JPMorgan Chase to Donate $200,000 to Aid Louisiana Flood Relief Efforts
August 18 2016 - 4:53PM
Business Wire
Chase waives select fees and provides
assistance for affected customers
JPMorgan Chase & Co. will donate $200,000 from its
foundation to support flood relief efforts in Louisiana, the firm
announced today. The grants will assist the American Red
Cross-Louisiana Region and two United Way chapters in the state –
the Capital Area United Way and the United Way of Acadiana – that
are providing critical short- and long-term support to the affected
communities.
“The flooding has had a heartbreaking impact on thousands of our
customers, neighbors and employees in Louisiana,” said Janet
Olson, Baton Rouge Market President, JPMorgan Chase. “Our
support will help victims of the flooding gain access to critical
resources they need to recover and come back stronger.”
Specifically, the Red Cross will receive $100,000 and the United
Way chapters will each receive $50,000. They will use this funding
to provide residents with immediate assistance such as food,
shelter, medical care and clothing, in addition to longer-term
support to help rebuild communities.
For affected customers, Chase is automatically waiving late fees
for mortgage, credit card, business banking and auto loans as well
as overdraft, ATM and monthly service fees on deposit accounts
through August. Customers can call 888.356.0023 for individual
assistance. For non-customers in the affected areas, Chase will not
charge a fee to use its ATMs through August. The firm has also
reopened 53 of 56 branches in the area.
JPMorgan Chase has more than 2,700 employees in Louisiana and
more than 1 million consumer customers in the state. Since
Hurricane Katrina, Chase has donated nearly $40 million to
non-profits working in Louisiana.
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE:JPM) is a leading global
financial services firm with assets of $2.5 trillion and
operations worldwide. The Firm is a leader in investment banking,
financial services for consumers and small businesses, commercial
banking, financial transaction processing, and asset management. A
component of the Dow Jones Industrial Average, JPMorgan Chase &
Co. serves millions of consumers in the United States and many of
the world's most prominent corporate, institutional and government
clients under its J.P. Morgan and Chase brands. Information about
JPMorgan Chase & Co. is available at www.jpmorganchase.com.
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JPMorgan Chase & Co.Media Contact:Steve O’Halloran,
302-282-5699
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