Santander Bank: Current Mortgage Rates, Savings Accounts & CDs, Reviews & Complaints

Home > Lender Reviews > Santander Bank

Editor's Rating

RateZip's Editors follow standards of editorial integrity. Our goal is to help you make informed financial decisions. Some products that we review may be offered by companies who also buy advertising from us.

Here is our advertising disclosure.

About

Santander Bank, formerly Sovereign Bank, has over 700 community banking offices, and more than 2,300 ATMs, including many ATMs located in CVS pharmacies. Santander Bank holds more than $77 billion in assets. It serves primarily the Northeast states of the United States and offers home mortgages and banking products such as CDs, savings accounts, and checking accounts.

Sovereign Bank's history dates back to 1902, when it was founded as a building & loan association to help the working class in Pennsylvania. In 2000, Sovereign acquired almost $12 billion in deposits, $8.1 billion in loans, 281 bank branches and 550 ATMs from FleetBoston Financial, which helped the bank expand into New England. The bank expanded into New York in 2006. Sovereign traded under the symbol SOV on the NYSE for many years.

In 2008, Banco Santander, the largest bank in the Eurozone, purchased Sovereign Bank, which was undergoing financial difficulties at the time. In 2013, Sovereign Bank became known as Santander Bank. This new bank appears poised for growth, as Santander is already one of the major players in global banking.

This bank profile is not an endorsement or advertisement for the bank's products and services.  RateZip is an independent publisher of bank information.

Compare banks for mortgage, auto, savings and CD rates. Browse bank rates. Search locally or nationally for the best finance rates.
Search locally or nationally
Compare banks for mortgage, auto, savings and CD rates.