{"id":853766,"date":"2025-05-22T09:06:24","date_gmt":"2025-05-22T13:06:24","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/santander-introduces-first-openbank-location-in-the-united-states-at-miami-worldcenter\/"},"modified":"2025-05-22T09:06:24","modified_gmt":"2025-05-22T13:06:24","slug":"santander-introduces-first-openbank-location-in-the-united-states-at-miami-worldcenter","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/santander-introduces-first-openbank-location-in-the-united-states-at-miami-worldcenter\/","title":{"rendered":"Santander Introduces First Openbank Location in the United States at Miami Worldcenter"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwleftsingle { border-left: solid black 1pt }\n.bwlistsquare { list-style-type: square }\n.bwnowrap { white-space: nowrap }\n.bwpadl0 { padding-left: 0px }\n.bwrightsingle { border-right: solid black 1pt }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwtopsingle { border-top: solid black 1pt }\n.bwwidth100 { width: 100% }\n.bwwidth43 { width: 43% }\n.bwwidth47 { width: 47% }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 Introduces First Openbank Location in the United States at Miami Worldcenter<\/b><\/p>\n<ul class=\"bwlistsquare\">\n<li><b>Location is the third Openbank-branded physical location in the world and demonstrates Santander\u2019s expanding presence in Miami market.<\/b><\/li>\n<\/ul>\n<ul class=\"bwlistsquare\">\n<li><b>This opening reflects Santander\u2019s aspiration of transforming into a leading national, digital bank with branches.<\/b><\/li>\n<\/ul>\n<ul class=\"bwlistsquare\">\n<li><b>The Openbank digital platform continues to grow rapidly in the U.S., topping $4 billion in deposits and more than 100,000 customers since its U.S. introduction in late 2024.<\/b><\/li>\n<\/ul>\n<p>MIAMI&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nSantander Bank, N.A. (\u201cSantander Bank\u201d or \u201cthe Bank\u201d) today announced the unveiling of its first Openbank location in the United States, located at 150 NE 8th Street in the new Miami Worldcenter. Ready to greet customers today, the new location will offer all of the services of a Santander Bank branch, and information about its Openbank division\u2019s digital-first banking products \u2013 including <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.openbank.us%2F&amp;esheet=54258982&amp;newsitemid=20250522018659&amp;lan=en-US&amp;anchor=Openbank%26%238217%3Bs&amp;index=1&amp;md5=c26961f9dacf8828c8e25b200a2404d5\">Openbank\u2019s<\/a> High Yield Savings account with a rate 10x the national average*, investment services available through Santander Investment Services (a division of Santander Securities LLC)**, exceptional in-person customer service, on-site private meeting spaces, and a complimentary premium amenity bar for customers and non-customer community members alike. Similar to Santander\u2019s <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.santanderus.com%2Fnews_press_article%2Fsantander-bank-unveils-second-u-s-work-cafe-in-miami-florida%2F&amp;esheet=54258982&amp;newsitemid=20250522018659&amp;lan=en-US&amp;anchor=Work+Caf%26eacute%3B+in+Coconut+Grove&amp;index=2&amp;md5=4b56b285982ecc97638a2ffb1738073a\">Work Caf\u00e9 in Coconut Grove<\/a>, Openbank is intended to serve as an innovation hub for creators, small businesses, and the broader community.\n<\/p>\n<p>\n\u201cWe are incredibly proud of Santander\u2019s commitment to designing products and experiences that customers can fall in love with. The new Openbank location is another opportunity to bridge our digital and in-person experience to deliver a truly differentiated offering,\u201d said <b>Swati Bhatia<\/b>, Head of Retail Banking &amp; Transformation at Santander Bank, and CEO of Openbank in the United States. \u201cOur vision for building a digital bank with branches is becoming a reality, and I\u2019m excited that customers in Miami will be among the first to experience Openbank in-person.\u201d\n<\/p>\n<p>\nThe opening of Openbank\u2019s first physical location in the U.S. marks the Bank&#8217;s drive to blend digital convenience with personalized service in its retail spaces, enabling team members to dedicate more time to customer guidance.\n<\/p>\n<p>\nMiami Worldcenter is the newest lifestyle destination with world-class retail and entertainment. Openbank by Santander will serve as presenting sponsor of Miami Worldcenter\u2019s Grand Opening celebration on Thursday, May 22, at 7 p.m. EDT with a free concert hosted by hometown favorites DJ Irie and DJ Scotty B, and performances from Lee Greenwood, Flo Rida, Nicky Jam, and Shaggy. The night will culminate in a block party with DJ Alesso. Attendees will also enjoy food, beverages, and street activations from tenants of Miami Worldcenter. As part of the celebration, Openbank will host an F1 car at the location that attendees will be able to experience up close.\n<\/p>\n<p>\nThis news adds to Santander\u2019s rapidly expanding presence in the Miami region. The bank now hosts its first Openbank location in the U.S., a Work Caf\u00e9 and office location in the Coconut Grove neighborhood, the Banco Santander International headquarters in Miami, and an extensive ATM network at Target locations in South Florida.