2011 Corporate Responsibility Report - JPMorgan Chase

to every military applicant within five
business days. In 2011, JPMorgan Chase
hired more than 3,000 veterans — that’s
a rate of about 10 veterans a day.
JPMorgan Chase is not just promising
to hire military talent — we are equally
committed to providing the veterans we
hire with the resources and training they
need to perform successfully in their new
jobs and to be positioned for success over
the course of their careers.
We promote the economic growth and
development of veteran-owned businesses
and review veteran status as part of our
selection criteria for suppliers. Our firm
is a Three Star Corporate Member of
the National Veteran-Owned Business
Association, has a seat on its Corporate
Advisory Council and participates in
veteran-owned business tradeshows.
Our commitment to our employee
veterans extends to those who serve
in the Guard or Reserve. Employees
recalled to active duty receive their full
JPMorgan Chase salary for their entire
active duty period as well as many other
benefits, including 401(k) savings plan and
retirement plan benefits, vacation and sick
day accrual and life insurance.
MILITARY AND VETERAN
HOMEOWNERSHIP
JPMorgan Chase is committed to
keeping people in their homes and
helping veterans own homes.
Awarding Mortgage-Free Homes
We have promised to award 1,000
mortgage-free homes to deserving
veterans and their families over the next
five years through nonprofit organizations.
In 2011, we provided 85 mortgage-free
homes to the Military Warriors Support
Foundation to be awarded to wounded
veterans and their families. Two new
nonprofits, Operation Homefront and
Building Homes for Heroes, have recently
joined the effort as we continue to seek
additional organizations to expand our
ability to award homes.
Mortgage Assistance
Chase has opened 82 Chase
Homeownership Centers (CHOCs) across
the country to provide one-on-one
assistance for homeowners struggling
with their mortgage payments. Open six
days a week and with evening hours, the
CHOCs reflect Chase’s commitment to
families affected by the nation’s economic
challenges. Six Centers are specifically
dedicated to serving the military and are
staffed with military veterans and family
members trained to address specific needs
of the military community, including the
Servicemembers Civil Relief Act (SCRA).
Chase has opened 82 Chase Homeownership Centers across the country to provide one-on-one assistance for homeowners struggling
with their mortgage payments. In 2011, we opened six Centers specifically dedicated to serving the military, staffed with military
veterans and family members. We also hosted 10 financial counseling and outreach events for military borrowers.
Lakewood/Joint
Base Lewis-McChord,
Washington State
Ft. Hood, Texas Naval Station
Norfolk, Virginia
Ft. Bragg/Pope
Air Force Base,
North Carolina
Camp Lejeune,
North Carolina
Ft. Campbell,
Kentucky
2011 CORPORATE RESPONSIBILITY REPORT 31