Santander Bank Lowers Its Prime Rate to 4.75%

Date : 10/31/2019 @ 1:54PM
Source : PR Newswire (US)
Stock : Banco Santander SA (SAN)
Quote : 3.91  0.02 (0.51%) @ 12:59AM
After Hours
Last Trade
Last $ 3.91 ◊ 0.00 (0.00%)

Santander Bank Lowers Its Prime Rate to 4.75%

Banco Santander (NYSE:SAN)
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2 Months : From Oct 2019 to Dec 2019

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BOSTON, Oct. 31, 2019 /PRNewswire/ -- Santander Bank announced today it has lowered its prime rate from 5.00% to 4.75%, effective October 30, 2019.

Santander Logo (PRNewsFoto/Santander Holdings USA) (PRNewsfoto/Santander Holdings USA, Inc.)

Santander Bank, N.A. is one of the country's largest retail and commercial banks with $74.2 billion in assets. With its corporate offices in Boston, the Bank's approximately 9,600 employees, over 600 branches, more than 2,000 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 overseen 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:
Laurie Kight
214-801-6455
laurie.kight@santander.us 

Nancy Orlando
617-757-5765
nancy.orlando@santander.us

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/santander-bank-lowers-its-prime-rate-to-4-75-300949181.html

SOURCE Santander Bank

Copyright 2019 PR Newswire

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