At work in Detroit

Detroit is more than a place where we do business. Our more than 1,800 employees in over 100 branches work hard every day to support the needs and goals of our 1.3 million customers. We work with local community, government and business leaders across the region to increase economic opportunity for more people.

Through strategic business, research, policy and philanthropic efforts, we support skills training and job creation, neighborhood revitalization, small business growth and expand access to affordable housing and financial health resources for residents. Since 2019, we’ve invested $200 million to help accelerate Detroit’s economic recovery.

Detroit International RiverWalk spans 5 ½ miles of riverfront, from the Ambassador Bridge to Gabriel Richard Park. Detroit is the largest city in the state of Michigan. Detroit is known as the birthplace of the automotive industry and an important source of popular music legacies
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Make comebacks happen

For 90 years, JPMorganChase has helped make a lasting impact for Detroiters. See how in a video featuring local Detroit poet Joel Greene.

00:00:00:23 - 00:00:14:12

Speaker 1

This Motor City has seen a long road. Together we've traversed the uncertain unknown. There's a greater story waiting to be told. A community of gold. We make it happen.

 

00:00:15:06 - 00:00:28:15

Speaker 2

For me, Detroit is home. It is where I was born and raised. It is a place where the people hustle hard. We're super resilient. We've gone through a whole lot and have always found a way to bounce back.

 

00:00:29:03 - 00:00:45:06

Speaker 3

I got lucky that I came to this city at the same time JPMorgan Chase was investing in Detroit. That allowed me to get access to capital to rehab these houses. The house is going to go to an actual family. We might have put them on a different trajectory.

 

00:00:45:20 - 00:01:06:14

Speaker 2

JPMorgan Chase has been with the Detroit at Work system almost since our inception, helping to fund the work to transform jobs and training in the city. Detroiters are deserving of jobs that are professional, that provide a long term pathway to other employment opportunities. Because I'm a born and raised Detroiter, I'm proud to serve the community that raised me.

 

00:01:07:00 - 00:01:18:22

Speaker 2

JPMorgan Chase was able to help me grow exponentially within my business. I get to bring my children out to job sites that I’ve worked on and they get to see the revitalization of the city.

 

00:01:19:16 - 00:01:29:14

Speaker 1

Threads of creativity woven into the fabric. The world awaits our unique magic. Let's fill the gaps with grit and passion. By working together

 

00:01:30:00 - 00:01:32:18

Speaker 4

We make it happen.

 

SUPER: Make Comebacks Happen

SUPER: Serving Detroit for 90 Years.

LOGO: JPMorgan Chase

SUPER: jpmorganchase.com/detroit

 

SUPER: Participants compensated.

SUPER: ©2023 JPMorgan Chase & Co. All rights reserved.

Achieving more together in Detroit 

This data is reflective of the impact from the $200 million investment

  • 5K+

    units of affordable housing created or preserved

  • 72K+

    Detroiters placed into apprenticeships, full or part time jobs

  • 16K+

    Detroiters participated in job training programs aligned with high-demand industries

  • 13K+

    Small businesses received capital or technical assistance

  • 15K+

    Detroiters received services to improve their financial health.

10 years of investment in Detroit

What Detroit teaches us about creating opportunity.

 

Insights learned

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Jason Tinsley
“

For years, Detroit has been a source of inspiration and innovation for JPMorganChase when it comes to driving equitable and inclusive growth. We continue to invest in the city’s long-term success by opening more opportunities for our customers, clients and the broader community.

Jason Tinsley

Vice Chair, Michigan J.P. Morgan Private Bank

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Press releases

JPMorgan Chase & Co. Marks 90 Years of Service in Detroit and 10-Year Anniversary of $200 Million Commitment to City’s Economic Recovery

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JPMorgan Chase Announces More than $2 Million to Support Underserved Small Businesses in Detroit

New philanthropic commitments to six organizations serving Detroit will help support growth and development of underserved small businesses across the city

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JPMorgan Chase Exceeds Five-Year, $150 Million Investment in Detroit, Announces New Commitment to Reach $200 Million Total by 2022

Firm to invest in creating more economic opportunity for black Detroiters through job training, small business and home ownership

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JPMorgan Chase’s Investment in Detroit to Reach $150 Million

Pace of Detroit’s progress allowed firm to accelerate initial $100 million investment and make valuable impact on the city’s recovery.

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Two Years in, JPMorgan Chase's $100 Million Commitment Continues to Help Fuel Detroit's Comeback

Firm’s new initiatives include $4 million for preserving affordable housing in neighborhoods, $1.5 million to strengthen job training and summer youth employment and other efforts to support small business growth Financing has already supported $240 million in local community development projects, allowed hundreds of Detroiters to receive job training and provided $1.3 million in loans to minority-owned small businesses

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One Year Later, JPMorgan Chase's $100 Million Commitment Helping to Accelerate Detroit's Recovery

Firm deploys over $34 million in first year and announces new efforts to support community development, neighborhood stabilization, workforce training, small business and economic growth in Detroit

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Our impact

Helping power economic growth by creating opportunities for all through business and community investments, local collaborations and policy advocacy.

Learn more about our impact

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