The USA's other four big banks include Citigroup, Bank of America, and Wells Fargo.
The Chase location at 75 Reaville Avenue in Flemington, Hunterdon County, was nearing the end of its lease.
According to a press statement from a JPMorgan Chase representative, "As we continue to optimize our distribution network, it was decided that the Flemington branch, which is coming up on a natural lease expiry in the first half of 2024, will be closing."
Bank clientele will have access to Chase's North Flemington branch, approximately 3 miles away.
While some branches close, JPMorgan Chase has also opened offices. A new Chase bank started operating at 1510 Sullivan Trail in Forks Township this month.
Banks across America have shuttered locations as customers transition to digital services. The closing of the Chase branch in Flemington is indicative of the increasing economic challenges of various business operations around the country.