JPMorgan Chase's Racial Equity Commitment

JPMorgan Chase's Racial Equity Commitment is sponsored by JPMorgan Chase & Co.. JPMorgan Chase made a $30 billion, five-year Racial Equity Commitment to help close the racial wealth gap and advance economic inclusion for underserved communities in the U.

Our Racial Equity Commitment | JPMorgan Chase Diversity, opportunity & inclusion Chairman and CEO Letter to Shareholders Creating thriving communities together See how our clients and partners—from small business owners to workforce training leaders—work with JPMorganChase to drive meaningful impact and economic growth where they live and work.

Veteran’s Unconventional Path to Landing her Dream Job in Tech U.S. Army Veteran Ashley Wigfall transitioned to a civilian role and charted her path to technologist through mentorship and skills training at the JPMorgan Chase tech hub in Plano, Texas. Chairman and CEO Letter to Shareholders Advancing an inclusive economy We’re committed to supporting communities, including those historically underserved.

JPMorganChase recognizes that our business is only as strong as the communities we serve and the economies we support. In 2020, the Firm announced our $30 billion, five-year Racial Equity Commitment to help close the racial wealth gap and advance economic inclusion for customers and communities that are underserved in the U.S., including Black, Hispanic and Latino customers and communities.

Housing and homeownership We’re supporting small businesses, including those in majority Black, Hispanic and Latino communities, by expanding access to credit and increasing awareness of product offerings. We’re providing complimentary coaching and hosting educational events, community workshops, and business training seminars to support entrepreneurs, and spending more with Black, Hispanic and Latino-owned suppliers.

Reaching $750 Million and Moving Ahead: Building Economic Equity Through Business Diversity Two years ahead of schedule, JPMorgan Chase surpasses its five-year goal of spending an additional $750 million with Black-, Hispanic- and Latino-owned businesses. Shawn goes bananas…with the help of JPMorganChase Providing a helping hand—and financial training—to members of the neurodiverse community.

Serving Up Jobs and Burgers on Chicago’s South Side Building Diversity into the Supply Chain, One Brick at a Time We remain steadfast in our belief that attracting and retaining the best talent and fostering an inclusive culture strengthens business and community trust.

We achieved success as a company through offering great products and services to a broad range of clients, and investing in communities where our customers live and operate. Introducing a Career-Readiness Curriculum to Help More D. C.

School Students Succeed A look at JPMorgan Chase’s partnership with Youth Guidance—a collaboration that is delivering intensive academic, social, emotional and career readiness programming to hundreds of Black, Hispanic and Latino young men in the District of Columbia.

A $3 Million Investment Delivers Academic Opportunities to Thousands of Dallas Students Dallas County Promise—with the help of JPMorgan Chase—is helping thousands of Dallas students achieve their dream If these walls could talk: Detroit Homeownership and housing We are expanding access to credit through our products and programs, creating awareness and dispelling myths about homeownership, and participating in policy reform to further foster inclusive growth.

Additionally, we are working with public and private resources to support the creation and preservation of affordable rental housing. Community Developers Bring Affordable Homes Closer to Work How JPMorgan Chase is supporting community developer Buwa Binitie’s fight against the housing crisis and strengthening D. C.

’s communities A decades-old vacant building is now a vital neighborhood health hub With support from JPMorganChase, a local developer brings a much-needed healthcare center to Chicago’s Auburn Gresham community.

A $6 Million Dallas Investment Puts Equitable Development in Action How a coalition of real estate and finance experts, architects, attorneys, and more are banding together to make development in Southern Dallas more inclusive and equitable Transforming Abandoned Lots Into Affordable Homes Abandoned lots in Chicago’s South Side are being transformed into affordable homes using modular construction to boost homeownership for residents.

We’re expanding access to banking and financial resources by opening more branches, including Community Center branches, which host community events, financial health workshops, skills training and small business pop-up events. Our 150 Community Managers host interactive programs and connect community members with experts on topics such as budget building, understanding credit, saving, investing and homeownership.

In Detroit’s Corktown, a New Banking Model Opens Doors for the Community Residents and local business owners in Detroit’s oldest neighborhood now have access to more financial health products and services to strengthen their community, with a new Chase Community Branch.

The Community Bank That’s Powering One of the Fastest Growing Regions in America With support from JPMorganChase, Rio Bank was able to expand access to capital and provide financial health workshops to residents of South Texas. A Dallas Chase Branch is Reinventing Banking for Residents Chase Community Managers help empower customers in their financial journey.

Helping Cincinnati Residents Meet Financial Goals Requires Authenticity and Access While we have invested and financed more than $30 billion toward elements identified in our Racial Equity Commitment, we remain encouraged by the progress achieved thus far and continue to help all communities succeed.

Affordable rental units preserved Units of affordable housing constructed or rehabilitated Of incremental Low Income Housing Tax Credit investments Incremental loans to businesses in majority Black, Hispanic and Latino communities Net new low-cost checking accounts with no overdraft fees Community Center branches opened Branches opened in low-to-moderate income areas We're making it easier for customers to achieve homeownership by offering a homebuyer grant up to $7,500 in select areas, plus a low down payment.

Mortgage refinancing support We're helping homeowners save money on their monthly mortgage payments by committing up to $4 billion in refinancing loans. Access to affordable banking We’re helping one million people open low-cost checking or savings accounts. We support business owners through one-on-one coaching, educational events, banking solutions and more.

Building a diverse supplier pipeline We’re fostering the development of small and diverse businesses from historically underrepresented groups and working closely with them to facilitate their growth and success over time.

JPMorgan Chase Releases $30 Billion Racial Equity Commitment Audit Report JPMorgan Chase Commits $30 Million to Support Historically Black Colleges and Universities and Students JPMorgan Chase Delivers Over $1 Billion in Community Development Financing Chase Expands Community Branches, Local Hiring to Improve Access to Banking and Financial Health JPMorgan Chase Provides an Update on its $30 Billion Racial Equity Commitment These initiatives aim to benefit customers, communities, and our business, and are conducted in accordance with our generally applicable underwriting and product terms.

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