How can the new Chase Los Angeles branch with community impact at Crenshaw help you reach your financial goals? – Explica .co
King of Jordan
Have you ever worked with your local bank branch team, virtually or in person? From opening a bank account or line of credit to exploring mortgage financing and small business lending options, your new Chase Community Impact branch at 4401 Crenshaw Boulevard is in tune with the needs of the financial well-being of your community, with a local team ready to help. reach your next goal.
But we don’t do it alone. With the help of nonprofit partners who understand and are committed to leading the change, as well as newly hired community managers who will serve as trainers and advocates, we are assembling a team of allies at the bank to lead. effectively change if necessary. Together, we’re launching tools and resources to help you, your family and your community achieve the financial future you want, no matter what stage in your financial journey.
We spoke with Chase’s new Community Manager Jordan King to discuss our plans to help Latin American communities in Los Angeles grow, the expected changes to our new location, and how you can. work with him. to track your progress and reach your financial goals.
How is the new Chase Community Impact branch different from other Chase branches?
King: Chase’s new Los Angeles Community Impact branch has been specially designed to meet the unique needs of our city’s Latino community. We want
evolve from community banking to community development and, for that, we must work actively
to reverse systemic inequalities across the financial system, break down economic barriers and support
the success of our customers and our community. For starters, we plan to provide a space that caters to the financial well-being of the community through organized community events, financial workshops such as Chase Chats, job training, and temporary small businesses all designed for you. help achieve your financial goals.
How do you hope to financially empower the Latino community of Crenshaw?
King: We are here to give members and businesses of the Latin American community the tools to develop the generational legacy and a lasting legacy. Awareness and accessibility are essential, and we see the local branch as a great place to start fostering these vital connections and points of contact with the community. As a community manager, my job is to connect with individuals, families and businesses here in Los Angeles and to increase awareness and use of available resources. Throughout your financial journey, my team and I will help you and others in your neighborhood benefit from financial health tools, products and services while aiming to increase overall financial literacy through programs. unique and free interactives, such as:
Resources to support financial health Tips for buying a home Educational and enriching workshops, such as resume writing and cybersecurity tips Support the growth of entrepreneurs who are starting or expanding their small businesses
As we are just getting started, I hope to make a real difference in the lives of families, individuals, owners and business owners in our community.
What financial opportunities will you offer Latin American communities here in Los Angeles?
King: We want to promote financial health, home ownership, and Latin American-owned businesses.
One of our first priorities will be to help members of our community to open a checking account for the first time, as this is the key to financial stability and essential for filling the gaps in access to banking services. To do this, we’ll walk you through our low-cost, overdraft-free checking accounts, such as Chase Secure Banking, which can provide security for those who may be new to banking or have had difficulty obtaining or maintain an account. Bank
in the past.
My team is also responsible for promoting the growth of Latin American small businesses, which means we will help local entrepreneurs get loans. We’ve also brought in home loan advisors who are working hard to help more community members get the funds they need to become affordable and sustainable homeowners.
You mentioned that another of the directorate’s goals with community impact is “community development”. How are you going to do in Los Angeles?
King: A priority for us is to work with nonprofits and local organizations that understand the issues facing our community and are committed to fostering change.
For example, JPMorgan Chase recently made a $ 1 million pledge to help the Los Angeles office of the Local Initiatives Support Society (LISC) launch the Ascend model in Los Angeles. The Ascend Initiative provides access to capital and business education to a variety of small businesses. This is just one example of our partnerships, but it illustrates our local commitments to equity and broader economic opportunity for African American and Latin American communities here in Los Angeles.
Our staff will also play an important role in this regard, not only from Los Angeles, but also from the local Latin American communities we call home, and a reflection of them.
Tell us about you
I was born and raised here in Los Angeles. My mom was a single mom and I was raised while working as a doctor at King-Drew Medical after immigrating from Jamaica. She was the first in our family to pursue the American Dream in California, and she landed here in South Los Angeles. She inspired me every day. So making the most of what is offered to you and the opportunities you receive in our community is my personal and professional passion as it is clear that we have growth ahead of us. My goal every day is to make sure everyone in our community is aware of the opportunities that we have before us.
Visit our Crenshaw Community Center at 4401 Crenshaw Boulevard to learn more about the resources available. My team and I are looking forward to meeting you.