Santander Bank, N.A
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 2.10% | 1-year CD | 12 Month CD |
| 0.03% | Savings | Santander Savings Account |
| 2.40% | 3-year CD | 3 Year CD |
Santander Bank, N.A is headquartered in Wilmington and is the 5th 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 March of 2018, it had grown to 9,454 employees at 651 locations. Santander Bank, N.A's money market rates are 3X the national average, and it has an A health rating.
Related Posts
1/21 - Santander Bank Extends $150 Checking Account Bonus
5/11 - RE: ACH Push To Santander Extra20 Checking
1/14 - Easy Annual $240 Bonus with Santander Bank Checking
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
Why a check was not cashed.
I called the main office of my bank. I had a check that was not cashed . The customer representative was a very pleasant woman. She did a lot of research and looked into why this check was not cashed. She informed me to call the place where I wrote the check out to. She said that they will probably have the reason why they are not cashing it. So I did as she asked and called the company that I wrote the check out to. Sure enough they were not going to cash it and they were in the process of sending it back to me. They informed me that the amount of the check was incorrect. So I had a good experience with my customer representative at the bank, because she gave me the correct information, and I got everything taken care of.
Interest Rates Are A Secret
Santander offers a promotional money market rate of 1.7% for six months. Understood it is a promotional rate. However as the six months nears an end, the service center representatives cannot tell you what the interest rate will be on day after the six months. They say go to the branch. I went to the branch and asked if the six months ended today, what rate would I get on my account. Representative said he doesn't know and "the computer" will determine it and I will just have to wait until the six months is over to see what rate the computer gives me, almost like it is a lottery. Of course it isn't a lottery, somebody knows but they do not wish to disclose it.
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.
Beware Of Inactive Acc.
Santander Bank N. A. just sent me a Dormant/inactive acc...reactivation Form.. Crazy as it seem the State of Penna. requires inactive accounts of your money be sent after 3yrs... That's what they say my 2 cd. were inactive for... Make a long story short I have 2 cds only with them and they sent me this form that I had to get notaryized that I am still alive I guess... My cds are for 3yrs and 2yrs. have gone by... I drove to a branch about a hour ride to correct this... I called the main office and they still would not ok everything on the phone... I have no other acc. with them and I am on line and everything seem ok... I just got a 1099 from them... Crazy::: I have one more yr. with them and I am out of there
Data as of Q1 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 29950 |
| Year Established | 1907 |
| Employees | 9454 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.56% |
| Return on Equity - YTD | 3.09% |
| Annual Interest Income | $596.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2018vs Q1 2017 | $74.57B$80.38B |
| Loans | Q1 2018vs Q1 2017 | $46.80B$49.39B |
| Deposits | Q1 2018vs Q1 2017 | $57.50B$60.17B |
| Equity Capital | Q1 2018vs Q1 2017 | $13.45B$13.50B |
| Loan Loss Allowance | Q1 2018vs Q1 2017 | $551.1MM$535.2MM |
| Unbacked Noncurrent Loans | Q1 2018vs Q1 2017 | $566.8MM$564.0MM |
| Real Estate Owned | Q1 2018vs Q1 2017 | $22.7MM$33.4MM |
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
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.03% | - | - | Santander Savings Account |
Santander Bank, N.A Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.70%*† | $10k* | - | Santander Money Market Savings Account - 6 Month Intro Rate | ||
| OTHER TIERS: 0.30% → Up to $10k | |||||
| 1.70%*† | $10k* | - | Premier Plus Money Market Savings - 6 Month Intro Rate | ||
| OTHER TIERS: 0.30% → Up to $10k | |||||
| 1.41%*† | $100k* | - | Santander Money Market Savings Account | ||
| OTHER TIERS: 0.25% → Up to $10k | 1.35% → $10k - $50k | 1.38% → $50k - $100k | |||||
| 1.41%*† | $100k* | - | Premier Plus Money Market Savings | ||
| OTHER TIERS: 0.25% → Up to $10k | 1.35% → $10k - $50k | 1.38% → $50k - $100k | |||||
Santander Bank, N.A Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.01% | - | - | Santander Premier Plus Checking |
Santander Bank, N.A CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.40%† | $500 | - | 3 Year CD | |
| 2.15%† | $500 | - | 15 Month CD | |
| 2.10%† | $500 | - | 12 Month CD | |
| 1.75%† | $500 | - | 9 Month CD |
