Santander Bank, N.A is headquartered in Wilmington and is the 5th largest bank in the state of Delaware. It is also the 32nd largest bank in the nation. It was established in 1907 and as of December of 2016, it had grown to 9,254 employees at 673 locations. Santander Bank, N.A has an A health rating.
Recieved Mailer Notice dated 4.18.2016 - We are discontinuing extra20® checking and extra20® savings accounts. On July 1, 2016, your extra20® checking account will automatically change to a Simply Right Checking account and your extra20® savings account will automatically change to a Santander Savings account.
I have enjoyed this account and give Santander high marks for their bill pay service.
I wanted to let readers, who have a Santander Extra20® account, know that these changes are scheduled. For some reason I could not write a post under bank deals/rates.
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.
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.
Customer from 1965 doing business in millions. Extremely satisfy with my personal and business accounts until it became SANTANDER which brought Chaos and and lack of personal service. Lack of procedural knowledge, policies and decision making power for the simplest decision lacked at the Branch level. Bait and switch policies do exist and customers must be careful and check their accounts to be sure their are given what was originally agreed. Outdated ways of doing business. Every decision seems to be made at their headquarters which is time consuming and very, very impersonal.
My last disappointing adventure (several months ago) with Santander convince me to withdraw all my money. Closed my accounts and went to another Bank. Shame.
|FDIC Certificate #||29950|
|Return on Assets - YTD||0.17%|
|Return on Equity - YTD||1.13%|
|Annual Interest Income||$2.22B|
|Assets and Liabilities|
|Assets||Q4 2016vs Q4 2015||$83.09B$90.19B|
|Loans||Q4 2016vs Q4 2015||$51.56B$53.09B|
|Deposits||Q4 2016vs Q4 2015||$60.24B$59.33B|
|Equity Capital||Q4 2016vs Q4 2015||$13.42B$13.33B|
|Loan Loss Allowance||Q4 2016vs Q4 2015||$533.0MM$571.5MM|
|Unbacked Noncurrent Loans||Q4 2016vs Q4 2015||$581.2MM$510.8MM|
|Real Estate Owned||Q4 2016vs Q4 2015||$34.3MM$39.0MM|
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.
|APY||MIN||MAX||ACCOUNT NAME||VIEW DETAILS|
|2.00%||$500||-||5 Year CD|
|2.00%||$100k||-||5 Year Jumbo Relationship CD|