"}},{"@type":"Question","name":"What banks are connected to Chase?","acceptedAnswer":{"@type":"Answer","text":"
"}},{"@type":"Question","name":"Why is J.P. Morgan different from other banks?","acceptedAnswer":{"@type":"Answer","text":"How is J.P. Morgan different from other banks that work with startups? The firm has decades of global experience, a robust professional and venture capital network, and scalable treasury management solutions—which can make us the only bank you'll ever need."}},{"@type":"Question","name":"How good is Chase Bank?","acceptedAnswer":{"@type":"Answer","text":"We give Chase 4.0 out of 5 stars overall because it offers a diverse selection of bank accounts, a positive customer experience and convenient branch access. Most Chase deposit accounts don't have minimum opening deposit requirements."}},{"@type":"Question","name":"Is Chase Bank FDIC insured?","acceptedAnswer":{"@type":"Answer","text":"Yes, a Chase account is FDIC-insured up to $250,000 per customer, per account ownership category. This means that even if Chase fails, you will eventually be able to recover an individual account's balance up to $250,000."}}]}}

JPMorgan Chase Bank, MULFORD BRANCH (2024)

Home > Illinois Banks > Rockford Banks > JPMorgan Chase Bank Rockford > JPMorgan Chase Bank, MULFORD BRANCH

Basic Info Financial Info Routing Numbers Reviews Map More Info

Name:JPMorgan Chase Bank, MULFORD BRANCH
Full Service Brick and Mortar Office
Review:510 client reviews
Location:6000 E State St
Rockford, IL 61108

Winnebago County
View Other Branches
Phone:815-394-4666
FDIC Cert:#628
Established:12/14/1854

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The Bank

Name:JPMorgan Chase Bank
Concentration:International Specialization
Established:01/01/1824
FDIC Insurance:01/01/1934
Holden By:JPMORGAN CHASE&CO
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
# of Branches:4936, view all, view on map
Website:www.jpmorganchase.com
Total Assets:$3,395,126,000,000
Total Deposits:$2,498,231,000,000
Total Equity Capital:$299,279,000,000
Total Domestic Office Deposits:$2,037,915,000,000
Net Income:$47,496,000,000
Quarterly Net Income:$8,610,000,000
Return on Assets:1%
Quarterly Return on Assets:1%
Return on Equity:15%
Quarterly Return on Equity:11%
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Client Review

510 client reviews of JPMorgan Chase Bank scored 2.5 out of 5.

Most Inept Bank, One Lie, One Problem After Another
JPMorgan Chase Bank, MULFORD BRANCH (2) Overall Rating
JPMorgan Chase Bank, MULFORD BRANCH (3) Interest Rate and Cost
JPMorgan Chase Bank, MULFORD BRANCH (4) Office Environment & Staff
JPMorgan Chase Bank, MULFORD BRANCH (5) Waiting Time
JPMorgan Chase Bank, MULFORD BRANCH (6) Other Services
by Donotsurechasebank, Oct. 14, 2023

We are a new customer here in California (El Dorado Hills).We own a large property management company and recently opened both a business and personal account.For a week we have been trying to get into bill pay to enter our creditors so we can pay our bills.They kept making it out that it was US!This has been going on for a week costing us $1000's of dollars in missed appointments/business, dozens of missed calls from being lead on a wild goose chase!We had driven to the branch now twice and it was finally confirmed because the branch manager (Trista) even tried from the bank computer and confirmed that all new accounts are having this issue with no idea when it was going to be fixed.I was promised a call from their IT department yesterday.I cancelled all my appointments, waited all day and NOTHING!Called today again and got someone from INDIA on the line who basically said I would have to call all our creditors which is 100's between the business and personal and make payments directly until the issue is resolved.This would take WEEKS!Are you kidding me!?

THEN, we deposited a $17K check which we were told would clear in 72 hours by the teller which was fine as we understand this is a new account.Well it didn't clear so I called the gal who helped us open the account and she told me it was scheduled to clear 3 days ago.Still nothing!SOO, my husband goes down to the branch AGAIN and we are given a 1-800 number for "US" to call to have funds released!Why is this our job and why would they release funds at the request of the customers.This is THEIR job to call the bank it was written off of and mind you this check was from a multi-million dollar car dealership which I am pretty sure has $17K!My son-in-law is the finance assistant manager and they bank with another major bank!

