Santander Bank Opens Newest Branch in Brooklyn

BOSTON, Dec. 19, 2018 /PRNewswire/ -- Santander Bank today announced the opening of its newest branch in Brooklyn in the Bedford-Stuyvesant neighborhood, located on 1298 Fulton Street. To commemorate the new location, Santander leaders joined community partners at a grand opening celebration and ribbon cutting on Friday, Dec. 14 to officially open the branch. Santander presented checks totaling $26,000 to three community organizations – Brooklyn Neighborhood Services, Bedford Stuyvesant Restoration Corporation and New York Crusaders.

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

"We're excited to expand our presence in Brooklyn and open our first branch in the Bedford-Stuyvesant neighborhood where we can help local residents and business owners with their banking needs," said Jim Uehlinger, region president for the Bank's Metro New York/Northern New Jersey region. "Santander is investing in its branch network and this location features our new modern design that encourages engaging, consultative customer interactions in a comfortable setting."

The new branch offers a welcoming environment with innovative features designed to improve the customer experience. There are several meeting spaces for customers to interact with the branch team, including a meeting "nook" where they can meet privately with bankers to discuss their financial needs. The 24-hour ATM vestibule is available to customers after branch hours.

Santander is donating $10,000 to Brooklyn Neighborhood Services to support its First Time Home Ownership program that provides comprehensive workshops and resources to low and middle income residents to assist with purchasing their first home.

To assist Bedford Stuyvesant Restoration Corporation with its financial stability program, Santander is donating $15,000, which will provide workforce development training, asset building and social support services that facilitate economic self-sufficiency and upward mobility.

New York Crusaders is receiving $1,000 from Santander to help families throughout Bedford-Stuyvesant and greater New York City obtain access to free health and fitness resources.

Uehlinger added, "At Santander, we're committed to supporting the communities where we live and work, and Brooklyn Neighborhood Services, Bedford Stuyvesant Restoration Corporation and New York Crusaders align with our values of improving the quality of life for residents in Brooklyn."

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.