On Thursday, May 6, Chase Bank (on the corner of Crenshaw Blvd. and Vernon Blvd.) marked the grand opening of its first community center branch in California, a completely redesigned banking experience for the South Los Angeles community in the Crenshaw District.
The new branch has a focus on helping people of color and small businesses owners in underserved communities.
The new community center is part of JPMorgan Chase’s $30 billion five-year commitment to advance racial equity and close the racial wealth gap by bringing more opportunities to diverse and underserved communities, like South Los Angeles where 19% of the people live below the poverty line.