Called this bank (Tri-Counties) who confirmed they are having serious issues just like this with Chase so don't deposit checks here - you will never get access to your funds after being flat out lied to!

So, I get Chase release department on the line and also patch Tri-Counties in on the call, nothing they can do and Tri-Counties bank said it's Chase's responsibility, NOT mine so here we sit! During this 3 way call with the Chase release department and Tri-Counties the rep from Chase hangs up!

OK, I call the 1-800 number like this branch manager put it on us to do who asks for a debit card number which we will not have for another 10 days so no help and this manager should have known this!I call the branch to see if THEY have the debit card number and Mona said "yes they do" but they can't release it over the phone so how in the H was this any help.

THEN, I call 5 other Chase branches (mind you it's during business hours still) not one would pick up!

So here we sit!It's been a week!Can't enter our creditors to pay bills, they are sitting on $17K for a week and putting it on us to call to get it to clear.

End of story do NOT bank with these people!I am going to have to drive down to the branch for the 3rd time (more lost business, more wasted time) so I can at LEAST get them to do their job and verify this check is good, release funds so I can get my taxes paid!

Worst bank EVER and I don't have the time to switch again.I am giving this one more shot tomorrow but if this is not fixed, I WILL be filing a formal complaint with DFPI!

* this reviewer has be with this bank for <6 months
* this reviewer had 3 - 5 banks before.
* this review was made on JPMorgan Chase Bank, SACRAMENTO - NATOMAS BRANCH at Sacramento, CA
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Doesn’t Comply with NY Banking Law, Bad Customer Service
JPMorgan Chase Bank, MULFORD BRANCH (7) Overall Rating
JPMorgan Chase Bank, MULFORD BRANCH (8) Interest Rate and Cost
JPMorgan Chase Bank, MULFORD BRANCH (9) Office Environment & Staff
JPMorgan Chase Bank, MULFORD BRANCH (10) Waiting Time
JPMorgan Chase Bank, MULFORD BRANCH (11) Other Services
by Laurenlovestrees, Sep. 12, 2023

Branch does not follow NY state banking law section 333 in regard to accessing safe deposit boxes with valid a POA that specifically states it allows the agent to access safe deposit boxes. The box owner is a 91 yo long-time client that has had to relocate out of area for surgery and long-term care for wounds and dementia and cannot travel into the branch.

The Pearl River branch was presented all needed ID, original POA, and the key 8/25. Since 6/29 the POA was presented in-person to another Chase branch in our home state and in-branch forms were filled out and notarized to allow agent access to accounts. The agent has had access to transaction accounts on the Chase account since late June. On 8/25 access to the safe deposit box was denied at the Pearl River brand despite all this and told remotely drilling the box was not possible and the agent needs to fly across the country again to close the box.

Branch manager, Kanchan Kapur, has a negative attitude, lacks flexibility, customer service skills, and empathy regarding this situation. Her second resolution is to just call a 800 number and make a complaint. DO NOT BANK HERE! Move your money to a local credit union that cares about their customers.

* this reviewer has be with this bank for >10 years
* this reviewer had 1 - 2 banks before.
* this review was made on JPMorgan Chase Bank, PEARL RIVER BRANCH at Pearl River, NY
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An incident caused bank employees to leave?
JPMorgan Chase Bank, MULFORD BRANCH (12) Overall Rating
JPMorgan Chase Bank, MULFORD BRANCH (13) Interest Rate and Cost
JPMorgan Chase Bank, MULFORD BRANCH (14) Office Environment & Staff
JPMorgan Chase Bank, MULFORD BRANCH (15) Waiting Time
JPMorgan Chase Bank, MULFORD BRANCH (16) Other Services
by DbbQ, Apr. 25, 2023

Went to the bank at 64th and Commercial in Tamarac Florida. There was one bank teller and the security guard. At 3:30pmThe security guard asked if I needed help- I asked him where are all the bank employees?There was an incident - and noone is here. I left and went to another Chase bank in Sunrise Fl- There were only 2 employees at the bank- I asked where was everyone- They called out sick I was told. They handed me a paper with a 1800 number and told me to call and they would help me. wow 2 Chase banks - No bank officiers, in 1/2 hour at 3:30 in the afternoon not able to help people- Unreal!