\n<\/p>\n<p>\nOpenbank by Santander, the Bank\u2019s digital banking platform, launched in the U.S. market in late 2024 with a high yield savings account offering that is now available nationwide. Since its U.S. debut, Openbank has generated more than $4 billion in deposits and more than 100,000 customers, as of May 2025. Through the platform, the Bank plans to introduce additional products, such as Certificates of Deposit (CDs) and Checking Accounts. Openbank in the U.S. is a division of Santander Bank, N.A., which is a Member of the FDIC***. For more information about Openbank by Santander, including eligibility, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.openbank.us%2F&amp;esheet=54258982&amp;newsitemid=20250522018659&amp;lan=en-US&amp;anchor=openbank.us&amp;index=3&amp;md5=85f005fc1070f9ffc038d787c64d6d08\">openbank.us<\/a>.\n<\/p>\n<p>\n*<i>Interest Rates and Annual Percentage Yields (APYs) are accurate as of 12:01 am Eastern Time on TBD X, 2025. The APY comparison is based upon the national average for \u2018Savings\u2019 deposit products as published in the FDIC National Rates and Rate Caps on FDIC.gov of 0.41%, accurate as of 4\/21\/25.<\/i><\/p>\n<p><i>** Securities and advisory services are offered through Santander Investment Services, a division of Santander Securities LLC. Santander Securities LLC is a registered broker-dealer, Member <\/i><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.santanderbank.com%2Finterstitial-pages%2Ffinra-redirect&amp;esheet=54258982&amp;newsitemid=20250522018659&amp;lan=en-US&amp;anchor=FINRA&amp;index=4&amp;md5=e1fc324852ff6e71904e3c5bd4288155\"><i>FINRA<\/i><\/a><i> and <\/i><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.santanderbank.com%2Finterstitial-pages%2Fsipc-redirect&amp;esheet=54258982&amp;newsitemid=20250522018659&amp;lan=en-US&amp;anchor=SIPC&amp;index=5&amp;md5=971cd2e86af3eeef2b807f82ec1c9dc9\"><i>SIPC<\/i><\/a><i> and a Registered Investment Adviser. Insurance is offered through Santander Securities LLC or its affiliates. Santander Investment Services is an affiliate of Santander Bank, N.A.<\/i><\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl bwwidth100\">\n<tr>\n<td colspan=\"4\" class=\"bwtopsingle bwleftsingle bwrightsingle bwpadl0 bwsinglebottom\" rowspan=\"1\">\n<p class=\"bwcellpmargin\"><b>INVESTMENT AND INSURANCE PRODUCTS ARE:<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwleftsingle bwpadl0 bwsinglebottom bwwidth47\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><b>NOT FDIC INSURED<\/b><\/p>\n<\/td>\n<td colspan=\"2\" class=\"bwleftsingle bwpadl0 bwsinglebottom bwnowrap\" rowspan=\"1\">\n<p class=\"bwcellpmargin\"><b>NOT BANK GUARANTEED<\/b><\/p>\n<\/td>\n<td class=\"bwleftsingle bwrightsingle bwpadl0 bwsinglebottom bwwidth43\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><b>MAY LOSE VALUE<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" class=\"bwsinglebottom bwleftsingle bwpadl0\" rowspan=\"1\">\n<p class=\"bwcellpmargin\"><b>NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY<\/b><\/p>\n<\/td>\n<td colspan=\"2\" class=\"bwsinglebottom bwleftsingle bwrightsingle bwpadl0\" rowspan=\"1\">\n<p class=\"bwcellpmargin\"><b>NOT A BANK DEPOSIT<\/b><\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p><i>Santander Securities LLC U.S. registered representatives may only conduct business with residents of the states in which they are properly registered.<\/i><\/p>\n<p>\n***<i>Santander Bank, N.A., offering your account through its Openbank division, is a Federal Deposit Insurance Corporation (\u201cFDIC\u201d) insured institution. Deposits at Santander Bank, N.A. and its Openbank division are combined for FDIC insurance purposes (FDIC Cert. 29950) and are not separately insured. There is a maximum of $250,000 of deposit insurance from the FDIC per depositor for each category of account ownership. Please visit fdic.gov for details.<\/i><\/p>\n<p><b>About Santander Bank, N.A.<\/b><\/p>\n<p>\nSantander Bank, N.A. is one of the country\u2019s leading retail and commercial banks, with $102 billion in assets as of December 31, 2024. With its corporate offices in Boston, the Bank\u2019s more than 4,400 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\u2019s most admired companies by Fortune Magazine in 2024, with approximately 175 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=54258982&amp;newsitemid=20250522018659&amp;lan=en-US&amp;anchor=www.santanderbank.com&amp;index=6&amp;md5=627ca30856606f5ccb7e09a13d65e68a\">www.santanderbank.com<\/a>.\n<\/p>\n<p><b>Openbank <\/b>in the United States is a division of Santander Bank, N.A., which is a Member of the FDIC and a wholly owned subsidiary of Banco Santander, S.A.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250522018659r1&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\/20250522018659\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250522018659\/en\/<\/a><\/span><\/p>\n<p><b>Media:<br \/>\n<br \/><\/b><br \/>Andrew Simonelli<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:andrew.simonelli@santander.us\">andrew.simonelli@santander.us<br \/>\n<\/a><\/p>\n<p>Richard Tornambe Canecchia<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:richard.tornambe@santander.us\">richard.tornambe@santander.us<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Florida<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Finance Asset Management Music Banking Professional Services Events\/Concerts Fintech Entertainment<\/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\/20250522018659\/en\/2477708\/3\/Openbank_white_background_%28002%29.