Wholly owned subsidiary of Spanish Santander Group
For the British bank with this name, see Santander UK.
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Santander Bank, N. A.
Headquarters in Boston
Formerly
Sovereign Bank
Company type
Subsidiary
Industry
Banking
Founded
1902; 122 years ago (1902) in Wyomissing, Pennsylvania (as Sovereign Bank)
Headquarters
75 State Street,
Boston, Massachusetts
,
United States
Key people
Timothy Wennes (CEO) Tim Ryan (Chair)
Revenue
US$3.345 billion (2013)[1]
Operating income
US$1.508 billion (2013)[1]
Net income
US$1.042 billion (2013)[1]
Number of employees
10,000 (2020)
[2][3][4]
Parent
Santander Group
Website
santanderbank.com
Santander Bank, N. A. (/ˌsɑːntɑːnˈdɛər/) is an American bank operating as a wholly-owned subsidiary of the Spanish Santander Group. It is based in Boston and its principal market is the northeastern United States. It has $57.5 billion in deposits, operates about 650 retail banking offices and over 2,000 ATMs, and employs approximately 9,800 people.[4] It offers an array of financial services and products, including retail banking, mortgages, corporate banking, cash management, credit card, capital markets, trust and wealth management, and insurance.
Sovereign Bank was rebranded as Santander Bank on October 17, 2013;[5] the stadium, arena, and performing arts center for which it has naming rights were also rebranded.
^ abc"3Q Results 2013: Sovereign Bank" Archived 2013-10-29 at the Wayback Machine, Santander Group
^"About Us".
^https://www.santanderus.com/
^ ab"About Us". Santander Bank N. A. Retrieved 6 August 2017.
^GOSSELIN, KENNETH R. (16 October 2013). "Sovereign Bank Name Changes To Santander". courant.com. Retrieved 8 March 2019.
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