SANTANDER overview

Santander Holdings USA, Inc. (“Santander US”) today announced new survey findings that show a rise in pent-up auto demand as middle-income Americans return to the workplace, with more than four in 10 (42%) having increased the number of days they drive to work over the last year. While 52% delayed buying a vehicle in the last 12 months due to cost, 47% are considering a vehicle purchase in the year ahead, up from 41% in mid-2023. These prospective buyers are feeling a sense of urgency amid...

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Verizon and Santander Bank, N.A., part of the global banking leader Santander 1 , today announced a multi-year U.S. partnership to bring a new, competitive high yield savings account to millions of Verizon mobile and 5G Home customers. Introducing Verizon + Openbank Savings : a digital high yield savings account with a rate 10 times the national average and the ability to save up to $180 a year on your Verizon bill. Verizon + Openbank Savings joins Verizon’s portfolio of financial services...

Santander Bank, N.A. (“Santander Bank” or “the Bank”) today announced that the Openbank digital bank platform topped $2 billion in total deposits* since going to market in the United States in the fourth quarter of 2024. This achievement represents a significant milestone in the Santander US business strategy to efficiently boost national deposit acquisition that will fuel its leading Auto lending franchise and transform its Retail Bank. The business also launched a 2025 branding...

Santander Bank, N.A. announced today it has lowered its prime rate from 7.75% to 7.50% effective December 18, 2024. Santander Bank, N.A. is one of the country’s leading retail and commercial banks, with $102 billion in assets. With its corporate offices in Boston, the Bank’s more than 5,100 employees and more than 1.8 million customers are principally located in Massachusetts, New Hampshire, Connecticut, Rhode Island, New York, New Jersey, Pennsylvania and Delaware. The Bank is a...

Santander Bank has officially launched Openbank , a new digital banking platform, whose initial offering brings high yield savings opportunities to more Americans. Openbank’s high yield savings account features an attractive Annual Percentage Yield (APY) of 5.00%*, no fees, low minimum deposits, and an exceptional customer experience with frictionless account opening that takes less than four minutes. With the launch of Openbank, Santander expands its addressable market in the U.S.,...

Santander Bank, N.A. (“Santander Bank”) today announced findings from its Openbank Growing Personal Savings (“GPS”) Tracker revealing many consumers are missing out on hundreds of dollars a year in interest by not using higher-rate savings accounts. More than seven in 10 (71%) are not taking advantage of these accounts, including high-yield savings accounts, money market accounts and certificates of deposit (CDs). Among those who have a higher-rate account and know their rate, 56% are...