Chase Bank is the United States' consumer and commercial banking division of JPMorgan Chase & Co. Chase Bank provides a broad range of retail banking products and services, including personal banking, small business lending, mortgages, credit cards, auto financing and investment advice.
Chase Bank USA, National Association has Category B banking license number 95039 issued by the Cayman Islands Monetary Authority. This type of license allows Chase Bank USA, National Association to conduct banking operations with non-residents and domestic banking business with other Cayman Islands licenced entities.
There is no deposit guarantee scheme in the Cayman Islands: in the case of Chase Bank USA, National Association failure its depositors will not get any compensation.
Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.
There is no deposit guarantee scheme in the Cayman Islands.
In the case of Chase Bank USA, National Association failure its depositors will not be paid out any compensation.