Chase's $40K Donation Empowers Students' Job Training at Ascent

27 July 2023 27.07.2023
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Chase's $40K Donation Empowers Students' Job Training at Ascent

Transforming Lives

JP Morgan Chase, one of Ouachita Parish's largest employers, is commemorating its 30th anniversary in Monroe, Louisiana. To mark this milestone, the company is making a significant investment of $40,000 to Ascent Health, supporting local students in job training certification fees.

Investing in Local Students

JP Morgan Chase donates $40,000 to Ascent Health, empowering local students' job training in Ouachita Parish and Monroe City School Systems.

Evolution and Growth

In Monroe, JP Morgan Chase's journey started in 1993 when they acquired Troy Nichols from First Gibraltar Mortgage Holdings. Since 1982, the operation has grown, adding $10 billion of residential mortgage loans to the center's servicing portfolio of $48 billion. In 1994, it became Chase Manhattan Mortgage and later evolved into today's Chase Home Lending.

A Pillar of the Community

JP Morgan Chase is a vital employer in Northeast Louisiana with over 1,000 employees at the Monroe campus. They focus on mortgage servicing (75%) and consumer originations plus auto financing (25%). A true hero of Monroe and its region.

Chase's Impactful Community Partnership

JP Morgan Chase goes beyond business operations and proactively engages with the community as an active partner. They demonstrate a deep commitment to fostering inclusive growth throughout Northeast Louisiana by supporting various local organizations. Their dedication to social responsibility extends beyond financial contributions to active volunteerism, which often goes unrecognized.

Heartfelt Appreciation

Roy Heatherly, President CEO of the Monroe Chamber of Commerce, hails Chase and their local team as unsung heroes of Monroe and Northeast Louisiana. Their financial support and volunteer efforts make them instrumental in making every day beautiful in Monroe, Louisiana.

Empowering Employees to Make a Difference

JP Morgan Chase's commitment to community impact is reflected in Torrence Sampson's words, a Consultant at Custody Services. Working at Chase, he receives support from colleagues and supervisors while making a positive community impact through programs like Chase Leadership Academy and B.O.L.D. involvement.

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