Chase opens West Baltimore branch, announces small business commitment through larger $20 million investment

JPMorgan Chase has opened one of its few community center-format branches at Mondawmin Mall in West Baltimore and announced Wednesday that the third installment in a $20 million commitment to the city will benefit small businesses. The bank’s community center branch, the first of its kind in Baltimore and one of 14 nationally, will offer mentorship for entrepreneurs, financial health workshops and Wi-Fi for remote learning and work. All programs and services are free and offered to customers and non-customers. JPMorgan Chase said the format is part of a $30 billion effort to help close the racial wealth gap.