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Press Releases

Featured Press Releases

Webster Bank Raises Its Prime Rate to 7.00%

09/16/2026

Webster Bank, N.A., a division of Santander Bank, N.A., announced today it has raised its prime rate from 6.75% to 7.00% effective Sept. 16, 2026. [...]
Santander Expands U.S. Presence with Completion of Webster Acquisition

08/20/2026

Santander Holdings USA, Inc. (“Santander US”) , the intermediate holding company for Banco Santander, S.A. (“Santander”) in the United States, today announced that , through a series of transactions , it has completed the acquisition of Webster Financial Corporation (“Webster”), the holding company for Webster Bank, N.A. (“Webster Bank”). Building on Santander’s decades -long commitment [...]
Santander Receives Federal Reserve Approval for the Acquisition of Webster Financial Corporation

08/04/2026

Banco Santander, S.A. (“Santander”) and Webster Financial Corporation (“Webster”) today announced that they have received the required approval from the Board of Governors of the Federal Reserve System for Santander’s previously announced acquisition of Webster, the holding company for Webster Bank, N.A., a diversified U.S. retail and commercial bank. This follows the approval by the [...]

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