JPMorgan Chase is opening their first retail branch on Woodbury Avenue in Portsmouth on Tuesday.

“We look forward to building new relationships and helping our customers during life’s most important moments, like opening their first savings account, buying their first home or planning for retirement,”  said Laura Cortese, Chase Market Director for New Hampshire, Vermont and Maine.

Leaders at JPMorgan Chase plan to work with community partners to help drive inclusive economic growth on the Seacoast.

Through the Cities for Financial Empowerment Fund, the bank supports Bank On New Hampshire, a program that ensures unbanked low-and-moderate-income families have access to banking resources and tools to improve their financial wellness.

“In addition to going above and beyond to serve our customers, we are going to engage and collaborate with our neighbors to create more equitable economic growth here in New Hampshire,” Cortese said in a statement.

Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co., a financial services firm with assets of $3.4 trillion and operations worldwide.

In New Hampshire, more than 300,000 customers and over 12,000 business clients are served by Chase, according to a press release.

The Portsmouth branch will offer the full suite of Chase services, including business banking, home lending and Chase Private Client services.

Portsmouth Branch Manager Jonathan Lakaszcyck says they have a team of bankers who are dedicated to meeting the needs of their customers.

“We want to be where our customers live and work which is why we’re excited to be growing our presence here in the Seacoast region,”  Lakaszcyck said in a statement.

Company leaders are looking to hire about 50 people to support their growth.

The Portsmouth branch follows two Chase locations that have opened in Nashua and one new location in Salem’s Tuscan Villages.

There are plans to open a branch in Manchester later this year.

Contact Managing News Editor Kimberley Haas at Kimberley.Haas@townsquaremedia.com.

Solve These New Hampshire Clues from 'Jeopardy!'