JPMorgan Chase is quickly building a franchise in Massachusetts.

Two months after receiving permission to open three branches in Boston and the surrounding area, the banking giant has filed applications to open two more branches in the Greater Boston area.

One of those would be at 560 Arsenal St. in Watertown and the other would be at 875 Providence Highway in Dedham, according to a recent activity report from the Massachusetts Division of Banks. The three branches that have already been approved by the DOB will be located at at 800 Boylston St. and 1 Winter St. in Boston, and 1364 Beacon St. in Brookline.

The branch announcements come after JPMorgan Chase announced in January a broader plan to expand into new markets and open up hundreds of retail branches, citing Boston as one city it would like to explore.

“The heart of our company is our retail branches,” Gordon Smith, CEO of consumer and community banking at Chase, said in statement back in January. “We are a leader in 23 states, but aren’t yet in major markets like Washington D.C., Boston, Philadelphia and many others. Now that we are planning to expand into new markets, we will hire thousands of new employees and help consumers and small businesses in these areas.”

In the announcement, the company said it intends to expand into 15 to 20 new markets and open 400 new branches, employing 3,000 people.

JP Morgan currently has 5,130 retail branches. Before its recent announcement, JPMorgan had offices for other banking business in Boston at 50 Rowes Wharf, 1 Federal St. and 70 Fargo St. As far as retail options, the bank had two Chase ATMs at Logan Airport and another at 30 Rowes Wharf, according to the company’s website.