JPMorgan Chase Bank, National Association Articles
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JPMorgan Chase Bank, National Association
Headquarters
1111 Polaris Pkwy
Columbus, OH 43240
See all branch locations →
ACH 021000021
Phone 800 935 9935
2023 Overview
General Bank Information
JPMorgan Chase Bank, National Association is an FDIC insured institution located in Columbus, OH. It was founded in 1824 and has approximately $3380.82 billion in assets. Customers can open an account at one of its 5,858 branches.
| FDIC Insured | Yes |
| FDIC Certificate | # 628 |
| Date Established | 1824 |
| Assets | $ 2,147.48 billion |
| Loans | $ 1,098.89 billion |
| Deposits | $ 2,147.48 billion |
| Capital | $ 297.33 billion |
For a more detailed analysis of JPMorgan Chase Bank, National Association's financial condition and a description of what these numbers mean, please visit the Financial Details section.
Deposit Rates - March 23, 2023
Your Current Location: Virginia, VA 20146
| Checking Rates | APY | MIN | FEE | |
|---|---|---|---|---|
| Total Checking | 0.00% | $1,500 | $12.00 | Learn More |
| Premier Plus Checking | 0.01% | $15,000 | $25.00 | Learn More |
JPMorgan Chase Bank, National Association often runs savings promotions for new accounts.
See JPMorgan Chase Bank, National Association current offers here.
Loan Rates - March 23, 2023
Your Current Location: Virginia, VA 20146
| Auto Loan Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 4 Year | 3.59% | 3.59% | $559.90 | |
| 5 Year | 3.49% | 3.49% | $454.68 |
| Refinance Mortgage Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 5 Year Adjustable Conforming See Amortization Table |
6.31% | 6.13% | $1,519.83 | |
| 7 Year Adjustable Conforming See Amortization Table |
6.35% | 6.25% | $1,539.29 | |
| 15 Year Fixed Conforming See Amortization Table |
6.17% | 6.00% | $2,109.64 | |
| 30 Year Fixed Conforming See Amortization Table |
6.84% | 6.75% | $1,621.50 |
| Purchase Mortgage Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 5 Year Adjustable Conforming See Amortization Table |
6.31% | 6.13% | $1,519.83 | |
| 7 Year Adjustable Conforming See Amortization Table |
6.35% | 6.25% | $1,539.29 | |
| 15 Year Fixed Conforming See Amortization Table |
6.13% | 5.99% | $2,108.29 | |
| 30 Year Fixed Conforming See Amortization Table |
6.84% | 6.75% | $1,621.50 | |
Compare with 6.176% APR and 5.990% 30-Year Fixed RATE from PADDIO
See All Mortgage Rates |
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Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.
Branches
JPMorgan Chase Bank, National Association branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.
Your Location:
Ashburn,Virginia
Climate Initiatives
JPMorgan Chase Bank, National Association is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.
Financial Details
JPMorgan Chase Bank, National Association Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of JPMorgan Chase Bank, National Association. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.
Texas Ratio
| JPMorgan Chase Bank, National Association | U.S. Bank Average |
|---|---|
| 2.79% | 8.03% |
The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.
As of September 30, 2022, JPMorgan Chase Bank, National Association had $8,591,000,000 in non-current loans and $205,000,000 in owned real estate. To cover these potential losses it had $297,329,000,000 in equity and $18,177,000,000 in loans loss reserves. That gives it a Texas Ratio of 2.79%.
Return on Equity
| JPMorgan Chase Bank, National Association | U.S. Bank Average |
|---|---|
| 9.54% | 10.00% |
JPMorgan Chase Bank, National Association has a Return on Equity of 9.54% versus the BestCashCow average of 10.00%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.
Capitalization
| JPMorgan Chase Bank, National Association | U.S. Bank Average |
|---|---|
| 13.85% | 9.96% |
JPMorgan Chase Bank, National Association has a Capitalization of 13.85% versus the BestCashCow average of 9.96. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.
JPMorgan Chase Bank, National Association Balance Sheet Analysis
As of September 30, 2022, JPMorgan Chase Bank, National Association had assets of $3,380,824,000,000, loans of $1,098,891,000,000, and deposits of $2,147,483,647,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.
