BOSTON, May 16, 2019 /PRNewswire/ -- Santander Bank today announced that it has
received a silver level U.S. President's Volunteer Service Award
from Junior Achievement USA® (JA) for providing at
least 10,000 volunteer hours to local Junior Achievement offices
during the 2017-18 school year. The U.S. President's Volunteer
Service Award was presented to Santander and 43 other organizations
at an awards ceremony and celebration event at the New York Stock
Exchange during the JA Volunteer Summit, supported by American
Express, earlier this spring in New York.
In 2003, President George W. Bush
established the President's Council on Service and Civic
Participation (the Council) to recognize the valuable contributions
volunteers make in communities and encourage more people to serve.
The Council created the President's Volunteer Service Award program
as a way to thank and honor individuals who, by their demonstrated
commitment and example, inspire others to engage in volunteer
service. In 2006 Junior Achievement became an official certifying
organization for this award, which recognizes corporations with a
U.S. presence that provide volunteers to teach JA programs anywhere
in the world.
"Helping young people understand how to responsibly manage money
and set a smart path to saving is important to us at Santander, and
our relationship with Junior Achievement helps us bring financial
literacy fundamentals to students in our communities," said
Seth Goodall, Santander's Executive
Director of Corporate Social Responsibility. "Throughout the year,
and especially during Financial Literacy Month, which we celebrate
each April, we hope to show more students how to manage their
money, succeed in the workforce, or start a business that creates
jobs and grows the economy."
"Junior Achievement volunteers help build communities by
empowering the next generation's success," said JA area board
member, Brian Diepold, Santander's
Executive Director of Customer Experience and CRM for Consumer and
Business Banking. "JA could not exist without the dedication of its
volunteers. We are grateful for this opportunity to recognize their
invaluable support."
Santander's volunteer program with JA is part of the Bank's
Inclusive Communities Plan – an $11
billion, five-year commitment to its communities through
2021, during which time Santander plans to increase its CRA
activity by 50 percent and triple its charitable grants. Santander
has set a goal of $9.1 billion in
lending to underserved communities, including $1.9 billion in community development
investments, $55 million in
charitable contributions, 10 new retail branches in low- to
moderate-income and communities of color, and 60,000 community
development volunteer hours in underserved communities.
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
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SOURCE Santander Bank