Formerly | Sovereign Bank |
---|---|
Company type | Subsidiary |
Industry | Banking |
Founded | 1902Wyomissing, Pennsylvania (as Sovereign Bank) | in
Headquarters | 75 State Street, Boston, Massachusetts , United States |
Key people | Timothy Wennes (CEO) Tim Ryan (Chair) |
Revenue | US$3.345 billion (2013)[1] |
US$1.508 billion (2013)[1] | |
US$1.042 billion (2013)[1] | |
Number of employees | 10,000 (2020) [2][3][4] |
Parent | Santander Group |
Website | santanderbank |
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. 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 17 October 2013; the stadium, arena, and performing arts center for which it has naming rights were also rebranded.