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Situated at 15 S. 52nd St., at 6,000 square feet the branch is more than three times the size of a normal Chase store. It occupies the former home of an original Philadelphia Savings Fund Society location.
It is also located in the commercial spine of West Philadelphia, which has been plagued by violent crime in recent years. The Enterprise Center recently unveiled a $125 million plan to revitalize the 52nd Street business corridor and the organization's president, Della Clark, said the new Chase location will fit nicely into that plan.
Chase's new community-inspired branch offers free financial health resources like skills training, local pop-up shops, and fintech innovation for area residents and small businesses. It is one of just 15 such locations across the bank's 4,700-branch footprint in the U.S. It is intended to be half community center and half traditional bank branch. Among the services it provides are:
- Growth support for local entrepreneurs starting or expanding their small business.
- Mentoring for entrepreneurs and access to a pop-up space to display and sell their merchandise.
- A new community “living room” area and events space.
- Workshops to build financial health — including sessions on saving, budgeting and building credit.
- A free use tech bar space and Wi-Fi for community groups and residents to utilize for remote learning and work