August 21, 2014 2:18 AM ET

Banks

Company Overview of Santander Bank, N.A.

Company Overview

Santander Bank, N.A., a financial institution, provides national chartered retail banking products and services for personal, business, and corporate customers in the United States. It offers checking, money market savings, and savings accounts; and certificates of deposit. It offers lines of credit; mortgages; small business administration, commercial equipment, and vehicle financing; equipment leasing; auto, personal, home equity, savings secured, and small business term loans; and commercial mortgages for retail, office, industrial, and multi-family real estate projects for development phases from land acquisition through construction. It offers investment services, such as college and re...

75 State Street

5th Floor

Boston, MA 02109

United States

Founded in 1902

Phone:

617-757-3410

Fax:

617-330-9985

Key Executives for Santander Bank, N.A.

Chief Executive Officer and Chief Executive Officer of Santander Holdings Usa Inc
Age: 49
Chief Financial Officer
Executive Vice President
Age: 74
Market Chief Executive Officer of Nantucket and Martha's Vineyard
Market Chief Executive Officer of Rhode Island
Compensation as of Fiscal Year 2014.

Santander Bank, N.A. Key Developments

Providence Sues Santander over Allegations of Mortgage Redlining

The city of Providence, R.I., is suing Santander Bank in federal court claiming the bank has refused to make prime home loans in minority neighborhoods. The city is claiming that Santander deliberately cut back on lending to qualified homebuyers in minority neighborhoods in recent years while increasing mortgage lending in predominantly white areas. The lawsuit was filed in U.S. District Court in Providence this morning following an investigation by Providence Solicitor Jeffrey Padwa. Providence alleges that Santander has followed a pattern of discrimination across its New England footprint.

Santander Bank, N.A. to Open Three New Branches in Philadelphia

Santander Bank, N.A. announced that it will open three new branches in Philadelphia, in the US. Expansion of the branch network is part of a $200 million investment program in infrastructure to enhance customer experience, which Santander announced in October 2013.

Santander Bank, N.A. to Open Three New Branches in Philadelphia to Support Growth in the Region

Santander Bank, N.A. announced that it will open three new branches in Philadelphia to support growth in the region. Expansion of the branch network is part of a $200 million investment program in infrastructure to enhance customer experience, which Santander announced in October 2013. Santander's University City branch will be located at 106 South 38th Street at the corner of Chestnut Street. Construction is currently underway. The full-service branch will open in July and will include a dedicated space for college students as well as specialized bankers who are experienced in serving their financial needs. A full-service branch is also under construction at 1616 Walnut Street and is slated to open in June. Located in a 1930's era building in Rittenhouse Square, Santander worked with the Philadelphia Historical Commission to ensure the branch design was in keeping with its prominent and historically significant location. The new branch will be unveiled to the business community on May 29, 2014.

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