* this reviewer has be with this bank for >10 years
* this reviewer had 1 - 2 banks before.
* this review was made on JPMorgan Chase Bank, COMMERCIAL AND 64TH BRANCH at Fort Lauderdale, FL
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JPMorgan Chase Bank, MULFORD BRANCH (2024)

FAQs

What is the difference between Chase and JPMorgan Chase? ›

Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with $2.6 trillion in assets and operations worldwide.

What banks are under JPMorgan Chase? ›

Our many well-known heritage firms include J.P. Morgan & Co., The Chase Manhattan Bank, Bank One, Manufacturers Hanover Trust Co., Chemical Bank, The First National Bank of Chicago, National Bank of Detroit, Washington Mutual, The Bear Stearns Companies Inc. and First Republic.

How many branch locations does Chase bank have? ›

See our Chase Total Checking®offer for new customers. Make purchases with your debit card, and bank from almost anywhere by phone, tablet or computer and 16,000 ATMs and more than 4,700 branches.

Is JP Morgan Chase Bank a local bank? ›

JPMorgan Chase & Co. (stylized as JPMorganChase) is an American multinational finance company headquartered in New York City and incorporated in Delaware. It is the largest bank in the United States and the world's largest bank by market capitalization as of 2023.

How much money do you need for JP Morgan Private Bank? ›

JP Morgan private bank minimum requirement is $10 million. Chase private bank minimum requirement is an average beginning day balance of $150,000 or more. Morgan Stanley private bank minimum requirement does not exist.

Is Wells Fargo better than JPMorgan Chase? ›

Wells Fargo & Co currently has a 2.5% dividend yield. Currently, JPMorgan Chase & Co's price-earnings ratio is 11.7. JPMorgan Chase & Co's trailing 12-month revenue is $181.0 billion with a 26.8% net profit margin. Year-over-year quarterly sales growth most recently was 28.2%.

Is Bank of America owned by Chase? ›

Is Chase owned by Bank of America? NO, nothing to do with BOA. JPMorgan Chase is the result of the combination of several large U.S. banking companies since 1996, including Chase Manhattan Bank, JP Morgan, Bank One, Bear Stearns and Washington Mutual.

What bank did JP Morgan merge with? ›

Hence, even today, it is known as JPMorgan Chase. In December 2000, the combined Chase Manhattan completed the acquisition of J.P. Morgan & Co. in one of the largest banking mergers to date. The combined company was renamed JPMorgan Chase.

What is the biggest bank in the world? ›

Industrial and Commercial Bank of China

Why is Chase closing so many branches? ›

Banks often pursue acquisitions of competitors to cut expenses on overlapping staff, services and facilities. The savings support profits. In recent years, closing branches has often proven integral to deal-related cost-cutting.

Who owns Chase Bank now? ›

What banks are connected to Chase? ›

  • Chase Manhattan Corp.
  • Bank One Corp.
  • The Bear Stearns Companies Inc.
  • Washington Mutual Bank.
  • Cazenove Group.
  • InstaMed.
  • WePay.

Why is J.P. Morgan different from other banks? ›

How is J.P. Morgan different from other banks that work with startups? The firm has decades of global experience, a robust professional and venture capital network, and scalable treasury management solutions—which can make us the only bank you'll ever need.

How good is Chase Bank? ›

We give Chase 4.0 out of 5 stars overall because it offers a diverse selection of bank accounts, a positive customer experience and convenient branch access. Most Chase deposit accounts don't have minimum opening deposit requirements.

Is Chase Bank FDIC insured? ›

Yes, a Chase account is FDIC-insured up to $250,000 per customer, per account ownership category. This means that even if Chase fails, you will eventually be able to recover an individual account's balance up to $250,000.

Do I put Chase or JP Morgan? ›

If it asks for a bank name, the official name is JPMorgan Chase Bank, N.A.

Why is JPMorgan Chase called Chase? ›

Founding of Chase National Bank

In 1877, New York banker John Thompson founded Chase National Bank, named after Salmon P. Chase, former Secretary of the Treasury under Abraham Lincoln.

What makes JP Morgan different from other banks? ›

How is J.P. Morgan different from other banks that work with startups? The firm has decades of global experience, a robust professional and venture capital network, and scalable treasury management solutions—which can make us the only bank you'll ever need.

When did JP Morgan and Chase merge? ›

Hence, even today, it is known as JPMorgan Chase. In December 2000, the combined Chase Manhattan completed the acquisition of J.P. Morgan & Co. in one of the largest banking mergers to date. The combined company was renamed JPMorgan Chase.

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