co is a bank doesn't mean they don't know how to have fun. They are the official sponsor of the US Open and also sponsor Major League Soccer. They built Chase Field for the Arizona Diamondbacks and Chase Auditorium in Chicago. Of all these, the most exciting is probably the operating of the JPMorgan Chase Corporate Challenge. This is the largest corporate road-racing series in the world, beginning in 1977. It is held in twelve cities in six countries on five continents, boasting over 200,000 participants.

Usually when people think of a bank, the word "charitable" doesn't come to mind, but with JPMorgan Chase & Co that is far from the truth. In 2008 alone, they gave over $100 million to thousands of non-profit communities across the world. In addition, they strive to provide world-class education to school-aged children, giving them the tools necessary to succeed. JPMorgan Chase & Co also has programs in place for its employees who want to help by matching their employee's gifts and their volunteer programs. In the wake of the horrendous earthquakes that have left Haiti and Chile devastated, JPMorgan Chase & Co has set aside more than $1 million to help the victims rebuild. Even the JPMorgan Chase & Co customers can benefit from the philanthropic efforts of this financial giant. They have Homeownership Preservation offices all over the United States, helping keep homeowners in their houses and giving them the necessary tools to prevent the situation from happening again. They pride themselves in being there for their customers in their greatest time of need, and work to find a solution that best benefits all involved.