Wounded Vets Receive Keys to Jacksonville Homes from Chase, Military Warriors Support Foundation at TPC

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Two wounded American veterans received keys to mortgage-free homes -- provided by the Military Warriors Support Foundation (MWSF) and donated by Chase – this week during Military Appreciation Day at the Players Championship.

“Veterans who sustained severe injuries while serving our country in Iraq and Afghanistan deserve more than our thanks. That’s why we provide homes and counseling to help the transition to civilian life.”

Both former Marine Lance Cpl. Anthony Sayo and former Army Sgt. Nathaniel Helmuth now will call the Jacksonville area home. They were honored May 11 in a ceremony at the TPC Sawgrass clubhouse attended by PGA Tour Commissioner Tim Finchem and Admiral Gary Roughead, Chief of Naval Operations. PGA Tour professional Jim Furek handed keys to the surprised heroes before an appreciative crowd of active and retired military personnel.

“Chase recognizes the sacrifice and hardships endured by members of our armed services through its support of MWSF’s home donation program,” said Greg Beliles, a Jacksonville-based Chase Home Lending executive and former Army officer and helicopter pilot. “They truly placed a high value on home and family by defending us, and we provide the homes to express our thanks for their service.”

Since early 2010, Chase has donated nine homes to MWSF. The homes typically are valued between $150,000 and $200,000. Chase inspects and rehabilitates the homes, investing up to $30,000 for items like paint, carpet, appliances, landscaping and accessibility options.

“With support from Chase, the Military Warriors Support Foundation can help America’s heroes and their families make a fresh start in homes of their own,” said retired Army Lt. Gen. Leroy Sisco, MWSF chief executive officer. “Veterans who sustained severe injuries while serving our country in Iraq and Afghanistan deserve more than our thanks. That’s why we provide homes and counseling to help the transition to civilian life.”

MWSF’s other signature programs are:

• The CEOS4Heroes employment program for veterans
• Skills4Life, which provides direct family support, including outdoor recreation and family activities

“JPMorgan Chase CEO Jamie Dimon is a great supporter of our American heroes, and we are very proud and honored to partner with a great, caring organization,” said Lt. Gen Sisco.

For additional information about San Antonio-based MWSF, visit http://www.militarywarriors.org/.

Chase offers several programs to help military and veterans. Those programs include:

Reduced Servicemembers Civil Relief Act (SCRA) Pricing - Chase will lower eligible borrowers' effective mortgage interest rate to 4% while on active duty and for a year thereafter.

Military Modification Program - An enhanced modification program for all members of the military who have served on active duty as far back as 9/11/01.

Home Ownership Assistance -

• Chase will not foreclose on any currently deployed military personnel.
• Chase will donate 1,000 homes to servicemembers and veterans over the next five years through our non-profit partners.
• By the end of 2011, Chase will open six new Chase Homeownership Centers in cities near the large military bases.
• Chase will staff all of its Homeownership Centers with employees specifically trained in SCRA, military issues and Chase special military programs.

Jobs

• On March 9, 2011, JPMorgan Chase launched the "100,000 Jobs Mission" with 10 other corporate partners. Collectively, these partners pledge to hire 100,000 transitioning military members and veterans by the end of 2020.

Education and Training

• In close partnership, JPMorgan Chase and Syracuse University will offer a tuition free technology certificate through Syracuse University exclusively for veterans to prepare them for technology careers. The program is available to all military members who have served on active duty going back to 9/11/01.

For more information on the firm's current programs available to military and veterans, visit www.chasemilitary.com.

About Chase

Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with assets of $2.2 trillion and operations in more than 60 countries. JPMorgan Chase has more than 15,000 employees working in Florida and serves consumers and businesses through more than 280 Chase bank branches and 1,200 ATMs across the state. Chase plans to open 37 more Chase bank branches in Florida this year – adding more than 400 jobs to better serve customers. More information about Chase is available at www.chase.com.