JPMorgan Chase to Support Communities Affected by Hurricane Florence
Hurricane Florence has caused deadly flooding across the Carolinas, and about 500,000 homes and businesses remain without power.
To help with relief efforts, small business and economic recovery, JPMorgan Chase is providing a total of $500,000 to the Foundation for the Carolinas, the Carolina Small Business Development Fund and the Mercy Corps.
On Sept. 19, the company will also launch a special campaign to match employee donations to these organizations.
“Here’s a special thank you to all of our colleagues who worked tirelessly to prepare our employees and facilities so we can continue to serve our clients and communities,” said Mel Martinez, chairman of the Southeast U.S. and Latin America.
In counties that the Federal Emergency Management Agency (FEMA) has declared for Individual Assistance, JPMorgan Chase is waiving some consumer and business banking fees and reaching out to customers with mortgages and home equity loans to offer additional support.
“We will continue to support our colleagues, customers and communities in the coming days as they learn what they’ll need,” Martinez said.