Chase is branding its distinctive blue octagon logo on ATMs in more than 300 Walgreens drug stores in Florida, which has increased its Florida ATM network by a multiplier of five.
Chase will eventually have 317 stores in the coming months, mostly in key areas.
The grand total for Chase's ATM presence in Florida will be about 400 ATMs, up from only 70 of which 39 are at Walt Disney World and 13 are at Universal Studios.
Annually, nearly one million people migrate to Florida during the winter season and stay an average of five months, according to a University of Florida Bureau of Economic and Business Research study.
The Florida ATMs expand Chase's long-standing relationship with Walgreens. In 2005, Chase added ATMs at 220 Walgreens stores in Arizona. By year end 2006, Chase expects to have ATMs in 1,200 Walgreens stores in seven states, including 385 in the Chicago area.
Chase, the U.S. consumer and commercial banking brand of JPMorgan Chase & Co., has more than 110 million credit cards issued and serves consumers and small businesses through more than 2,600 bank branches, 7,600 ATMs and 280 mortgage offices as well as through relationships with over 15,000 auto dealerships, and 2,500 schools and universities. It also serves more than 25,000 commercial banking clients, including corporations, municipalities, financial institutions and not-for-profit entities with annual revenues generally ranging from $10 million to $2 billion. Chase has six branches in Florida. More information about Chase is available through chase.com.
Walgreen Co. is the nation's largest drugstore chain with fiscal 2005 sales of $42.2 billion. The company operates 5,271 stores in 45 states and Puerto Rico, and plans to open about 475 new stores nationwide in fiscal 2006. Walgreens also provides additional services to pharmacy patients and prescription drug plans through Walgreens Health Initiatives (a pharmacy benefits manager), Walgreens Mail Service, Walgreens Specialty Pharmacy and Walgreens Home Care. Information about the company is available at walgreens.com.
Cardtronics, the world's largest owner/operator of ATMs, has a U.S. network of more than 26,000 locations operating in every major U.S. market and in all 50 states as well as 1,000 locations throughout the UK. Major merchant-clients include A&P, Duane Reade, Rite Aid, Sunoco, Target and Walgreens.
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