Santander Bank, N.A


Overview / Commentary
302-654-5182
824 North Market Street, Suite 100
Wilmington, DE 19801

Santander Bank, N.A is headquartered in Wilmington and is the 4th largest bank in the state of Delaware. It is also the 35th largest bank in the nation. It was established in 1907 and as of December of 2020, it had grown to 8,866 employees at 580 locations. Santander Bank, N.A has an A health rating.

Related Posts

Santander Waiving Early Withdrawal Fees For CDs - 3/21/2020

For our Retail Bank Customers: We are providing assistance in a number of ways including: helping those experiencing difficulties with loan payments; waiving fees associated with early CD withdrawals; and increasing cash availability limits at ATMs. https://www.santanderbank.com/us/branch-services-update-from-santander/

View all posts from:

10/30/13 - New Checking Account - Extra 20 Checking
6/13/12 - Checking Account & CD Promotions at Sovereign Bank
2/12/11 - Sovereign 5-Year CD Special Available Nationwide
2/10/11 - Competitive 5-Year CD Rate Special at Sovereign Bank - Available Natiowide
10/4/10 - Promotions At Sovereign Bank
9/19/10 - $150 Checking/Savings Account Bonus at Sovereign Bank in the Northeast
8/24/10 - New Inactivity Fee At Sovereign Bank
8/24/10 - $50 Student Checking Bonus At Sovereign Bank In The Northeast
5/11/10 - Sovereign Bank (Owned By Satandar) Is Offering 2% 6 Month CD's
4/20/10 - $150 Checking Account Bonus & CD Promotion at Sovereign Bank in the Northeast
2/7/10 - $150 Checking Bonus and 1.50% 3-Mo Money Market Guarantee at Sovereign Bank in the Northeast
10/27/09 - Review of Sovereign Bank's Save & Invest CD Package
9/22/09 - $100 Checking/Savings Account Bonus at Sovereign Bank in the Northeast States
4/14/09 - $100 Checking Account Bonus at Sovereign Bank - Update
1/18/09 - $100 Checking Account Bonus at Sovereign Bank
11/27/08 - 4.00% 9-Month / 4.25% 12-Month CD at Sovereign Bank
10/27/08 - $150 / $100 Checking Account Promotions at Sovereign Bank
6/24/08 - 4.06% 12-Month CD at a Texas Bank (Sovereign)
4/10/08 - $300 Business Checking Account Promotion at Sovereign Bank
4/3/08 - $150 / $75 Checking Account Promotions at Sovereign Bank
1/13/08 - Checking Account Bonuses ($100 Personal/$200 Business) at Sovereign Bank
6/19/07 - Checking Account Bonuses at Sovereign Bank
3/12/07 - $50 Checking/Savings Account Bonus at Sovereign Bank

Great Bank-Great People-Great Service (Happy Since Day 1)

Posted by: |

Dear All,

I can say that over the years I've almost always gone to the same Santander Bank location (Swampscott). I have had the privilege of working with the same people year after year who all smile and know me by name. The management from Aaron Siegel to Justin Sacco have always gone above and beyond for us small business owners. The guy I call Mr. Big time Peter and the two ladies at the front Katherine and Yania are all top shelf as well. If I ever have a problem the buck stops here. I always get 110% from these folks.

Happy Customer!!!

AH

Convenient Locations

Posted by: |

I've been with this bank for the past seven (7) years, with a few different accounts. I have never run into any problems with them, even through the inevitable changes that all banks tend to make to their policies. If anything they were a little too proactive in letting its members know of changes that were occurring and explaining what to expect. Their customer service has always been friendly and helpful. I always enjoy my experience when I do have to venture inside of the actual bank. In my area there are a good amount of branch buildings as well as ATMs in every CVS, which is a plus if I need cash quick. I would definitely recommend this bank to anyone.

Have To Keep Opening New Accounts To Get Advertised Rate

They will give you advertised rate . It will decrease within six months. When you notice rate has decreased ( They hope you will not notice) you call the service center. Service center can not give advertised rate. You go to branch. Branch manager will close your account and open new one to give you advertised rate again.You have to repeat it every few months.

SANTANDER BANK IS THE WORST!

Santander bank promises to protect their customers and our money. Two weeks ago while making legitimate purchases in my city of Brooklyn NYC, Santander bank shut off my debit card THREE times in 2 days and I had to verify my purchases. How embarrassing. However, a week later, somebody "skimmed my card and made over $500 of unauthorized purchases 800 miles away in Philadelphia PA. Not only did Santander bank not notify me, shut off my card, but allowed these purchases and told me to file a claim with them. After filing the claim, Santander Bank decided to only give me $25.00 back from the fraudulent purchases. This is an insult to me and every customer who decided or will decide to use this bank. DO NOT USE SANTANDER BANK! SANTANDER BANK WILL NOT PROTECT YOUR MONEY. I asked to speak to a manager and my request was denied. I have now spent over an hour and a half on hold trying to speak to a manager.No one will help me. DO NOT BANK AT SANTANDER. THIS BANK IS THE WORST!!!

VIEW MORE REVIEWS

Health
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Santander Bank, N.A has a negative return on equity.

Health Grade Components

Overall
FDIC Certificate #29950
Year Established1907
Employees8866
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD-2.03%
Return on Equity - YTD-14.02%
Annual Interest Income$2.38B
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$89.50B$84.67B
LoansQ4 2020vs Q4 2019$54.05B$54.84B
DepositsQ4 2020vs Q4 2019$73.72B$61.59B
Equity CapitalQ4 2020vs Q4 2019$11.92B$13.68B
Loan Loss AllowanceQ4 2020vs Q4 2019$1.23B$533.5MM
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$487.0MM$412.0MM
Real Estate OwnedQ4 2020vs Q4 2019$6.3MM$15.7MM
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Santander Bank, N.A; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

† The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.

Santander Bank, N.A Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.03%--Santander Savings Account

Santander Bank, N.A Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.35%*$400k*-Santander Select Money Market Savings - New Money
OTHER TIERS: 0.15% $1 - $10k | 0.20% $10k - $50k | 0.25% $50k - $100k | 0.30% $100k - $400k
0.35%*$400k*-Santander Select Money Market Savings - New Money Introductory Period
OTHER TIERS: 0.15% $1 - $10k | 0.20% $10k - $50k | 0.25% $50k - $100k | 0.30% $100k - $400k
0.25%*$100k*-Santander Money Market Savings - New Money
OTHER TIERS: 0.10% $1 - $10k | 0.15% $10k - $50k | 0.20% $50k - $100k
0.25%*$100k*-Santander Premier Plus Money Market Savings - New Money
OTHER TIERS: 0.10% $1 - $10k | 0.15% $10k - $50k | 0.20% $50k - $100k

Santander Bank, N.A Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.01%--Santander Premier Plus Checking

Santander Bank, N.A CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%$100k-18 Month Jumbo Relationship CD
0.15%$500-18 Month Relationship CD
0.10%$500-15 Month Relationship CD
0.10%$100k-15 Month Jumbo Relationship CD
Locations

Availability



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.