On August 20, 2026, Santander Group completed its acquisition by merging Webster Bank into Santander Bank, N.A.- creating one of the largest retail and commercial banks in the United States by assets. Webster Bank is now a division of Santander Bank, N.A. As we work toward a seamless integration of our companies in the coming months, we’re committed to staying close to our customers and maintaining our relentless dedication to high levels of service, every step of the way.
In the future, our vision of building a stronger bank, together will ultimately mean access to a broader footprint of retail bank branches, enhanced digital and mobile banking capabilities, and a wider range of products – all building on a foundation of local, relationship-based service, now enhanced by the scale and stability of one of the world’s largest banking groups.
For more information, please read the press release here.
No. You can continue banking with Webster Bank as you do today, with full confidence. Your accounts, account numbers, checks, debit cards, online and mobile banking access, and banking teams will remain the same.
The Webster Bank name and branding will remain the same across banking centers, digital platforms, and communications. Our legal name will reflect that we are now a division of Santander Bank, N.A.
Absolutely. All existing Webster banking centers will remain open. Please note that, at this time, Santander-branded locations cannot assist you with your Webster Bank accounts.
No. You can continue using Webster Bank online and mobile banking services as you do today. Your login credentials and digital banking access will remain the same. In addition, business and commercial clients can continue to rely on the same treasury management services.
Not yet. While that’s part of our long-term plan, please continue visiting your current Webster banking center for your banking needs. You can also continue to use the Webster Mobile App and Online Banking services.
Yes. You will be able to use both Webster Bank and Santander ATMs within the United States for cash withdrawals and balance inquiries without any fees. Your ability to make deposits at Santander ATMs will follow in the coming months.
Yes, following the merger, FDIC coverage continues without interruption. Under a special FDIC rule for bank mergers, deposits held as of August 20, 2026 at Webster (including BrioDirect), and deposits held at Santander (including Openbank), are insured separately for at least six months, and possibly longer for certificates of deposit (CDs). This transition period provides time to make any changes needed to maintain FDIC coverage at the desired level. For more information on FDIC coverage and related considerations, visit: fdic.gov.
Over time, as we bring Webster and Santander together, you’ll have access to all Santander branches, more capabilities, and a broader range of products to support your financial needs.
When we add new capabilities or services, we’ll proactively reach out with more information, so you know what to expect and how to take advantage of them.
Please contact your Webster Relationship Manager or visit your local banking center. For additional assistance, visit our Contact Us page.