JP Morgan Chase has recently opened branches throughout the country and has set sights on Camden, NJ—the first bank to open in downtown Camden in a decade.
The Mayor of Camden, Frank Moran, and Chase’s Regional Director for Philadelphia, Delaware and southern New Jersey, Michele Lawrence, were both present at the ribbon cutting ceremony and expressed their excitement for this monumental business expansion.
“Now banks are seeing our resurgence and saying they need to open here, too,” said Moran. “That speaks volumes to the confidence people have in what’s happening in Camden, and to Chase’s corporate commitment to investing in inner cities.”
Lawrence added that she hopes Chase will “continue to lift, empower, and bring economic opportunity to the people of Camden.”
The new location sits along Federal Street near Rutgers University in Camden.
Rutgers-Camden built a new $62.5 million Nursing and Science building in the fall of 2017. The addition has attracted talented students and faculty to Camden, NJ and built upon Greater Philadelphia’s health care and life sciences sectors.