#10. Chase Bank USA, National Association (4.155%)
Chase Bank USA, National Association
200 White Clay Center Drive
Newark, DE 19711 http://www.chase.com
Background
"Chase Bank USA, National Association" was established in 1982 and currently headquartered in Newark, DE. Chase Bank USA, National Association became an FDIC insured institution in 1982. Chase Bank USA, National Association, formerly known as Chase Manhattan Bank USA NA, provides financial services, which includes commercial banking. JPMORGAN CHASE & CO. is Chase Bank USA, National Association’s parent holding company.
FDIC Certificate #
23702
Bank Charter Class
Commercial Bank
Asset Concentration
Credit Card Specialization
Product Specialty
Credit Card Services
Key Information & News
Number of Branches: 3 office in the U.S.
Number of Employees: 18,341 employees.
Executives
President
Keith W. Schuck
CFO
Raymond L. Fischer
VP
Brian W. Barlett
2009 News
Girard Gibbs LLP Files Class Action Lawsuit Against Chase Bank USA, National Association for Forcing Customers to Give up Fixed Rates or Face Additional Charges. (February 23rd, 2009).
Green Welling LLP filed two class action lawsuits regarding promotional offers from Chase Bank USA, National Association that promised a low interest rate for the life of the loan or until paid off. Chase used the promise of these low fixed rates for the life of the loan to induce consumers to transfer their balances from other credit card accounts to a Chase account. In November 2008, Chase sent its customers a notice stating that the minimum monthly payments would go up by 150%, from 2% of the balance to 5% of the balance, according to the document. (March 5th, 2009).
