I haven't used the Chase app, but I've had issues with the Bank of America app. It will usually fail with a "can't connect to camera" error when trying to take a picture of a check, but if I try again, it works. Also, if I don't kill the BofA app when I'm done using it, the camera app will always crash.
It's hard for me to say if it was the update that caused this, as the update was loaded on my phone when I purchased it last month. I'm also using a custom ROM, but I had the same issue while stock. (the ROM itself is the mostly stock Skyfall ROM)