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Chase Bank opens in Compton

New bank branch located in Compton Renaissance Plaza COMPTON — Showing that the City of Compton is still on the move, Mayor Aja City officials celebrated the grand opening of a 2,060-square-foot full-service Chase Bank, Nov.

New bank branch located in Compton Renaissance Plaza

COMPTON — Showing that the City of Compton is still on the move, Mayor Aja City officials celebrated the grand opening of a 2,060-square-foot full-service Chase Bank, Nov. 17. Mayor Aja Brown was joined by Councilmembers Janna Zurita, and Emma Sharif, and Compton Renaissance Plaza developers Danny Bakewell, Sr., and Lonnie R. Bunkley in the ribbon-cutting ceremony.

“The opening of Chase in Compton is part of a broader vision for Compton residents,” said Mayor Brown. “We want to see our residents not only have access to banking where they live but to build a stronger financial foundation as a catalyst for transforming Compton.

“We’re continuing to make sure that Compton residents have access to more than just predatory check cashing institutions when it comes to their financial needs,” Brown said.

Open since Nov. 3, during the bank’s construction six local construction workers were hired. Chase has committed to making sure that 30 percent of its hires for the new branch are Compton residents. Currently, there are 18 graduates of Chase’s bank training program employed by Chase, with half of them being Compton residents.

The new Chase Bank Compton branch office is the second new business enterprise to open in the Compton Renaissance Plaza in less than 60 days. Smart & Final Extra opened there in early October.

The Compton Renaissance Plaza is located on Compton Boulevard between Willowbrook Avenue and Alameda Street, and is open for business Monday through Friday from 9 a.m. to 6 p.m., and Saturday 9 a.m. to 4 p.m.

Chase joins OneUnited Bank, Bank of America, Wells Fargo and Bank of the West in local bank branches.

Compton Herald is a digital news publication providing clear, fair and current news, information and commentary about Compton and the Los Angeles metropolitan area of California, and the world.

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