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  • The Oak Ridger

    Chase Bank plans to open a full-service branch in Oak Ridge

    By Myron Thompson, Knoxville News Sentinel,

    21 hours ago

    Chase Bank announced in February it planned to open 500 new branches nationwide and hire 3,500 employees over the next three years, including deeper into Tennessee.

    Plans are underway for a branch to open in Oak Ridge before the end of the year. The new branch, now under construction, will be located at 235 S. Illinois Ave. - near the Petro's Chili & Chips location.

    Following the expansion in the Nashville and Memphis markets and one branch near Knoxville, Chase will open five to six more branches in East Tennessee by the end of 2026. The 11242 Kingston Pike branch in Farragut opened in April and another branch at 503 Foothills Plaza in Maryville opened in May. Another is opening in November at 7923 Kingston Pike near Trader Joe's.

    Like the Oak Ridge branch, all of the new branches will have full banking services and function as advice and loan centers for investors, small businesses and homeowners.

    “We’ve felt so welcome by the Knoxville community. Our new branches in the area have been very successful, showing us the need for more Chase locations to meet the strong demand,” said A.D. Lavalle, Chase’s market director of banking for Knoxville.

    https://img.particlenews.com/image.php?url=4SNFY6_0uboTrR200

    The East Tennessee branches will have self-service centers with interior and drive-up ATMs, but no safe deposit boxes.

    The hours will be 9 a.m. to 5 p.m. Monday through Friday and 9 a.m. to 1 p.m. Saturday.

    Employees will be paid at least $20 an hour with health and retirement benefits.

    This article originally appeared on Knoxville News Sentinel: Chase Bank plans to open a full-service branch in Oak Ridge

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