Santander Bank, N.A. today announced the appointments of Donna Cleary to Market Manager and Jim Bravyak to Head of Underwriting & Portfolio Management. In her new role, Cleary will lead an additional team of bankers to focus on the vast opportunity with middle market companies in the New York City and Long Island markets. Bravyak will assume Cleary's previous role, leading Underwriting and Portfolio Management. Both executives will report to Joe Abruzzo, Head of Commercial Banking for Santander Bank. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221109005801/en/Donna Cleary, Market Manager, Santander Commercial Banking (Photo: B

BOSTON--(BUSINESS WIRE)--Santander Bank, N.A. (“Santander Bank” or “Santander”) today announced the appointment of Scott Baldinelli as Head of New England Middle Market Banking. Baldinelli will report to Joe Abruzzo, Head of Commercial Banking for Santander Bank. Baldinelli will lead business development, market growth and relationship management for Commercial Banking’s middle market segment in New England, encompassing the company’s Boston-based location. The industry veteran will assume the role from Robert Cerminaro, who was recently promoted to Head of Mid-Corporate Banking in Santander’s Commercial Banking division. “Scott epitomizes Commercial Banking’s ‘getting personal’

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6-K - Banco Santander, S.A. (0000891478) (Filer)

6-K - Banco Santander, S.A. (0000891478) (Filer)

6-K - Banco Santander, S.A. (0000891478) (Filer)

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6-K - Banco Santander, S.A. (0000891478) (Filer)

6-K - Banco Santander, S.A. (0000891478) (Filer)

6-K - Banco Santander, S.A. (0000891478) (Filer)

6-K - Banco Santander, S.A. (0000891478) (Filer)

The Board of Governors of the Federal Reserve System (the "Federal Reserve") informed Santander Holdings USA, Inc. ("SHUSA") on June 26, 2024, of SHUSA's updated stress capital buffer ("SCB") requirement, which becomes effective on October 1, 2024. SHUSA's updated SCB will be 3.5% of its Common Equity Tier 1 capital (CET1) resulting in an overall CET1 capital requirement of 8.0%. SHUSA's strong capitalization supports our planned capital actions and the updated SCB is consistent with our long-term capital efficiency objectives. As a Category IV firm under the Federal Reserve's tailoring rule, SHUSA was subject to the Federal Reserve's 2024 Supervisory Stress Test. SHUSA remains in the t

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 campaign, You're Smart Like That, across out-of-home, digital and social channels. "Our powerful combination of having a leading auto lending franchise and a rapidly growing national bank is a competitive advanta

Expectations of a U.S. recession plummet 17 percentage points year over year and 12 percentage points since last quarter. Q4 survey found that 76% of households are optimistic their financial situation will be better this year. Cost of homeownership seen as a burden, as middle-income households embrace alternatives. Pent-up auto demand remains, as 1 in 3 middle-income consumers plan vehicle purchases in 2025. Santander Holdings USA, Inc. ("Santander US") today announced new survey findings that show middle-income consumers are feeling optimistic about the economy and their own financial prospects in 2025. Expectations of a recession in the year ahead dropped 17 percentage point

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 wholly-owned subsidiary of Madrid-based Banco Santander, S.A. (NYSE:SAN), recognized as one of the world's most admired companies by Fortune Magazine in 2024, with approximately 171 million customers in the U.S.,

Openbank by Santander offers a high yield savings account featuring an attractive Annual Percentage Yield (APY) of 5.00% and frictionless account opening that takes less than four minutes. Eligible U.S. customers can take advantage of Openbank's safe and secure digital banking experience, built on Santander's proprietary technology. Openbank was built upon Santander's legacy of strength and stability, as a global financial powerhouse with 171 million customers. 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

Fewer savers added to their balances in recent months, with six in 10 stating it has become harder to save as the year has gone on. Less than three in 10 (29%) use high-yield savings products, which could help a typical saver could earn more than $400 in interest. Nearly six in 10 say holiday shopping will negatively impact their savings goals, and three in four prefer to receive the gift of money this holiday season. 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

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 principally located in Massachusetts, New Hampshire, Connecticut, Rhode Island, New York, New Jersey, Pennsylvania and Delaware. The Bank is a wholly-owned subsidiary of Madrid-based Banco Santander, S.A. (NYSE:SAN), recognized as one of the world's most admired companies by Fortune Magazine in 2024, with approximately 171 million customers in the U.S., E

TORONTO, ON / ACCESSWIRE / October 29, 2024 / Polaris Renewable Energy Inc. (TSX:PIF) ("Polaris" or the "Company"), is pleased to announce that it has entered into an Equity Capital Contribution Agreement ("ECCA") with respect to Punta Lima Wind Farm LLC (a wholly owned subsidiary of Santander Bank N.A. -"Santander"-).The project is an operating onshore wind farm called Punta Lima Wind Farm ("PLWF" or the "Project") with a nameplate capacity of 26.0 MW's located in the Municipality of Naguabo, Puerto Rico. The Project was re-constructed and recommissioned by Santander and has a 20-year power purchase agreement ("PPA") in place with Puerto Rico Electric Power Authority (PREPA) terminating in

81% consider inflation a major concern, the highest level over the past year. Most middle-income households have remained current on their bills, though more are making spending cuts to manage higher prices. Gen Z and millennials have shifted their mindset around homeownership and find flexibility in renting, with 6 in 10 believing homeownership as a sign of financial prosperity is outdated. Federal Reserve rate cuts could unlock pent-up vehicle demand, with 52% delaying a vehicle purchase over the last year. Santander Holdings USA, Inc. ("Santander US") today announced new findings from a survey that shows while middle-income Americans remain optimistic about their financial fu

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 principally located in Massachusetts, New Hampshire, Connecticut, Rhode Island, New York, New Jersey, Pennsylvania and Delaware. The Bank is a wholly-owned subsidiary of Madrid-based Banco Santander, S.A. (NYSE:SAN), recognized as one of the world's most admired companies by Fortune Magazine in 2024, with approximately 168 million customers in the U.S.,

74% of Americans would sit in traffic for an hour to earn $200, but only 16% took the time to move money to higher-yielding accounts. As expense pressures mount, 44% of Americans missed their savings goal in June, up from 35% in March. Six in 10 back-to-school shoppers across the U.S. expect it will impact their ability to meet their savings goals. Santander Bank, N.A. ("Santander Bank" or "the Bank") announced today the findings of its second Growing Personal Savings ("GPS") Tracker, a research series exploring Americans' approach to building and managing their savings. While many Americans have been adding to their savings month-over-month, the overall percentage doing so each