BOSTON, March 4, 2020 /PRNewswire/ -- Santander Bank announced today it has lowered
its prime rate from 4.75% to 4.25%, effective March 3, 2020.
Santander Bank,
N.A. is one of the country's largest retail and
commercial banks with $85 billion in
assets. With its corporate offices in Boston, the Bank's approximately 10,000
employees, nearly 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 145 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