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We've calculated that the average salary at Bank One is $45K based on 159 user-submitted salaries A total of 127 Bank One employees gave Bank One an average happiness rating of 4.0 out of 5.0.

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Bank One Careers & Info

CEO: Jamie Dimon

Bank One Corporation was founded in 1863 in Ohio. In 1998, the company moved from Columbus, Ohio, to Chicago after a merger with First Chicago NBD. After several subsequent mergers, the company became the sixth largest bank in the United States. In 2004, the bank merged with JP Morgan Chase and Company and has been known by this name since that time. Before the merger, the bank operated its headquarters out of Chicago, Illinois, from the Bank One Plaza that is now known as the Chase Tower.

The company primarily focused on financial services when they operated under the name of Bank One. Under the name of JPMorgan Chase and Company, the company focuses on securities, retail and investments. Bank One and JPMorgan Chase possess assets of $2 trillion. Chase operates one of the largest hedge fund units in the world. Now that JPMorgan Chase has merged with Bank One, Bear Stearns, Chase Manhattan Bank and Washington Mutual, the company is ranked as one of the four largest banks in the United States. Bank One with JPMorgan Chase is now headquartered in New York.

Bank One Corporation’s initial merger with First Chicago NBD in 1998 was considered a failure by many experts until Jamie Dimon was named CEO of Bank One. He was the former President of Citigroup before taking the position at Bank One. Dimon made several changes to Bank One Corporation that prepared the bank for a viable merger with JPMorgan Chase. His primary focus was on revamping the technology in the company to make Bank One a more efficient company.

Since Bank One Corporation is defunct, Bank One careers are no longer a topic of discussion. Potential candidates interested in working at Bank One should consider the JPMorgan Chase culture rather than the Bank One culture. Some Bank One benefits and other highlights of Bank One prior to 2004 will be discussed to provide a historical data point for the company. Since the CEO of JP Morgan Chase is also Jamie Dimon, former CEO of Bank One prior to the merger, some of the same principles that the company developed before the merger remain the same.

Prior to the merger, employees valued the mentorship that the leadership provided to the company. Bank One also focused on diversity in the company. The company helped children in the community, small businesses and military veterans. In fact, the company donated $25 million to help small businesses and vowed to help military and their families if the government shut down.

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