Santander Bank Lowers Its Prime Rate to 7.75%
08 November 2024 - 8:05AM
Business Wire
Santander Bank, N.A. announced today it has lowered its prime
rate from 8.00% to 7.75% effective November 7, 2024.
Santander Bank, N.A. is one of the country’s leading
retail and commercial banks, with $102 billion in assets. With its
corporate offices in Boston, the Bank’s more than 5,100 employees
and more than 1.8 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),
recognized as one of the world’s most admired companies by Fortune
Magazine in 2024, with approximately 171 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20241107622551/en/
MEDIA: Caroline Connolly
caroline.connolly@santander.us
Banco Santander (NYSE:SAN)
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