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Santander's US Digital Bank Platform Marks $2 Billion in Deposits
SANBanco Santander(SAN) PYMNTS.com·2025-02-04 04:09

Santander’s American digital banking platform has surpassed $2 billion in deposits four months after launch.“This achievement represents a significant milestone in the Santander US business strategy to efficiently boost national deposit acquisition that will fuel its leading auto lending franchise and transform its retail bank,” the Spanish lender said in a Monday (Feb. 3) news release.The bank introduced Openbank in October of last year. While the service launched by offering high-yield savings accounts, S ...