JPMorgan Chase will significantly expand its national "Community Center" program, the bank said Thursday, with plans to double the number of these specialized branches the bank operates particularly in low-income neighborhoods.

Along with doubling the number of Community Center branches, the bank plans to hire an additional 150 employees, known as community managers, and provide additional programming at these locations.

The Community Center program focuses on Chase opening branches in low- and moderate-income communities, particularly in areas where residents may be underbanked or unbanked.