BOSTON, Dec. 14, 2017 /PRNewswire/ -- Santander Bank today announced that it has
opened its first-ever Lending Center in Brooklyn's Canarsie neighborhood at 1549 Ralph
Avenue. Santander executives were joined by local leaders and
members of the community this morning for a ribbon cutting ceremony
to officially open the center and present checks totaling
$17,000 to Neighborhood Housing
Services of Brooklyn CDC (NHS Brooklyn) and Brooklyn Generation
School – two non-profit organizations supporting the diverse needs
of this Brooklyn neighborhood.
"Our Lending Center differs from a typical bank branch in that
its only focus is helping people and businesses secure the right
home, personal and business loan for their individual needs," said
Steve Adamo, Santander's US Head of
Home Loans. "Entering into a new mortgage is a big financial
decision. By focusing specifically on lending products at this
location, our knowledgeable loan officers can provide personalized
guidance to each individual and provide one-on-one support from
start to finish, ensuring a great customer experience." He added,
"Increasing our presence in Brooklyn gives us more opportunities to
support the community and we look forward to working with our
non-profit partners to host neighborhood events at this new
location."
Santander has committed to serving low- to moderate-income
communities and communities of color as part of its "Inclusive
Communities" plan, which outlines the Bank's five-year,
$11 billion commitment to lending and
community development across its northeastern U.S. footprint.
Santander has more than 20 retail branches in Brooklyn, including two that opened earlier
this year at 893 Flatbush Avenue and 190 East 98th Street.
Santander's Lending Center will complement these branches and help
increase lending, investment and financial education opportunities
for neighborhood residents and business owners. As a service to the
community, Bank team members will be offering regular home buyer
education and financial literacy workshops to people who want to
buy a home, learn how to budget their money and save for the
future.
Santander's $15,000 grant to NHS
Brooklyn supports the organization's first-time home buyer program
that helps clients navigate the process of buying a home and the
responsibilities of homeownership. As part of its partnership with
Santander, NHS Brooklyn will host homeownership workshops for
clients at the lending center, with the first class starting
tonight.
Community high school Brooklyn Generation School, provides
services and opportunities for students like job shadow programs
and interactions with professionals to prepare them for college and
the workforce. The school will use the $2,000 grant from Santander to launch its
fundraising campaign that helps underprivileged students pay for
college application fees and campus visits.
In addition to serving the lending needs of the residents and
business owners of Brooklyn,
Santander's new Lending Center also includes a dynamic community
meeting space with a flat screen TV and sliding glass doors that
open into the lobby, which Santander uses to facilitate workshops
and community events, and will also make available to local
non-profit organizations for presentations and events. The center
also features a modern design with a welcoming, open layout, and
several additional meeting spaces where customers can meet
privately with our loan officers to discuss their lending needs.
There is also a casual gathering area for quick conversations and a
full-service, 24-hour ATM.
"Community-driven banking is vital to the wellbeing of our
borough's residents. I commend Santander
Bank for opening a lending center in Canarsie, an
underserved neighborhood that has long struggled with access to
upward economic mobility. This facility can open many doors for
Brooklynites, allowing them to obtain home, personal, and business
loans that will help build their financial futures and a stronger
Brooklyn where everyone can
thrive," said Brooklyn Borough President Eric L. Adams.
The Lending Center is open Monday through Friday from
9 a.m. to 5 p.m. and by appointment
after hours and on weekends to assist existing customers as well as
those who would like to learn more about Santander's lending
products. Santander plans to open another Lending Center in
2018.
Santander Bank,
N.A. is one of the country's largest retail and
commercial banks with more than $79
billion in assets. With its corporate offices in
Boston, the Bank's 9,700
employees, more than 650 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
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SOURCE Santander Bank, N.A.