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Manhattan Beach First Republic Branch Becomes Chase Bank Overnight

Posted on AllSides May 1st, 2023
From The Center

The change stems from a fast-paced series of events over the weekend, but local customers were being assured Monday morning that their money was safe. The bank was the 14th largest U.S. bank with 84 locations across eight states, the New York Times reported. "JPMorgan will protect all deposits, insured and uninsured, bringing our financial strength, capabilities and capital to support First Republic's clients and the U.S. banking system," Chase officials said in a statement. "JPMorgan Chase has been a leader in financial services for more than 200 years, and...

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