Coronavirus causes JPMorgan Chase to temporarily close 20% of bank branches
Financial advisors, small business bankers and home lending advisors, have the ability to work from home
Fox News' Chad Pergram says some senators worry about the financial cost of the third phase of the coronavirus relief bill.
JPMorgan Chase is reducing the number of bank branches that will be open during the coronavirus crisis in order to protect employees and customers.
Starting Thursday, Chase will temporarily close about 20 percent of branches.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
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 | JPMORGAN CHASE & CO. | 224.46 | +0.85 | +0.38% |
Of those branches open, most have drive-up or teller partition glass to further safeguard employees and customers.
FED TAKES STEPS TO HELP BUSINESSES GET SHORT-TERM FUNDING
The remaining 4,000 branches will operate with reduced hours that went into effect on Tuesday.
CLICK HERE TO READ MORE ON FOX BUSINESS
The company has also stepped up branch cleaning practices to help reduce the spread of germs and viruses.