JPMorgan Chase & Co Stock July 2012

 

JPM is having a good week on the New York Stock Exchange.  JPM opened the week around 33 and has moved up everyday.  Today the stock closed at 35.81 up 1.82% on the day.  This is a far cry from the year high when it topped out around 46 at the end of March and early April.  JPMorgan Chase & Co started its downward spiral in the 1st week of May.  JPM started May around 42/43 and ended up at 31/32.  The banking industry which was off to a great start in 2012 is about par for the year.  Many experts believe we will see back and forth swings like this for the next year or two as the market goes through a state of flux.  Some talking heads are calling for major banks (like JPMorgan Chase & Co) to be broken up and divided into smaller banks to prevent another economic collapse like we saw in the 2008.  We here at myaccountchasecom.net believe a simple fix is needed and that involves voting out the Food Stamp President this fall.  Obama promised change and all we got was the same… high unemployment and a miserable economy not to mention a broken health care system.  Thanks Obama.  Elect Romney in 2012 and thank us later.

Chase Freedom vs Discover More Card

 

In the blue corner we have the Chase Freedom Card in the red corner we have the Discover More Card card… touch gloves and fight!

Two of the more popular cash back credit cards go head to head in this article to determine which gives you the most cash back for you buck.

The Chase Freedom Card:

5% cash back in rotating categories to include Gas stations, Amazon.com, grocery stores, dining, hotels, home furnishings, car rentals, home improvement, drugstores, childcare, education, airfare, car rentals, utilities and hotels.

1% cash back on all other purchases.

No Annual Fee

Discover More Card:

5% cash back in rotating categories to include restaurants, airlines, movie theatres, movie rentals, grocery stores, department stores, clothing stores, home improvement stores, gas stations, cruises and hotels.

1% cash back on all other pruchases.

No Annual Fee

As you can see they are the exact same card just under different names.  So who wins?

Chase Freedom due to the outstanding customer service.

Contact Chase:

 

Chase Bank Corporate Office | Headquarters
270 Park Avenue Floor 12 New York, NY 10017
(212)270-6000

For questions about Online or Mobile Banking, call 1-877-CHASEPC (1-877-242-7372)
Outside the U.S.: 1-713-262-3300.
For Deaf and Hard of Hearing customers using Operator Relay Services call 1-866-443-0910, or if using TDD/TTY machines call 1-800-CHASETD (1-800-242-7383)

For members of the US Military call 1-877-469-0110 .

online banking:

www.MyAccount.Chase.com

A History of Chase Bank

 

The history of Chase Bank started in 1799 and it was located in New York. Over the years the name has changed several times, but the company itself has remained loyal to their costumers and their satisfaction. Online banking can be found at www.myaccount.chase.com.  This is what has made Chase Bank what it is today. A few of the other banks that proceeded JPMorgan Chase & Co. are, but not limited to, J.P. Morgan & Co., The Chase Manhattan Bank, Bank One, Manufacturers Hanover Trust Co., etc… The banks rich services and their wonderful Chase history have earned them millions of clients in the United States of America. Among these clients are some of the world’s well respected corporate, international, and government personnel.

The Manhattan Company was the beginning of Chase History and was the first Chase Bank. Banks were founded after the Revolutionary war to help lend and borrow money for America’s new found freedom for the British. In 1799 Aaron Burr started the Manhattan Company to create a type of competition because there was only 1 commercial bank in all of New York City.

The Manhattan Company actually started because they wanted to help earn a state charter that would allow the residence of lower Manhattan to create a water system that would provide fresh water. Once Burr was awarded the State Charter he moved on to getting the approval to open the bank to help fund the company that would supply the water. The water plant died out after they built the water system, but the bank lived on.
Time Goes On

As America grew and became closer to what we know as the United States of America so did the number of banks. Many were seeking the aid of the banks to help build American dreams. JPMorgan Chase can be connected with some of the more propionate banks during the 1800’s.  As time continued so did the history of Chase Bank. Shortly after the civil war began many banks began to open their doors to help fund the war. Some of these banks survived while others were less fortunate. They can be linked to The First National Bank of Chicago, which was quit outstanding since many did not want to take on the responsibility of applying to become a national bank. Soon after the war there was an economic downfall and John Thompson decided to open Chase National Bank in a one room office in 1877. The History of Chase Bank has descended from here.  Enjoy myaccount.chase.com.