A new Chase Bank location is planned for west McKinney, according to a project filing with the Texas Department of Licensing and Regulation.

The new location is planned for University Drive and includes construction of a one-story retail banking center that will span about 3,300-square-feet and will include a drive-up ATM, the filing states. The construction is estimated to cost $3 million and expected to be completed in August.

Chase offers banking services, including checking and savings accounts, credit cards, and home and auto financing. The financial center also offers services for business and commercial customers, according to its website.