Santander US (Bank)

Overview

Santander US (Bank) is Banco Santander Spain BME: SAN + NYSE: SAN Spanish parent fully owned + US Northeast region commercial banking operations + one of US's largest foreign-owned commercial banks + ~2M+ US Santander Bank customers [1, us-cro].

History

1980s — Sovereign Bank founded as US Northeast regional commercial bank.

Oct 17 2013 — Sovereign Bank rebranded as Santander Bank N.A. post-Banco Santander Spain acquisition.

2014 — Santander Bank Mobile Banking app launch.

Ownership & operator

Operating entity: Santander Bank N.A. (US-based commercial bank; Banco Santander Spain fully owned).

Major shareholders: Banco Santander Spain (BME: SAN + NYSE: SAN; Spanish global banking group; ~165M+ customers globally) fully owned.

Regulators: OCC + Federal Reserve + FDIC + ECB + Banco de España.

Technical integration

Santander Bank Mobile Banking app (iOS + Android; ~2M+ US Santander Bank customers) + santanderbank.com online + Santander Bank branch network across US Northeast region + Santander Visa + Mastercard cards; ACH + FedNow + Zelle.

Implementations & partners

Banco Santander parent: [[santander-spain]] (Banco Santander Spain; BME: SAN + NYSE: SAN; Spanish global banking group; ~165M+ customers globally) + [[santander-uk]] (Santander UK; Banco Santander Spain subsidiary; ~14M+ UK customers) + [[santander-brasil]] (Santander Brasil; B3: SANB11 + NYSE: BSBR; Banco Santander Spain Brazilian subsidiary) + [[santander-chile]] (Santander Chile; BCS: BSAN + NYSE: BSAC; Banco Santander Spain Chilean subsidiary) + [[santander-mexico]] (Santander Mexico) + [[erste-polska]] (Santander Bank Polska; WSE: SPL; Banco Santander Spain Polish subsidiary).

Major US banking + payments competitors: [[chase-mobile]] (Chase Mobile; JPMorgan Chase US; NYSE: JPM) + [[bank-of-america]] (Bank of America; NYSE: BAC) + [[wells-fargo]] (Wells Fargo; NYSE: WFC) + [[citi-mobile]] (Citi Mobile US; Citigroup NYSE: C) + [[us-bank]] (US Bank; NYSE: USB) + [[pnc-bank]] (PNC Bank; NYSE: PNC) + [[truist]] (Truist Financial; NYSE: TFC) + [[capital-one]] (Capital One; NYSE: COF) + [[citizens-financial]] (Citizens Financial Group; NYSE: CFG) + [[fifth-third]] (Fifth Third Bank; NASDAQ: FITB) + [[huntington-bank]] (Huntington Bank; NASDAQ: HBAN) + [[keybank]] (KeyBank; NYSE: KEY) + [[regions-financial]] (Regions Financial; NYSE: RF) + [[td-bank-us]] (TD Bank US; TD Bank Group Canadian parent US subsidiary) + [[hsbc-us-bank]] (HSBC US Bank; HSBC Holdings UK parent US subsidiary).

Regulators: OCC + Federal Reserve + FDIC + ECB + Banco de España.

Status

Active, Banco Santander Spain BME:SAN + NYSE:SAN Spanish parent fully owned + US Northeast region commercial banking operations + one of US's largest foreign-owned commercial banks + ~2M+ US Santander Bank customers [1, 2].

Sources

• 1 Santander US — official
• 2 Santander US — Wikipedia
• us-cro In-corpus: reports/countries/US-united-states.md

Source

Biography extracted from santander-us-bank.md. See matrix.md for standards-support matrix if present.