Our history | About Us | Santander Bank (2024)

FAQs

What did Santander Bank used to be called? ›

Formerly known as Sovereign Bank, we at Santander Bank, N.A. use our international expertise to help you bank better.

On January 30, 2009, Banco Santander completed its acquisition of Sovereign Bank, for about $2.51 per share.

One of the most recognisable elements of our iconic brand is the Santander flame. It represents the element of fire, evoking the role it has played in human evolution and prosperity: an ally that has helped us evolve and advance as a species.

Santander Holdings USA closes acquisition of Santander Consumer USA. Santander Holdings USA Inc. completed its acquisition of all outstanding shares of common stock of Santander Consumer USA Holdings Inc. that it did not already own for $41.50 per share.

Santander UK plc (UK: /ˌsæntənˈdɛər, -tæn-/, US: /ˌsɑːntɑːnˈdɛər/) is a British bank, wholly owned by the Spanish Santander Group. Santander UK plc manages its affairs autonomously, with its own local management team, responsible solely for its performance.

Banco Santander S.A. doing business as Santander Group (UK: /ˌsæntənˈdɛər, -tæn-/ SAN-tən-DAIR, -⁠tan-, US: /ˌsɑːntɑːnˈdɛər/ SAHN-tahn-DAIR, Spanish: [ˈbaŋko santanˈdeɾ]), is a Spanish multinational financial services company based in Madrid and Santander in Spain.

In August 2020, Los Angeles-based Broadway Federal Bank and Washington, D.C.-based City First Bank announced their merger. Executives stated the deal would create the nation's first Black-led bank with over $1 billion in assets.

Savings accounts

The Santander® Savings account has a very low and easily waivable monthly fee, and has free ATM access at more than 2,000 locations. However, with a near-zero APY, it isn't competitive with most of the other savings accounts we cover. Member FDIC.

Santander does not have a presence in Russia or Ukraine and our direct exposure to Russian and Ukrainian markets and assets is negligible.

Why is Santander in a lawsuit? ›

California's complaint alleges that Santander violated California law by approving loans that it expected would default at rates of greater than 70 percent.

Tourism and sights

The bars and restaurants of the old town are popular with tourists, as well as the El Sardinero beach a couple of kilometres away. The Cathedral of Santander: The lower temple, called "cripta del Cristo" was built around 1200 on other earlier Roman buildings.

Santander has put aside £17 million to refund customers for 6 breaches of the Order, announced by the CMA last year. This will impact up to 470,000 customers who will all be refunded in full. This is on top of £2m in refunds by Santander already announced by the CMA in May 2019.

A wholly owned subsidiary of Madrid-based Banco Santander, S.A., Santander US incorporates six financial companies: Santander Bank, N.A., Santander Consumer USA Holdings Inc.

Our services are available as normal.

In 2010 we entered the retail and commercial banking business in the United States with the acquisition of Sovereign. In October 2013, Sovereign's name was changed to Santander.

Since its entry into the UK market in November 2004, Santander UK has transformed, moving from its heritage of three former building societies to a full-service retail and commercial bank.

Alliance & Leicester International Limited (ALIL) was the international banking subsidiary of Alliance & Leicester, which was subsequently bought by the Santander Group in October 2008.