JPMorgan Chase & Co. Reports 3% Drop In ATMs

By JPMorgan Chase & Co.

Published April 17, 2009, 1:00 a.m. EDT

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Updated April 17, 2009, 12:00 a.m. EDT

1 Min Read

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JPMorgan Chase & Co., the nation's second largest bank owner of ATMs, reported a drop in its number of ATMs during the first quarter ended March 31 compared with the fourth quarter of 2008. In its quarterly report, New York-based Chase said it owned 14,159 ATMs, down 2.9% compared with 14,568 machines in last year's fourth quarter. Chase did not provide an explanation for the decrease. In the first quarter of 2008, Chase owned 9,237 ATMs, before the bank purchased Washington Mutual, the Seattle-based thrift, and its 4,962 ATMs. Chase agreed to purchase Washington Mutual last September.

JPMorgan Chase & Co.

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