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 Introduces First Openbank Location in the United States at Miami Worldcenter Location is the third Openbank-branded physical location in the world and demonstrates Santander\u2019s expanding presence in Miami market. This opening reflects Santander\u2019s aspiration of transforming into a leading national, digital bank with branches. The Openbank digital platform continues to grow rapidly in the U.S., topping $4 billion in deposits and more than 100,000 customers since its U.S. introduction in late 2024. MIAMI&#8211;(BUSINESS WIRE)&#8211; Santander Bank, N.A. (\u201cSantander Bank\u201d or \u201cthe Bank\u201d) today announced the unveiling of its first Openbank location in the United States, located at 150 NE 8th Street in the new Miami Worldcenter. Ready to greet customers today, the new location will offer all of the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/santander-introduces-first-openbank-location-in-the-united-states-at-miami-worldcenter\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Santander Introduces First Openbank Location in the United States at Miami Worldcenter&#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-853766","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Santander Introduces First Openbank Location in the United States at Miami Worldcenter - 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-introduces-first-openbank-location-in-the-united-states-at-miami-worldcenter\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Santander Introduces First Openbank Location in the United States at Miami Worldcenter - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Santander Introduces First Openbank Location in the United States at Miami Worldcenter Location is the third Openbank-branded physical location in the world and demonstrates Santander\u2019s expanding presence in Miami market. This opening reflects Santander\u2019s aspiration of transforming into a leading national, digital bank with branches. The Openbank digital platform continues to grow rapidly in the U.S., topping $4 billion in deposits and more than 100,000 customers since its U.S. introduction in late 2024. MIAMI&#8211;(BUSINESS WIRE)&#8211; Santander Bank, N.A. (\u201cSantander Bank\u201d or \u201cthe Bank\u201d) today announced the unveiling of its first Openbank location in the United States, located at 150 NE 8th Street in the new Miami Worldcenter. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/santander-introduces-first-openbank-location-in-the-united-states-at-miami-worldcenter\/","og_locale":"en_US","og_type":"article","og_title":"Santander Introduces First Openbank Location in the United States at Miami Worldcenter - Market Newsdesk","og_description":"Santander Introduces First Openbank Location in the United States at Miami Worldcenter Location is the third Openbank-branded physical location in the world and demonstrates Santander\u2019s expanding presence in Miami market. This opening reflects Santander\u2019s aspiration of transforming into a leading national, digital bank with branches. The Openbank digital platform continues to grow rapidly in the U.S., topping $4 billion in deposits and more than 100,000 customers since its U.S. introduction in late 2024. MIAMI&#8211;(BUSINESS WIRE)&#8211; Santander Bank, N.A. (\u201cSantander Bank\u201d or \u201cthe Bank\u201d) today announced the unveiling of its first Openbank location in the United States, located at 150 NE 8th Street in the new Miami Worldcenter. Ready to greet customers today, the new location will offer all of the &hellip; Continue reading \"Santander Introduces First Openbank Location in the United States at Miami Worldcenter\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/santander-introduces-first-openbank-location-in-the-united-states-at-miami-worldcenter\/","og_site_name":"Market Newsdesk","article_published_time":"2025-05-22T13:06:24+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250522018659r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/santander-introduces-first-openbank-location-in-the-united-states-at-miami-worldcenter\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/santander-introduces-first-openbank-location-in-the-united-states-at-miami-worldcenter\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Santander Introduces First Openbank Location in the United States at Miami Worldcenter","datePublished":"2025-05-22T13:06:24+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/santander-introduces-first-openbank-location-in-the-united-states-at-miami-worldcenter\/"},"wordCount":1037,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/santander-introduces-first-openbank-location-in-the-united-states-at-miami-worldcenter\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250522018659r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/santander-introduces-first-openbank-location-in-the-united-states-at-miami-worldcenter\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/santander-introduces-first-openbank-location-in-the-united-states-at-miami-worldcenter\/","name":"Santander Introduces First Openbank Location in the United States at Miami Worldcenter - 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