JPMorgan Chase Bank is planning to expand its Connecticut presence with a new branch in Simsbury.
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JPMorgan Chase Bank is planning to expand its Connecticut presence with a new branch in Simsbury.
The money-center bank has filed an application with Simsbury’s Zoning Commission, on behalf of property owner Gradbros Hopmeadow LLC, to construct a 3,432-square-foot bank building at 730 Hopmeadow St.
The 0.63-acre site, located at the corner of Hopmeadow Street and Jim Gallagher Way, is currently vacant following the demolition of a fire-damaged building in 2025.
Plans show the building positioned near the front of the lot, with about 20 parking spaces located behind it and a drive-up ATM along the north side of the structure. Access to the site would include an entrance and exit on Jim Gallagher Way, along with a proposed exit-only curb cut onto Hopmeadow Street.
Town planning staff said the project meets zoning requirements for the Simsbury Center zone, where bank uses are permitted as office uses.
The Zoning Commission is scheduled to take up the application at its April 6 meeting.
The Simsbury proposal comes as Chase continues to expand its branch network in Connecticut. The bank said in 2025 it planned to open five new locations statewide over two years, adding to a footprint that has grown to more than 60 branches since entering the state in 2019.
As of June 30, 2025, Chase Bank had 63 branches in Connecticut and $8.6 billion in deposits, making it the fifth largest bank in the state, based on deposit market share.
