JPMorgan Chase CEO Jamie Dimon's annual letter shouts out the bank's operations in Ohio where more than 20,000 people work.
"When JPMorgan Chase does business in a community, we do more than just open branches," Dimon said in the letter."We lend to small, midsized and big businesses; we hire, pay well and provide great benefits; and we finance hospitals, schools, grocery stores, homes, automobiles and governments.
Chase said it is the primary bank for the city of Columbus and that it serves as the bank for nearly 50 counties, cities and school districts across Ohio. Ohio State University also is a client. The bank's national $30 billion racial equity commitment includes more than $260 million in spending across the state. Of that, $163 million has been used for loans for Black, Hispanic and Latino households to buy or refinance a home and $12 million spent on Black, Hispanic and Latino suppliers.
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