{"id":688041,"date":"2022-09-22T08:43:06","date_gmt":"2022-09-22T12:43:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/santander-bank-raises-its-prime-rate-to-6-25\/"},"modified":"2022-09-22T08:43:06","modified_gmt":"2022-09-22T12:43:06","slug":"santander-bank-raises-its-prime-rate-to-6-25","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/santander-bank-raises-its-prime-rate-to-6-25\/","title":{"rendered":"Santander Bank Raises Its Prime Rate to 6.25%"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Santander Bank Raises Its Prime Rate to 6.25%<\/b><\/p>\n<p>BOSTON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nSantander Bank, N.A. announced today it has raised its prime rate from 5.50% to 6.25%, effective September 21, 2022.\n<\/p>\n<p><b>Santander Bank, N.A.<\/b> is one of the country\u2019s largest retail and commercial banks with $102 billion in assets. With its corporate offices in Boston, the Bank\u2019s nearly 8,600 employees and nearly 2 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) &#8211; one of the most respected banking groups in the world with 157 million customers in the U.S., Europe, and Latin America. It is overseen by Santander Holdings USA, Inc., Banco Santander\u2019s intermediate holding company in the U.S. For more information on Santander Bank, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.santanderbank.com&amp;esheet=52923227&amp;newsitemid=20220922005578&amp;lan=en-US&amp;anchor=www.santanderbank.com&amp;index=1&amp;md5=bdfb0d4bc2458223c98b6924a0883e4e\">www.santanderbank.com<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20220922005578r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20220922005578\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20220922005578\/en\/<\/a><\/span><\/p>\n<p><b>MEDIA:<br \/>\n<\/b><br \/>Andrew Simonelli<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:andrew.simonelli@santander.us\">andrew.simonelli@santander.us<\/a><\/p>\n<p>\nNancy Orlando<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:nancy.orlando@santander.us\">nancy.orlando@santander.us<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Massachusetts United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20220922005578\/en\/1580282\/3\/Santander-Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Santander Bank Raises Its Prime Rate to 6.25% BOSTON&#8211;(BUSINESS WIRE)&#8211; Santander Bank, N.A. announced today it has raised its prime rate from 5.50% to 6.25%, effective September 21, 2022. Santander Bank, N.A. is one of the country\u2019s largest retail and commercial banks with $102 billion in assets. With its corporate offices in Boston, the Bank\u2019s nearly 8,600 employees and nearly 2 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) &#8211; one of the most respected banking groups in the world with 157 million customers in the U.S., Europe, and Latin America. It is overseen by Santander &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/santander-bank-raises-its-prime-rate-to-6-25\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Santander Bank Raises Its Prime Rate to 6.25%&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-688041","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Santander Bank Raises Its Prime Rate to 6.25% - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/santander-bank-raises-its-prime-rate-to-6-25\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Santander Bank Raises Its Prime Rate to 6.25% - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Santander Bank Raises Its Prime Rate to 6.25% BOSTON&#8211;(BUSINESS WIRE)&#8211; Santander Bank, N.A. announced today it has raised its prime rate from 5.50% to 6.25%, effective September 21, 2022. Santander Bank, N.A. is one of the country\u2019s largest retail and commercial banks with $102 billion in assets. With its corporate offices in Boston, the Bank\u2019s nearly 8,600 employees and nearly 2 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) &#8211; one of the most respected banking groups in the world with 157 million customers in the U.S., Europe, and Latin America. 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