Santander

Formerly Sovereign Bank, now Santander is a major bank that has a significant presense in the northeast of the United States. According to the FDIC it is chartered as a Savings Association and is part of the Santander Group, a Spanish global banking group.

It has historical roots from 1902 and has 723 bank branches and 2285 ATMs in its markets. These markets includes MSA's such as New York (203 branches, 1.47% deposit market share), Philadelphia (72 branches, 1.13% deposit market share), Boston 164 branches, 6.24% deposit market share), Providence (55 branches, 6.25% market share, Hartford (25 branches, 4.02% market share)*

It offers its customers various savings and investment products including money market savings products, statement savings accounts, minor savings accounts and certificates of deposit (CDs). CD products include short term, medium term, long term CDs and IRA CDs.

Source: *Sovereign Second Quarter 2011 Results for Santander Group (santander.com)

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Rates / Annual Percentage Yield terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts, some of which have paid for a link to their website. Bank, thrift and credit unions are member FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches