Coronavirus causes JPMorgan Chase to temporarily close 20% of bank branches

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JPMorgan Chase is reducing the number of bank branches that will be open during the coronavirus crisis in order to protect employees and customers.

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Starting Thursday, Chase will temporarily close about 20 percent of branches.

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Employees that serve as financial advisors, small business bankers and home lending advisors, have the ability to work from home.

Ticker Security Last Change Change %
JPM JP MORGAN CHASE & CO. 83.89 -9.87 -10.53%

Of those branches open, most have drive-up or teller partition glass to further safeguard employees and customers.

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The remaining 4,000 branches will operate with reduced hours that went into effect on Tuesday.

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The company has also stepped up branch cleaning practices to help reduce the spread of germs and viruses.

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