Connecticut
Connecticut To Have 20-Plus Chase Branches After Expansion
CONNECTICUT — Consumers can expect a bigger presence from Chase bank in Connecticut.
Chase Tuesday announced that it will open more than 500 new bank branches, renovate approximately 1,700 locations and hire 3,500 employees over the next three years and Connecticut is fully in the mix.
The goal, Chase officials said, is “to provide greater access to banking and bring affordable and convenient financial services to more customers and communities across the country.”
Chase officials said that, as part of the national branch expansion plan, five more branches in Connecticut are targeted for the next three years. Three have been identified — Groton, Bloomfield and New Britain. The opening comes on the heels of a branch opening in Vernon in October. After expansion, the Chase roster will exceed 20 locations.
Chase officials said the bank will enter several new markets – including low-to-moderate income and rural communities with little access to traditional banking services – and will continue expanding its footprint in locations like Boston, Philadelphia, Charlotte, NC, the Greater Washington region and Minneapolis, MN.
“When we open a branch, we’re not only investing in the financial health of residents, we’re committed to the health and vitality of the entire community,” said Marianne Lake, Chase’s CEO of Consumer and Community Banking. “We work with government and community leaders to help drive sustainable impact. We provide local expertise and support through our branches; we lend to local businesses of all sizes, create jobs and long-term careers, and finance vital amenities that are the cornerstone of healthy neighborhoods such as hospitals, schools, transportation and grocery stores.”
Chase is touting what is calls “the largest branch network in the United States” and bank officials said is the only bank to have branches in all lower 48 states.
Over the past five years, Chase has added more than 650 branches, including 400 locations in 25 new states. When the latest expansion is complete, Chase will have added more than 1,100 branches and hired more than 10,500 employees to its Consumer Bank team since 2018.
Chase also plans to renovate approximately 1,700 locations, bringing the total number of branches that have been renovated since 2021 to 3,000.
Chase also continues to expand its Community Center branches and hire Community Managers who are focused on helping residents improve their financial health and resilience. Community Center branches are locally-inspired and built with extra space to host complimentary community events and financial health workshops, provide skills training and offer a storefront for small business pop-ups.
Chase currently has a strong presence in north central Connecticut and along the central shoreline in the Nutmeg State. Branches include Enfield, Vernon, Storrs, Manchester, South Windsor, East Hartford, Glastonbury, Hartford, Newington, WethersfieldFarmington, Avon, West Hartford, New Haven, Hamden, Orange and Madison.
One person is dead after a motorcycle crash in Old Saybrook early Thursday morning.
The crash happened on School House Road around 1:20 a.m.
The motorcycle was the only vehicle involved in the crash, according to police.
First responders performed life-saving measures on the motorcycle opertator but the person died from their injuries, police said.
Anyone who may have witnessed the crash is asked to contact Officer Charles Moriarty at (860) 395-3142.
BRISTOL, Conn. (WFSB) – A former Connecticut state representative pleaded guilty Wednesday to paying bribes to help his fiancée avoid a state audit of her eye care practice.
Christopher Ziogas, 74, of Bristol, admitted in federal court to conspiracy, bank fraud and lying to federal agents. The former lawmaker represented Connecticut’s 79th Assembly District.
Between January and June 2020, Ziogas worked with Konstantinos Diamantis, a top official in the state’s Office of Policy and Management, court documents show. Diamantis took corrupt payments from Ziogas’s fiancée, Helen Zervas, in exchange for killing a state audit of her Medicaid billing.
Diamantis was found guilty in October on 21 federal corruption charges in a separate case involving school construction projects. He’s facing up to 20 years in prison and will be sentenced Jan. 14.
Zervas owns Family Eye Care in Bristol and knew she had been fraudulently overbilling Medicaid for medical services she didn’t provide or that weren’t needed, prosecutors said.
In January 2020, the state told Zervas it was going to audit her Medicaid billing. Zervas asked Ziogas for help, and he reached out to Diamantis.
On March 4, 2020, Ziogas paid Diamantis a $20,000 bribe. That same day, Zervas’s lawyer sent state officials a settlement offer. The next day, Zervas cut Ziogas a $25,000 check from her business to pay him back.
On March 12, 2020, Ziogas made another $10,000 bribe payment to Diamantis and got reimbursed by Zervas. After Diamantis pressured other state officials, they cancelled the audit and accepted Zervas’s settlement offer on May 1, 2020, court documents say.
On May 12, 2020, Ziogas and Diamantis delivered a settlement check from Family Eye Care for nearly $600,000 to the state. Three days later, Ziogas made a final bribe payment of $65,000 to Diamantis.
Ziogas also committed bank fraud by writing a $5,500 check in November 2019 from a client trust account he managed, made out to Diamantis. He lied to federal agents during their investigation.
Ziogas could face up to 55 years in prison. He was released on $500,000 bond and will be sentenced Feb. 18 in Bridgeport federal court.
Zervas already pleaded guilty to related charges and is waiting to be sentenced. Diamantis is scheduled for trial Jan. 30 in Bridgeport on the Medicaid case.
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