JPMorganChase said Wednesday it plans to open more than 160 new bank branches in over three dozen states—and renovate nearly 600 more—as part of a nationwide, multibillion-dollar push for more affordable financial services.

Those branches will include locations in rural and low-to-moderate income (LMI) communities in the Northeast, the Southeast, America’s “Heartland” or the Midwest, and the Southwest—including in North and South Carolina, Florida, Pennsylvania, Kansas,........

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