Summary Balance Sheet
September 30, 2022| ASSETS | |
|---|---|
| Cash & Balances due from depository institutions | $ 645.39 billion |
| Interest-bearing balances | $ 621.25 billion |
| Total securities | $ 618.21 billion |
| Federal funds sold and reverse repurchase | $ 345.13 billion |
| Net loans and leases | $ 1,098.89 billion |
| Loan loss allowance | $ 18.18 billion |
| Trading account assets | $ 330.00 billion |
| Bank premises and fixed assets | N.A. |
| Other real estate owned | $ 205.00 million |
| Goodwill and other intangibles | $ 48.68 billion |
| All other assets | $ 206.51 billion |
| Total Assets | $ 2,147.48 billion |
| LIABILITIES | |
|---|---|
| Total deposits | $ 2,147.48 billion |
| Interest-bearing deposits | $ 1,779.44 billion |
| Deposits held in domestic offices | $ 2,079.33 billion |
| % insured (estimated) | 38.91% |
| Federal funds purchased and repurchase agreements | $ 123.93 billion |
| Trading liabilities | $ 133.33 billion |
| Other borrowed funds | $ 100.74 billion |
| Subordinated debt | $ 263.00 million |
| All other liabilities | $ 160.31 billion |
| Total Liabilities | $ 2,147.48 billion |
| Shareholders’ Equity | N.A. |
Summary Income Statement
September 30, 2022| INCOME AND EXPENSES | |
|---|---|
| Total Interest Income | $ 54.70 billion |
| Total Interest Expense | $ 7.19 billion |
| Net interest income | $ 47.51 billion |
| Provision for loan and lease losses | $ 4.08 billion |
| Total non interest income | $ 39.66 billion |
| Total non interest expense | $ 51.14 billion |
| Pre-tax Net Operating Income | $ 19.21 billion |
Bank Loan Profile?
The top three loan types in JPMorgan Chase Bank, National Association’s loan portfolio are 1-4 Family Residential Loans, Commercial and Industrial Loans, and Credit Card Loans.
Compared to other banks in Ohio, JPMorgan Chase Bank, National Association has a significantly higher percent of Credit Card Loans on its balance sheet, potentially indicating a specialty in that lending area.
Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.
| % Loans |
% Comparison to Other Banks |
|||
|---|---|---|---|---|
| Low | Med | High | ||
| 1-4 Family Residential Loans | 22.89 | ✓ | ||
| Multifamily Mortgages |
7.08 | ✓ | ||
| Credit Card Loans | 13.33 | ✓ | ||
| Consumer Auto Loans | 5.38 | ✓ | ||
| Small Business Loans | 0.34 | ✓ | ||
| Construction and Development Loans | 0.86 | ✓ | ||
| Commercial Real Estate | 3.86 | ✓ | ||
| Commercial and Industrial Loans | 17.61 | ✓ | ||
| Farm Loans | 0.08 | ✓ | ||
Customer Reviews for JPMorgan Chase Bank, National Association
Hayley7788d@outlook.com
January 2, 2023 |
Terrible customer service by investment side. Fees too high , too full of themselves
Is this review helpful? Yes:0 / No: 0
Betrayed by Chase
September 7, 2021 |
JP Morgan Chase coorporates with the new US government to freeze foreigner's bank account who are out of the State. JP Morgan Chase misuses the covid pandemic with travel and border restrictions to withhold foreigner's bank accounts who can't get back to the States anymore. They froze my account with 1500 US Dollars and withhold my money. And the best is that the financial regulators such as CFPB support them and ignore complaints.
Is this review helpful? Yes:0 / No: 0
Bob
April 20, 2019 |
Do not even ask about these rates. They will treat you like you are an idiot for asking about such rates.
Is this review helpful? Yes:3 / No: 0
jophus
March 18, 2019
You can not get this rate from your local Chase Bank. I called and was told that they could not qute me a rate on the phone so I drove to my local bank. The bank representative said the best rate they could provide was 2%. Whe I asked him to check with bestcashcow.com, he pulled it up and said there were never authorized to give out any rates above 3%.
Is this review helpful? Yes:3 / No: 0
Darren Devault
December 8, 2016
Credit score of 720
Is this review helpful? Yes:3 / No: 1
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