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We work with community, government and business leaders to increase economic opportunities for residents across the Chicago area. Through our business investments, philanthropy and policies, we support skills training and job creation, neighborhood revitalization and small business growth. And we help expand access to affordable housing and financial health resources.
In 2021, we committed $150 million in philanthropic capital and low-cost loans to the city’s South and West sides. This commitment builds on an additional $600 million in home lending to increase homeownership for Black, Hispanic and Latino families across Chicago.
We are helping drive inclusive, economic growth in Chicago—and we are proud to be invested in the city for today and tomorrow.
By the Numbers
$97M+
in philanthropic contributions since 2019
3M+
Consumer banking customers
354K
Small business clients
14K+
Employees
975+
Complimentary financial health events since 2021 to support customers, community members and employees
290
Branches
Numbers are for the Greater Chicago area as of August 2023.
Spotlight
Dedicated to Growing Local Businesses
Architect Deon Lucas was the first recipient of an entrepreneurship fund developed by JPMorgan Chase and other investors. He used the capital to create E.G. Woode, a brick-and-mortar space for micro-entrepreneurs in Englewood. And he’s just one of hundreds of business owners the fund has supported since it opened.
A Vital Investment for Auburn Gresham
Chicago’s South Side has a shortage of health care options. But in 2022, the Greater Auburn Gresham Development Corporation opened the Healthy Lifestyle Hub—funded in part by a $14.5 million investment from JPMorgan Chase. The hub brought medical facilities, fresh food and a pharmacy to the area, treating nearly 20,000 patients in its first year.
Expanding Employment Opportunities
HIRE360 connects high school students and recent graduates to union-wage careers in over 30 skilled trades. JPMorgan Chase has provided $1.85 million in support for HIRE360 over the years, allowing the organization to enhance its mentorship programs and improve access to capital for women and minority entrepreneurs.
Our Impact in Action
See how we are helping to drive economic, business and community impact in Greater Chicago
Transforming Abandoned Lots Into Affordable Homes
Featured Story
Transforming Abandoned Lots Into Affordable Homes
Where many people see vacant land, Raul Raymundo sees opportunity. Here’s how he and JPMorgan Chase are creating change.
For decades, Chicago’s Pilsen neighborhood struggled with poverty and a shortage of resources. But Pilsen’s downturn spurred innovation among community residents like Raul Raymundo.
In 1990, with just $30,000 in seed money from local religious leaders, Raymundo created The Resurrection Project (TRP). The organization helps transform abandoned lots into affordable housing and hosts workshops on how to build credit and buy property.
Raymundo’s work has not been easy—or cheap. A $7.2 million philanthropic commitment from JPMorgan Chase has lightened the load. And it will help Raymundo and TRP build or preserve more than 150 affordable housing residences throughout the Chicago area.
