Chase bank opens at former Krispy Kreme location in Saco

SACO —  JP Morgan Chase opened a retail branch at 520 Main St., at the former Krispy Kreme location.

The opening, which was announced on Friday, marks the first Chase retail branch in Saco and the third in Maine. Chase opened branches in Portland and Westbrook last year, and has plans for two more branches in Maine.

Doreen Warren, Chase Market Director for New Hampshire, Vermont and Maine said that JP Morgan Chase has long viewed Saco as an ideal place for a retail branch.

 “We look forward to building new relationships and helping our customers during life’s most important moments, like opening their first savings account, buying their first home or planning for retirement,” said Warren in a written statement.

This new branch offers the full suite of Chase services including business banking, home lending and Chase Private Client services, according to a press release from JP Morgan Chase. Bank officials say it also has state-of-the-art banking technology, including a digital access bar, smart ATMS and free WIFI.

“We have a fantastic team of bankers here in Saco who are dedicated to meeting the needs of our customers,” said Ashley Walsh, Saco branch manager in a written statement. “We want to be where our customers live and work which is why we’re excited to be growing our presence here in Maine.”

Chase officials said the new retail locations in Maine will create 50 local jobs, including bankers, branch managers, business bankers and financial advisors.

“When Chase enters a community, we bring the resources of a global institution with a focus on local solutions,” said Walsh. “In addition to going above and beyond to serve our customers, we are going to engage and collaborate with our neighbors to create more equitable economic growth here in Maine.”

Chase’s expansion in Maine adds retail and business banking to the state where the firm serves more than 214,000 customers and more than 3,000 business clients, according to the written statement from JP Chase Morgan.

Publisher Liz Gotthelf can be reached at newsdesk@sacobaynews.com.