BOSTON, June 15, 2017 /PRNewswire/ -- Santander Bank
announced today it has raised its prime rate from 4.00% to 4.25%,
effective June 14, 2017.
Santander Bank, N.A. is one of the country's
largest retail and commercial banks with more than $83 billion in assets. With its corporate offices
in Boston, the Bank's 9,500
employees, 675 branches, 2,100 ATMs and 2.1 million customers are
principally located in Massachusetts, New
Hampshire, Connecticut,
Rhode Island, New York, New
Jersey, Pennsylvania and
Delaware. The Bank is a
wholly-owned subsidiary of Madrid-based Banco Santander, S.A. (NYSE: SAN)
, one of the most respected banking groups in the world with more
than 125 million customers in the U.S., Europe, and Latin
America. It is managed by Santander Holdings USA, Inc., Banco Santander's intermediate
holding company in the U.S. For more information on
Santander Bank, please visit
www.santanderbank.com.
Media Contacts:
Ann
Davis
617-757-5891
ann.davis@santander.us
Nancy Orlando
617-757-5765
nancy.orlando@santander.us
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/santander-bank-raises-its-prime-rate-to-425-300475059.html
SOURCE Santander Bank, N.A.