A new bank branch is making a deposit in Brooklyn’s future.
JPMorgan Chase opened a new Boerum Hill branch this week, marking another step in the bank’s expansion across the borough and highlighting its growing partnerships with local nonprofits and community organizations.
The grand opening took place Tuesday morning at 104 Flatbush Ave. and brought together leaders from community groups, higher education and workforce development organizations with representatives from the bank’s leadership team. The event included remarks from local partners who work with the bank on programs focused on economic mobility and financial literacy.
Officials said the new branch aims to make banking services and financial education more accessible to Brooklyn residents while strengthening collaborations with neighborhood organizations.
“Brooklyn is where we’re building what’s next — a deeper partnership with a growth mindset,” said Monica Nation, regional director of Consumer and Community Banking for the Boroughs at JPMorgan Chase. “Our ongoing expansion here is about giving our people room to grow, attracting diverse talent, and delivering for our customers and communities. We’re working shoulder-to-shoulder with local leaders and organizations to bring capital, skills, and resources where they’re needed most — so the momentum in Brooklyn translates into shared prosperity.”
Several community leaders attended the opening, including representatives from Long Island University, IMPACCT Brooklyn, Bedford Central Community Development Corporation, STRIVE, Bedford-Stuyvesant Restoration Corporation and PairGap. The Brooklyn Chamber of Commerce was also in attendance.
Among the guests were Eileen Reid, director of university relations at Long Island University; Jamal Robinson, executive director of IMPACCT Brooklyn; Wayne Devonish, executive director of Bedford Central Community Development Corporation; Ayesha George, executive director of STRIVE New York; Ian Straughter, chief program officer at Bedford-Stuyvesant Restoration Corporation; and Nikki Merkerson, CEO and founder of PairGap.
