Skip to main content

Greenville Business Magazine

#YeahTHATAgenda: Chase Bank to Open in Greenville, North American Rescue Acquired, Esso Club, Green Fixes That Cause Carbon Problems

Mar 13, 2019 08:00AM ● By Chris Haire
Chase Bank to Open Retail Branch in Greenville Market: Chase announced today that it will expand its retail offerings to Greenville, S.C., along with eight U.S. markets. The banking giant will also open new branches in the previously established markets of Boston, Washington, D.C., and Philadelphia. The new branches are expected to open this summer. 

In 2016 Chase began offering commercial loan services to Greenville, following a move to Charlotte, and in 2018 expanded to the Charleston market.

Greenville Chase customers will have available to them the usual teller offerings, ATM, mobile apps, etc.

The bank will also be hiring an unannounced number of staff, with "entry-level employees in new markets" being "paid no less than $15-$16.50/hour" and receiving "the firm’s full benefits package, which is valued at an average of $12,000 annually per employee in this pay range," according to a company statement. 

JPMorgan Chase is among the "too big to fail" banks; Chase is the consumer and commercial banking business of JPMorgan Chase. In the lead up to the Great Recession in 2008, Chase received a $30 billion loan from the federal government to buy Bear Sterns, according to Investopedia.

Vermont senator and Democratic Party presidential hopeful Bernie Sanders has previously called for the federal government to break up the "too big to fail" banks. 

***

Henry Schein Completes Acquisition Of Greer-based North American Rescue (Cision)

Clemson's Esso Club ranked one of South's top bars by Southern Living (Greenville News)

Rock Hill in play for Panthers headquarters, practice facility (The State)

Trump requests $138 million for SC ports project (The State)

Two-Thirds of the Boeing 737 Max 8 Jets in the World Have Been Pulled From the Skies (NY Times)



Fujifilm buying Biogen biologics plant in Europe (FiercePharma)

Payroll employment little changed in February 2019 (Bureau of Labor and Statistics)

2020 Budget Request Reveals Slow Shift Toward Cyber, Space Warfare (Defense One)

AIA Lays Out Vision For Aerospace & Defense in 2050 (Aviation Week)

When green ‘fixes’ actually increase the carbon footprint (PennToday)

Volkswagen Vows to Build 22 Million E-Cars Over Next Decade (Manufacturing.Net)


The Wire

Coldwell Banker Caine Celebrates Coldwell Banker’s Women’s Choice Award

Modjoul Receives SC Launch, Inc. Investment

To Subscribe to Greenville Business Magazine for $35 a year, click here. 

50 Most Influential
Dr. W. Burke Royster
Greenville County Schools 
Superintendent 

As superintendent of the largest district in South Carolina, Dr. W. Burke Royster has combined meeting students’ diverse individual needs with the expansion of opportunities to earn college credit and industry certifications while still in high school. 

Public-private partnerships developed under his leadership have led to industry apprenticeships, a paid internship initiative with the Greenville Chamber of Commerce, and co-curricular STEM programs that encourage students’ interest in high-demand occupations. 

He has also focused on the whole child by increasing the presence of mental health counselors in schools across GCS and through the expansion of the OnTrack model of student support.
News
Upcoming Events Near You
Greenville Business Magazine