Banco Santander · ISIN: US05964H1059

Openbank by Santander Hits $2 Billion in Deposits in the United States

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...

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Most recent update: 03.02.2025 | 14:30
03 February 2025 02:30PM
CORRECTING and REPLACING Openbank by Santander hits $2 billion in deposits in the United States
Please replace the release with the following corrected version due to multiple revisions. The updated release reads: OPENBANK BY SANTANDER HITS $2 BILLION IN DEPOSITS IN THE UNITED STATES Santander Bank, N.A. (“Santander Bank” or “the Bank”) today announced that the Openbank digital bank platform topped $2 billion in total deposits* since g...
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03 February 2025 02:30PM
Openbank by Santander Hits $2 Billion in Deposits in the United States
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...
© BusinessWire
19 December 2024 03:30AM
Santander Bank Lowers Its Prime Rate to 7.50%
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 princ...
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10 December 2024 07:51PM
Santander Goes National in the United States with Openbank, Bringing High Yield Savings Opportunities to More Americans
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 frictionl...
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19 November 2024 07:43PM
Misperceptions Preventing Americans From Earning More on Their Money Ahead of Holiday Season, Santander Survey Finds
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 saving...
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07 November 2024 10:05PM
Santander Bank Lowers Its Prime Rate to 7.75%
Santander Bank, N.A. announced today it has lowered its prime rate from 8.00% to 7.75% effective November 7, 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 princip...
© BusinessWire
08 October 2024 04:09PM
Middle-Income Consumers Remain Confident Amidst Price Pressures, Santander US Survey Finds
Santander Holdings USA, Inc. (“Santander US”) today announced new findings from a survey that shows while middle-income Americans remain optimistic about their financial futures, they continue to navigate inflationary pressures and recession concerns. More consumers (81%) consider inflation a major concern in Q3, and 86% say it has impacted their...
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18 September 2024 10:39PM
Santander Bank Lowers Its Prime Rate to 8.00%
Santander Bank, N.A. announced today it has lowered its prime rate from 8.50% to 8.00% effective September 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 princ...
© BusinessWire
16 September 2024 04:33PM
Santander Bank Earns “Outstanding” Community Reinvestment Act Rating by the OCC
Santander Bank, N.A. (“Santander” or “the Bank”) today announced that it has earned an overall “Outstanding” Community Reinvestment Act (CRA) rating from the Office of the Comptroller of the Currency (OCC) for the 2020-2022 exam period. Performance evaluations occur every three years. Santander also received “Outstanding” region-specific performan...
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